QA2022-17 - r0210 for non EU countries

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Feb 01, 2024
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Resolution Reporting Subject Matter Guidance
Guidance Documents Intragroup-liabilities
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QA2022-17

Question


For the T01, row 210 – Liabilities towards other entities of the resolution group (BRRD art 442/h). Potentially for UK subsidiaries, we would need to report balances with other UK Holding subsidiaries per BRRD Article 1 (1c/d). However, the guidance refers to holding companies in a Member State / Union. As we are now post Brexit, does this mean we would not report the UK intragroup balances on this row?


Response


An institution or entity established in the UK, where part of the same resolution group as the reporting entity and not being itself a resolution entity, falls outside the definitions given in points (b), (c) or (d) of Article 1(1) BRRD as referred to in Article 44/2/h. As a result, at the reference date of the report, 31 December 2021, the UK was not an EU Member State. As such, liabilities towards this institution or entity are not excluded under the relevant Article 44/2/h and cannot be reported in row 210.