QA2017-110 - Reporting requirements T03.02 / T03.03

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Feb 01, 2024
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QA2017-110

Question


Where the template concerns the prudential consolidation of ultimate parent entity, we have to report only the intragroup guarantees towards entities that are included in the accounting consolidation scope, but not in the prudential one. Is this interpretation correct?


Response


Through the consolidation of the prudential perimeter, these guaratees would indeed be cancelled out. As such, the consolidated report of the prudential perimeter should only list those guarantees towards entities of the accounting scope of consolidation that are excluded from the prudential consolidation.