Article 20
Supplementary reporting for the purposes of identifying G-SIIs and assigning G-SII buffer rates
1. When reporting supplementary information for the identification of G-SIIs and assigning G-SII buffer rates under Article 131 of Directive 2013/36/EU, EU parent institutions, EU parent financial holdings and EU parent mixed financial holdings shall submit the information specified in Section 11 – ‘Supplementary reporting for the purposes of identifying G-SIIs and assigning G-SII buffer rates’ of Annex I to this Regulation, on a consolidated basis with a quarterly frequency, where both of the following conditions are met:
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(a) |
the total exposure measure of the group, including insurance subsidiaries, is equal to or exceeds EUR 125 000 000 000; |
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(b) |
the EU parent or any of its subsidiaries or any branch operated by the parent or by a subsidiary is located in a participating Member State as referred to in Article 4 of Regulation (EU) No 806/2014 of the European Parliament and of the Council (10). |
2. When reporting supplementary information for the identification of G-SIIs and assigning G-SII buffer rates under Article 131 of Directive 2013/36/EU, institutions shall submit the information specified in Section 11 – ‘Supplementary reporting for the purposes of identifying G-SIIs and assigning G-SII buffer rates’ of Annex I to this Regulation on an individual basis with a quarterly frequency, where all of the following conditions are met:
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(a) |
the total exposure measure of the institution is equal to or exceeds EUR 125 000 000 000; |
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(b) |
the institution is located in a participating Member State as referred to in Article 4 of Regulation (EU) No 806/2014; |
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(c) |
the institution is not part of a group that is subject to consolidated supervision (‘standalone institution’). |
3. By way of derogation from Article 3(1), point (b), institutions shall submit the information referred to in paragraphs 1 and 2 of this Article by close of business on the following remittance dates: 1 July, 1 October, 2 January and 1 April.
4. By way of derogation from Article 4, the following shall apply with regard to the thresholds specified in paragraph 1, point (a), and paragraph 2, point (a), of this Article:
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(a) |
the EU parent institution, EU parent financial holding, EU parent mixed financial holding or standalone institution, as applicable, shall immediately start reporting the information referred to in paragraphs 1 and 2 in accordance with this Article where its leverage ratio exposure measure exceeds the specified threshold as of the end of the accounting year, and shall report that information for the end of that accounting year and the subsequent three quarterly reference dates; |
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(b) |
the EU parent institution, EU parent financial holding, EU parent mixed financial holding or standalone institution, as applicable, shall immediately stop reporting the information referred to in paragraphs 1 and 2 in accordance with this Article where its leverage ratio exposure measure falls below the specified threshold as of the end of their accounting year. |
(10) Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ L 225, 30.7.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/806/oj).