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Document 02017D0021-20210312
Decision (EU) 2017/1198 of the European Central Bank of 27 June 2017 on the reporting of funding plans of credit institutions by national competent authorities to the European Central Bank (ECB/2017/21)
Consolidated text: Decision (EU) 2017/1198 of the European Central Bank of 27 June 2017 on the reporting of funding plans of credit institutions by national competent authorities to the European Central Bank (ECB/2017/21)
Decision (EU) 2017/1198 of the European Central Bank of 27 June 2017 on the reporting of funding plans of credit institutions by national competent authorities to the European Central Bank (ECB/2017/21)
No longer in force
02017D0021 — EN — 12.03.2021 — 001.001
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DECISION (EU) 2017/1198 OF THE EUROPEAN CENTRAL BANK of 27 June 2017 (OJ L 172 5.7.2017, p. 32) |
Amended by:
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DECISION (EU) 2021/432 OF THE EUROPEAN CENTRAL BANK of 1 March 2021 |
L 86 |
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12.3.2021 |
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DECISION (EU) 2017/1198 OF THE EUROPEAN CENTRAL BANK
of 27 June 2017
on the reporting of funding plans of credit institutions by national competent authorities to the European Central Bank (ECB/2017/21)
Article 1
Scope
This Decision requires national competent authorities to provide the funding plans of certain significant and less significant credit institutions to the ECB, and lays down procedures concerning the submission to the ECB of such funding plans.
Article 2
Definitions
For the purposes of this Decision, the definitions contained in Regulation (EU) No 468/2014 (ECB/2014/17) shall apply, together with the following definitions:
‘significant credit institution’ means a credit institution which has the status of a significant supervised entity in accordance with Regulation (EU) No 468/2014 (ECB/2014/17); and
‘less significant credit institution’ means a credit institution which does not have the status of a significant supervised entity in accordance with Regulation (EU) No 468/2014 (ECB/2014/17).
Article 3
Requirements for reporting funding plans
National competent authorities shall provide the ECB with the funding plans that are in line with the EBA Guidelines on harmonised definitions and templates for funding plans of credit institutions under Recommendation of the European Systemic Risk Board of 20 December 2012 (ESRB/2012/2) ( 1 ) (hereinafter the ‘EBA 2019 Guidelines’) of the following credit institutions established in their respective participating Member States:
significant credit institutions at the highest level of consolidation in the participating Member States on a consolidated basis;
significant credit institutions that are not part of a supervised group on an individual basis;
less significant credit institutions in respect of which the relevant national competent authority collects funding plans in accordance with the EBA 2019 Guidelines.
Where credit institutions are permitted by national laws to report their financial information based on their accounting year-end, which deviates from the calendar year-end, the latest available accounting year-end shall be considered the reporting reference date.
Article 4
Remittance dates
The funding plans of the following credit institutions shall be provided by the relevant national competent authorities to the ECB by 12.00 CET of the 10th working day following 15 March:
funding plans of credit institutions referred to in Article 3(1)(a) and Article 3(1)(b);
funding plans of credit institutions referred to in Article 3(1)(c) and Article 3(2) where they are included in the list of the Largest Institutions in the Member State published by the EBA pursuant to Article 2(6) of the EBA Decision EBA/DC/2020/334 ( 2 ).
Article 5
Data quality checks
Further to the compliance with the validation rules and quality checks, the data shall be submitted in accordance with the following additional minimum standards for accuracy:
national competent authorities shall provide information, if applicable, on the developments implied by the data submitted; and
the information must be complete: existing gaps must be acknowledged, explained to the ECB and, if applicable, filled without undue delay.
Article 6
Qualitative information
Article 7
Specification of the transmission format
Article 8
First reporting reference dates
The first reference date for the reporting pursuant to Article 3 shall be 31 December 2017.
Article 8a
First reporting reference date in 2021
The first reference date for reporting in 2021 pursuant to Article 3 shall be 31 December 2020. The second subparagraph of Article 3(3) shall apply.
Article 9
Taking effect
This Decision shall take effect on the day of its notification to the addressees.
Article 10
Addressees
This Decision is addressed to the national competent authorities of the participating Member States.
( 1 ) EBA/GL/2019/05. Available on the EBA website.
( 2 ) Available on the EBA website.