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CRD IV - EBA confirms more reporting requirements

The European Banking Authority (EBA) has published additional questions and answers (Q&As) on the Capital Requirements Directive and Regulation (CRD IV) under the single rulebook.

In respect of reporting the EBA has confirmed that:

  • additional or more frequent reporting can be required by competent authorities including reporting on capital and liquidity provisions - Qn 175;
  • the competent authority can determine the content, frequency and reporting dates of FINREP by institutions at a solo level โ€“ Qn 197; and
  • assets issued by an investment firm, insurance undertaking or other entities are not considered as liquid assets unless certain specific conditions are met โ€“ Qn 222.

 Further topics that have been covered in the new Q&As are:

  • the treatment of non-grandfathered amount of bonds (Qn 47);
  • firm shorts covered by client longs (Qn 185);
  • inclusion of incurred (IFRS) credit valuation adjustment in the internal ratings based provision shortfall calculation (Qn 245); and
  • the meaning of Article 79 (b) of the CRD IV regarding credit and counterparty risk (Qn 249).

 Related links: 

http://www.eba.europa.eu/single-rule-book-qa?p_p_id=questions_and_answers_WAR_questions_and_answersportlet&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=1&p_p_col_count=2&_questions_and_answers_WAR_questions_and_answersportlet_jspPage=%2Fhtml%2Fquestions%2Fviewquestion.jsp&_questions_and_answers_WAR_questions_and_answersportlet_viewTab=1&_questions_and_answers_WAR_questions_and_answersportlet_questionId=379369&_questions_and_answers_WAR_questions_and_answersportlet_statusSearch=1#search

http://www.eba.europa.eu/single-rule-book-qa?p_p_id=questions_and_answers_WAR_questions_and_answersportlet&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=1&p_p_col_count=2&_questions_and_answers_WAR_questions_and_answersportlet_jspPage=%2Fhtml%2Fquestions%2Fviewquestion.jsp&_questions_and_answers_WAR_questions_and_answersportlet_viewTab=1&_questions_and_answers_WAR_questions_and_answersportlet_questionId=392369&_questions_and_answers_WAR_questions_and_answersportlet_statusSearch=1#search

http://www.eba.europa.eu/single-rule-book-qa?p_p_id=questions_and_answers_WAR_questions_and_answersportlet&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=1&p_p_col_count=2&_questions_and_answers_WAR_questions_and_answersportlet_jspPage=%2Fhtml%2Fquestions%2Fviewquestion.jsp&_questions_and_answers_WAR_questions_and_answersportlet_viewTab=1&_questions_and_answers_WAR_questions_and_answersportlet_questionId=399986&_questions_and_answers_WAR_questions_and_answersportlet_statusSearch=1#search

 

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