Question ID
2026_7904
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
Reporting Framework 4.2.: F 13.2.1.c
Paragraph
-
Subparagraph
-
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
AnnexV related data point categorization under Reporting Framework 4.2.
Type of submitter
Credit institution
Subject matter
Template F 13.2.1.c VariableID 433471 and 433464
Question

Following the most recent update to the FINREP validation framework under Reporting Framework 4.2., a new data point categorization has been introduced affecting template F 13.2.1.c, specifically Variable IDs 433471 and 433464. We would appreciate confirmation as to whether this data point categorization has been correctly defined and, if so, clarification on the prudential reporting rationale underlying it. Our concern is that the validation may not be conceptually appropriate in all cases, as not all additions of foreclosed assets necessarily qualify as non-current assets held for sale.

Background on the question

Since the implementation of the latest taxonomy and validation package, we have identified that the validation affecting template F 13.2.1.c appears to require consistency between Variable IDs 433471 and 433464 in F 13.2.1.c and template F 13.2.1.a, rather than template F 13.2.1.b.

In our case, we hold assets where, at the time of foreclosure, a lease agreement is already in place, which justifies classifying the asset as an investment property upon initial recognition.

Based on our reading of the instructions set out in Annex V, the common data point with template F 13.2.1.a would not be applicable in such circumstances. Instead, template F 13.2.1.c should reconcile with the total reported in template F 13.2.1.b. In this regard, we understand that the relevant Variable IDs in F 13.2.1.c should be 433631 and 433625.
 

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming version of the Reporting framework (version 4.4.2).

Status
Rejected question