Question
Can you agree to overrule the validation error V09341_m in SBP credit risk reporting for context date of 202012?
Background on the question
We are getting the below validation error for the SBP_CR report ERROR : Formula error: [error] v09341_m: The GDP growth is unlikely to be more than 10%
Answer
This question has been rejected because the issue it deals with is already explained or addressed in the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on benchmarking).The VdR is a warning, hence the submission can be assessed on a case by case basis, therefore there is no need to amend the VdR.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.”