ID: 2022_6412 – F 31.01 in combination with Q&A 915

The European Banking Authority (EBA) has published the following new Q&A as regards issues relating to the Capital Requirements Regulation (CRR):
+ ID: 2022_6412 – Supervisory reporting – FINREP (incl. FB&NPE) – F 31.01 in combination with Q&A 915
Q: According to Q&A 915 and EBA-ITS v3.0, the EBA considers validation rule 1034_m still as accurate. We’re seeking a clarification whether EBA also has taken into account IAS 24.26 when answering in 2014.
A: The validation rule v1034_m has the sign <=, therefore it works even where IAS 24.25 does not apply and all the relationships with related parties are represented in template F 31.01 of Annexes III and IV to Regulation (EU) 2021/451 (ITS on Supervisory Reporting). Indeed, in case of a state-owned bank giving financial guarantee to its parent company, the guarantees amount shall be reported as 'credit institutions' in row 0130, and not in r0120 of the template F 09.01.1., in accordance with the instructions in Annex V, Part 1, par 42 b) to the ITS on Supervisory Reporting.