Supervisory reporting - Asset encumbrance


Supervisory Reporting: Commission Implementing Regulation (EU) 2015/79 on asset encumbrance, single data point model and validation rules

January 2015

On 21 January 2015 the Official Journal of the European Union published the Commission Implementing Regulation (EU) 2015/79 of 18 December 2014 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards asset encumbrance, single data point model and validation rules.

The main change results in the insertion of a new article (Chapter 7a – article 16a) dealing with the format and frequency of Reporting on asset encumbrance in accordance with Article 100 of Regulation (EU) No 575/2013 on an individual and a consolidated basis (see Annex XVI for the specified information and Annex XVII for the instructions).

In addition, Articles 17, 18 and 19 have been modified as follow:

  • Article 17 has been simplified with the withdrawn of the second paragraph of the Regulation (EU) 680/2014 concerning additional information to be provided by financial insitutions. Minor changes have been operated in the terminology used, replacing “a data point model” by “ a signle data point model” and “validation formulae” by “validation rules”
  • Article 18 has been amended to specify the first reporting reference date (31 December 2014) for the information to be reported pursuant to Article 16a,
  • Article 19 has been amended to specify the date (1 December 2014) as from which the Article 16a shall apply.

This Regulation entered into force on 10 February 2015.

Supervisory reporting - Asset encumbrance
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