Deutsche Kreditwirtschaft

DK comments on EBA consultation paper on COREP and asset encumbrance reporting (EBA/CP/2021/24)

24 September 2021

We welcome that, regardless of a threshold calculation, small and non-complex institutions (SNCIs) will be exempt from extended reporting requirements. However, in the light of the underlying objective to reduce supervisory costs using proportionality measures we do suggest excluding indemnification (Haftungsfreistellung) of promotional loans.

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