DECISION (EU) 2021/432 OF THE EUROPEAN CENTRAL BANK

of 1 March 2021

amending Decision (EU) 2017/1198 on the reporting of funding plans of credit institutions by national competent authorities to the European Central Bank (ECB/2021/7)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (1), and in particular Article 6(2) thereof,

Having regard to Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17) (2), and in particular Article 21 thereof,

Having regard to the proposal of the Supervisory Board

Whereas:

(1) Decision (EU) 2017/1198 of the European Central Bank (3) requires national competent authorities to provide the funding plans of certain significant and less significant credit institutions to the European Central Bank (ECB), and establishes harmonised procedures for the submission to the ECB of those funding plans.

(2) In order to ensure consistent, efficient and effective supervisory practices and to facilitate the reporting of funding plans, Decision (EU) 2017/1198 requires funding plans to be reported in accordance with the harmonised templates and definitions referred to in the funding plan template attached to the European Banking Authority (EBA) Guidelines on harmonised definitions and templates for funding plans of credit institutions under Recommendation A4 of ESRB/2012/2 (EBA/GL/2014/04) (4).

(3) The EBA Guidelines on harmonised definitions and templates for funding plans of credit institutions under Recommendation A4 of ESRB/2012/2 (EBA/GL/2014/04) are repealed and replaced with effect from 31 December 2020 by the EBA Guidelines on harmonised definitions and templates for funding plans of credit institutions under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) (5) (hereinafter the ‘EBA 2019 Guidelines’).

(4) For the exclusive purpose of carrying out the tasks conferred on it by Articles 4(1) and (2) and 5(2) of Regulation (EU) No 1024/2013, the ECB is considered, as appropriate, the competent authority or the designated authority in the participating Member States as established by Union law. Therefore, the ECB is amongst the addressees of the EBA 2019 Guidelines.

(5) The EBA Decision concerning supervisory reporting by competent authorities to the EBA (EBA/DC/2020/334) (6), repealing the EBA Decision of 23 September 2015 (EBA/DC/2015/130), requires competent authorities to submit data on funding plans of all credit institutions under their supervisory remit in accordance with the EBA 2019 Guidelines. In addition, that EBA Decision classifies all credit institutions as either ‘Largest institutions in the Member State’ or ‘Smaller Institutions’ for the purposes of determining the submission dates of the requested data from competent authorities to the EBA. It is appropriate that the ECB takes account of those classifications.

(6) In order to align reporting to the ECB by national competent authorities of funding plans of credit institutions with the most recent harmonised definitions and templates in the EBA 2019 Guidelines, and to ensure compliance with the EBA Decision EBA/DC/2020/334, Decision (EU) 2017/1198 should be amended accordingly,

HAS ADOPTED THIS DECISION:

Article 1 Amendments to Decision (EU) 2017/1198 (ECB/2017/21) Decision (EU) 2017/1198 (ECB/2017/21) is amended as follows: (1) Article 3 is replaced by the following: ‘Article 3 Requirements for reporting funding plans 1. 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: (a) significant credit institutions at the highest level of consolidation in the participating Member States on a consolidated basis; (b) significant credit institutions that are not part of a supervised group on an individual basis; (c) less significant credit institutions in respect of which the relevant national competent authority collects funding plans in accordance with the EBA 2019 Guidelines. 2. National competent authorities that collect the funding plans of significant credit institutions that are not referred to in points (a) and (b) of paragraph 1 shall provide these funding plans to the ECB if they comply with the EBA 2019 Guidelines. 3. The funding plans shall be submitted to the ECB in accordance with the harmonised instructions and templates referred to in the EBA 2019 Guidelines. The funding plans shall have a reporting reference date of 31 December of the previous year. 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. (*1) EBA/GL/2019/05. Available on the EBA website’;" (2) Article 4 is replaced by the following: ‘Article 4 Remittance dates 1. 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: (a) funding plans of credit institutions referred to in Article 3(1)(a) and Article 3(1)(b); (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). 2. Funding plans of all credit institutions not referred to in paragraph 1 shall be provided by the relevant national competent authorities to the ECB by 12:00 CET of the 25th working day following 15 March. (*2) Available on the EBA website’;" (3) in Article 5, paragraph 1 is replaced by the following: ‘1. National competent authorities shall monitor and assess the quality and reliability of the data made available to the ECB. National competent authorities shall apply the relevant validation rules developed, maintained and published by the EBA. National competent authorities shall also apply the additional data quality checks defined by the ECB in cooperation with the national competent authorities.’; (4) in Article 7, paragraph 1 is replaced by the following: ‘1. National competent authorities shall submit the data specified in this Decision using the applicable eXtensible Business Reporting Language taxonomy in order to provide a uniform technical format for the exchange of data regarding the EBA 2019 Guidelines.’; (5) the following Article 8a is inserted: ‘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 2 Final provisions The Decision shall take effect on the day of its notificiation to the addressees.

Article 3 Addressees This Decision is addressed to the national competent authorities of the participating Member States

Done at Frankfurt am Main, 1 March 2021. The President of the ECB Christine LAGARDE

(1) OJ L 287, 29.10.2013, p. 63.

(2) OJ L 141, 14.5.2014, p. 1.

(3) 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) (OJ L 172, 5.7.2017, p. 32.).

(4) Available on the EBA website.

(5) EBA/GL/2019/05.

(6) Available on the EBA website.