Question
Is row 0010, column 0020 of C107.01, as specified in Annex VI expected to be filled in as compulsory field?
Background on the question
Formula validation results indicate that row 0010, column 0020 of C107.01 should be filled in. However, this is a free text box and the formula rule which results in an error if the field is not populated seems to be in conflict with instructions in the Annex. The instruction in Annex VI indicate that this field is only compulsory where the answer in row 0010, column 0010 is d) “Combination / Other Methodology shall be specified”.
Answer
This question has been rejected because the issue it deals with is already explained or addressed in Annex VI of the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on benchmarking).The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on the practical implementation or application of the provisions of Directive 2013/36/EU (Capital Requirements Directive or CRD). For further information on the purpose of this tool and on how to submit questions please see “Additional background and guidance for asking questions.”