Question
Regulation (EU) No 575/2013 article 425 2 (b) indicates that monies due from trade finance transactions within 30 days are a taken account in full. However the Delegated Regulation (EU) 2015/61, article 32 2 (a) and its associated sub paragraph (ii) read as if this only relates to financial customers, therefore are trade finance trascations from non-financial customers less than 30 days to maturity to be taken into account in full as inflows?
Background on the question
There seems to be a clash between the Delegated Act and the CRR on trade finance transaction inflows from non-financial customers. We understand this was not meant to the case and all trade finance transactions within 30 days should be counted as 100% inflows
Answer
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