Question
Will the remittance date for Q1 2025 iMREL/iTLAC reporting be aligned to the due date for COREP reporting for which the submission date is postponed to June 2025?
Background on the question
Given the communication on postponement of submission date to end of June for COREP templates in relation to own funds and leverage ratios (under CRR3), will there be similar extension for Q1 2025 reporting for MREL TLAC? MREL TLAC has a dependency & needs to align with COREP for reporting total risk exposure amount, leverage exposure amount and combined buffer requirement.
Answer
This question has been rejected because the issue it deals with is already addressed in Article 24(1) of Commission Implementing Regulation (EU) 2024/3117 (ITS on reporting) and in Commission Implementing Regulation (EU) 2021/763 (ITS on the reporting of MREL-TLAC). In case of discrepancies, institutions shall resubmit the reporting data for MREL/TLAC, in accordance with theGuidelines on resubmission of historical data.For further information on the purpose of this tool and on how to submit questions, please see 'Additional background and guidance for asking questions'.