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Commission Implementing Regulation (EU) 2016/1702 of 18 August 2016 amending Implementing Regulation (EU) No 680/2014 as regards templates and instructions (Text with EEA relevance)

EU Regulation 2016/1702 · Adopted 18 August 2016 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Commission Implementing Regulation (EU) 2016/1702

of 18 August 2016

amending Implementing Regulation (EU) No 680/2014 as regards templates and instructions

(Text with EEA relevance)

C1

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012f1 and in particular the fourth subparagraph of Article 99(5), the fourth subparagraph of Article 99(6), the third subparagraph of Article 101(4) and the third subparagraph of Article 394(4) thereof,

Whereas:

(1)

Commission Implementing Regulation (EU) No 680/2014f2 lays down the requirements according to which institutions are required to report information relevant to their compliance with Regulation (EU) No 575/2013. Given that the regulatory framework established by Regulation (EU) No 575/2013 is gradually being supplemented and amended in its non-essential elements by the adoption of regulatory technical standards, Implementing Regulation (EU) No 680/2014 needs to be updated accordingly to reflect those rules.

(2)

In order to ensure a correct and uniform application of the requirements laid down in Implementing Regulation (EU) No 680/2014, further precision should be provided with regard to the templates and instructions including definitions used for the purposes of institutions’ supervisory reporting. Implementing Regulation (EU) No 680/2014 should also be updated to correct typos, erroneous references and formatting inconsistencies which were discovered in the course of the application of that Regulation. Therefore, for reasons of legal clarity, it is appropriate to replace several templates of Annexes I, III and IV and to amend some of the instructions laid down in Annexes II, V, VII and IX.

(3)

To provide institutions and competent authorities with adequate time to implement the amendments set out in this Regulation, it should apply from 1 December 2016.

(4)

This Regulation is based on the draft implementing technical standards submitted by the European Banking Authority (EBA) to the Commission.

(5)

Given that the necessary amendments to Implementing Regulation (EU) No 680/2014 do not involve significant changes in substantive terms, in accordance with the second subparagraph of Article 15(1) of Regulation (EU) No 1093/2010 of the European Parliament and of the Councilf3, the EBA has not conducted any open public consultation, considering that it would be disproportionate in relation to the scope and impact of the draft implementing technical standards concerned.

(6)

Implementing Regulation (EU) No 680/2014 should therefore be amended accordingly,

HAS ADOPTED THIS REGULATION:

Annotations to the whole text

Modifications

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Regulation: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pts. 1, 3; S.I. 2023/779, reg. 2(d)

Footnotes

f1

OJ L 176, 27.6.2013, p. 1.

f2

Commission Implementing Regulation (EU) No 680/2014 of 16 April 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 (OJ L 191, 28.6.2014, p. 1).

f3

Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Annex IREPORTING ON OWN FUNDS AND OWN FUNDS REQUIREMENTS
  5. Annex IIAnnex II
  6. Annex IIIREPORTING FINANCIAL INFORMATION ACCORDING TO IFRS
  7. Balance Sheet Statement [Statement of Financial Position]
  8. 1.2Liabilities
  9. 2Statement of profit or loss
  10. Breakdown of financial liabilities
  11. 8.1Breakdown of financial liabilities by product and by counterparty sector
  12. 8.2Subordinated financial liabilities
  13. 14Fair value hierachy: financial instruments at fair value
  14. Breakdown of selected statement of profit or loss items
  15. 16.1Interest income and expenses by instrument and counterparty sector
  16. 16.2Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss by instrument
  17. 16.3Gains or losses on financial assets and liabilities held for trading by instrument
  18. 16.4Gains or losses on financial assets and liabilities held for trading by risk
  19. 16.5Gains or losses on financial assets and liabilities designated at fair value through profit or loss by instrument
  20. 16.6Gains or losses from hedge accounting
  21. 16.7Impairment on financial and non-financial assets
  22. Reconciliation between Accounting and CRR scope of consolidation: Balance Sheet
  23. 17.1Assets
  24. 17.2Off-balance sheet exposures: Loan commitments, financial guarantees and other commitments given
  25. 17.3Liabilities and equity
  26. 18Information on performing and non-performing exposures
  27. 19Information forborne exposures
  28. Geographical breakdown
  29. 20.1Geographical breakdown of assets by location of the activities
  30. 20.2Geographical breakdown of liabilities by location of the activities
  31. 20.3Geographical breakdown of statement of profit or loss items by location of the activities
  32. 20.4Geographical breakdown of assets by residence of the counterparty
  33. 20.5Geographical breakdown of off-balance sheet exposures by residence of the counterparty
  34. 20.6Geographical breakdown of liabilities by residence of the counterparty
  35. 20.7Geographical breakdown by residence of the counterparty of loans and advances to non-financial corporations by NACE codes
  36. Off-balance sheet activities: Interests in unconsolidated structured entities
  37. 30.1Interests in unconsolidated structured entities
  38. 30.2Breakdown of interests in unconsolidated structured entities by nature of the activities
  39. Related parties
  40. 31.1Related parties: amounts payable to and amounts receivable from
  41. 31.2Related parties: expenses and income generated by transactions with
  42. Fair value
  43. 41.1Fair value hierarchy: financial instruments at amortised cost
  44. 41.2Use of the Fair Value Option
  45. 41.3Hybrid financial instruments not designated at fair value through profit or loss
  46. 43Provisions
  47. Breakdown of selected items of statement of profit or loss
  48. 45.1Gains or losses on financial assets and liabilities designated at fair value through profit or loss by accounting portfolio
  49. 45.2Gains or losses on derecognition of non-financial assets other than held for sale
  50. 45.3Other operating income and expenses
  51. Annex IVAnnex IV
  52. Annex VAnnex V
  53. Annex VIAnnex VI
  54. Annex VIIAnnex VII