Invalid CRR article reference within leverage ratio ITS (regulation (EU) 2016/428)

EBA Q&A 2016_2843 · Final Q&A

Question

The instructions for cells {180;020} and {180;040} of the leverage ratio report 'C43.00 — Alternative breakdown of leverage ratio exposure measure components (LR4)' contained in the leverage ratio ITS make reference to "exposures in the form of covered bonds under Article 161(d) of the CRR". "Article 161(d)" is not a valid reference to the CRR. Is the intended reference 'article 161(1)(d)'?

Background on the question

Current (as at 22.07.2016) version of leverage ratio ITS (regulation (EU) 2016/428 (amending 680/2014)): http://eur-lex.europa.eu/eli/reg_impl/2016/428/oj Current (as at 22.07.2016) version of the CRR: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02013R0575-2016...

Answer

There is indeed a typo. “Article 161(d) CRR” should be read “Article 161 (1) d) CRR”. The reference will be corrected in the next version of Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions.

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