Question ID
2025_7566
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
273
Paragraph
1
Subparagraph
3
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2024/3117 - ITS on supervisory reporting of institutions
Article/Paragraph
5
Name of institution / submitter
Eurobank Cyprus Ltd
Country of incorporation / residence
Cyprus
Type of submitter
Credit institution
Subject matter
Combination of methods for CCR
Question

As per Article 273(1)(3) "Institutions may use in combination the methods set out in Sections 3 to 6 on a permanent basis within a group. A single institution shall not use in combination the methods set out in Sections 3 to 6 on a permanent basis."

For this scenario assume that the conditions of Article 273(a)(1) and Article 273(a)(2) are met, thus the all methods outlined in Part Three Title II Chapter 6 Sections 3 to 6 can be used

According to the above, we understand that an institution can apply more than 1 methods outlined in Sections 3 to 6 for a time period.

Please (i) confirm our understanding that more than 1 method can be used simultaneously and (ii) how long can this be applied

Background on the question

Article 273(1)(3) says that an institution may use a combination for a time period, but there is no specification on the time limit that this is allowed

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because EBA guidance or clarification is not needed. This can be the case where harmonisation of practices through the Q&A process is not considered necessary; or that the issue is not material, for example because it is considered to be relevant only to a limited set of institutions or other stakeholders.

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Status
Rejected question