QA2018-1 - Intragroup definition T00.01 - T01.00

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Feb 01, 2024
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Resolution Reporting Subject Matter Guidance
Guidance Documents Intragroup-liabilities
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QA2018-1

Question


Could you provide more guidance regarding the notion of ultimate parent entity (r040 and r050 of T00.01) and the interaction/definition of intragroup counterparties (T01.00-c070) on the one hand and institution liabilities with original maturity of less than 7 days (T01.00-r150), which have to exclude the intragroup liabilities on the other?


Response


In order to determine the ultimate parent entity, reference is made to the definition of a parent entity in Article 2.1(6) of Directive 2014/59/EU, which refers to Article 4.1(15)(a) of Regulation (EU) No 575/2013, which in turn refers to Articles 1 and 2 of Directive 83/349/EEC. As such, the ultimate parent entity is the highest level of consolidation of a given group. For the purposes of the reporting of T00.01, rows r040 and r050 all entities of a group shall be taken into account, irrespective of their country of incorporation. Likewise, when determining liabilities as intragroup for the purpose of T01.00, c070, insitutions should consider the wider scope of the group, including any entity that is ultimately included in the accounting consolidation scope of the ultimate parent entity. Finally, in light of the above and for the reporting purposes, any of the intragroup liabilities as defined above, for which the counterparty is an institution and the original maturity is below 7 days, shall not be reported in line r150 of T01.00.