Question
Annex V - portfolio 1.12. The October index has not yet been published. Which index should firms use? Annex V - portfolio 1.13. Is the Option expiry date 15 January 2015?
Background on the question
See above
Answer
The portfolios in question of Annex V of the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on benchmarking) should be considered as follows. Portfolio 1.12: The starting date is 15 October 2015 and the maturity date is 15 October 2025. Banks are invited to use the updated index currently available. Banks shall communicate this choice on the text cell in the relative IMV template. Portfolio 1.13: The option expiry date is 15 January 2016 since it is a 3-month option starting on 15.10.2015 DISCLAIMER: The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal, which may differ from the text of the draft ITS to which this Q&A relates.