Question
The control formula currently in place for column 0070 / row 0340 of template C16.02 does not seem aligned with your definition of this indicator. Could you clarify the expected logic?
Background on the question
Column 0070 / row 0340 of template C_16.02 is defined in Article 314 of Regulation (EU) 2024/1623, which governs the calculation of the fee and commission expense component (FE) The calculation of this column is an annual average, over the last three financial years, of the fees paid by the institution for advice and services, including outsourcing fees paid by the institution in exchange for financial services, but excluding outsourcing fees paid in exchange for non-financial services. The original formula is not compliant : {C_16.02,r0340,c0070,} = sum({C_16.02,r0350,c0030,},{C_16.02,r0350,c0050,},{C_16.02,r0350,c0010,}) - sum({C_16.02,r0360,c0010,},{C_16.02,r0360,c0050,},{C_16.02,r0360,c0030,}) / 3
Answer
This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming quarterly update of the validation rules.