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QA2019-80 - LDR Guidance

QA2019-80 - LDR Guidance

Owned by SRB Services
Feb 01, 2024
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Resolution Reporting Subject Matter Guidance
Guidance Documents Reporting-scope-and-process
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QA2019-80

Question


1. In which column of T01.00 should the investment firms be reported? In column “Institutions” or “Other financial corporation”? As per new Guidance on the Liability Data Report, column “institutions” should be fed according to article 2 (23): „institution“ means a credit institution or an investment firm. On the other hand, a new definition of “Other financial corporation” has be defined in line with FINREP, Annex V. Part 1.42(d), where: All financial corporations and quasi-corporations other than credit institutions such as investment firms, investment funds, insurance companies, pension funds, collective investment undertakings, and clearing houses as well as remaining financial intermediaries, financial auxiliaries and captive financial institutions and money lenders.


Response


In line with the definitions used by the EBA in the formulation of v2.8 of their ITS, investment firms should be reported in "Other Financial Corporations". The Final LDR guidance will be adapted accordingly.