EBA Q&A 2014_1535: Reporting the customer resources distributed but not managed under the item 130 of the template F 22.02 - Assets involved in the services provided

Reporting the customer resources distributed but not managed under the item 130 of the template F 22.02 - Assets involved in the services provided

EBA Q&A 2014_1535 · Final Q&A

Question

a) What value should be reported under the item 130 of the template F 22.02: the value of the resources distributed in the reporting period or the balance of such resources at the reporting reference date? b) Should the reported value be the gross amount invested by the clients (including the credit institution distribution fee) or the net amount (less the distribution fee)? c) Should the information related to money transfer services be also reported under the item 130 of the template F 22.02?

Background on the question

We need these clarifications because the FINREP instructions are silent in these regards.

Answer

The answers to the questions a) b) and c) concerning F 22.02 row 130 of Annex III of Regulation (EU) 680/2014 – ITS on Reporting are as follows: The value that shall be reported under row 130 of the template F 22.02 is the total transaction value of the products distributed in the reporting period The reported value shall be the gross amount invested by the clients (including the credit institution distribution fee). The money transfer services shall only be reported under row 120 of the template F 22.02.