EBA欧洲银行-Version-1.1-changes-to-version-1.0-of-EBA-NPL-templates_5页_188kb

EBA NPL Templates Version 1.1 Summary

Core Content

The European Banking Authority (EBA) has released version 1.1 of the Non-Performing Loan (NPL) Templates, incorporating changes based on user feedback and further stakeholder considerations following the initial version 1.0 release. These updates aim to improve the accuracy, clarity, and usability of the templates for financial institutions.

Main Changes

Legal Procedure Section

The legal procedure section has undergone significant changes to better capture the complexities of insolvency and restructuring proceedings:

• New fields have been introduced to cover:
  • The local name of insolvency proceedings affecting the Counterparty.
  • The name and contact details of the insolvency practitioner, along with the date of their appointment or the commencement of proceedings.
  • Whether the proceedings are liquidation-based or focused on rescue.
  • Whether a moratorium is imposed to prevent enforcement by creditors.
  • Whether the secured claim is at risk of being compromised or written down against the seller’s will.
  • Whether a proof of claim has been filed, a distribution has been made, and notice of the end of the procedure has been given.
• Field reorganization has been implemented to better structure the data:
  • Field 88 has been replaced with 'Name of Insolvency/Restructuring proceedings'.
  • Field 89 has been replaced with 'Additional Name of Insolvency/Restructuring Proceedings'.
  • Field 90 has been replaced with 'Legal Procedure Type'.
  • Field 91 has been replaced with 'Description of Legal Procedure Type'.
  • Field 92 has been replaced with 'Commencement Date of Insolvency/Restructuring Proceedings'.
  • New fields 93–102 have been added to capture more detailed information on the stage of the procedure and related actions.
• One critical field, 'Legal Status', has been deleted due to duplication.

Other Version Changes

• Indexing correction in the Property Collateral tab.
• Clarification on Choice fields:
  • Instructions have been updated to specify that "Employed" should be entered for Choice fields.
  • When entering NACE codes, "A-" and "Agriculture" are specified as options.
• Tab name update from 'History of total repayments' to 'History and repaymschedule'.
• Asset class matrix update:
  • The 'Tenant - Lease relationship' table has been removed from the unsecured matrix.
  • The 'Lease table' has been added to the Residential asset class matrix.
• Instructions for OC codes have been clarified to exclude the OC prefix.
• Eurostat code links have been updated to include only one ILO link: http://www.ilo.org/public/english/bureau/stat/isco/docs/index08-draft.xlsx.
• NUTS2016 classification has been added as a choice option.
• Country-specific field for Spain has been introduced under 'Collateral Type' to allow for 'Corporate Guarantee', with an additional 'Description' field to provide more context.
• 'Balance at Default' and 'Collateral Repossessed Date' fields have been added to the unsecured asset class.
• A note has been included in the instructions stating that property collateral data should be entered at the Unit level.
• The definition of Default has been updated to reflect that it is not defined by CRR Article 178.

Key Information

• Purpose: Enhance the accuracy and completeness of NPL reporting by financial institutions.
• Scope: The changes apply to the entire EBA NPL Templates, including the legal procedure section, data dictionary, and asset class matrices.
• User Feedback: The updates were made in response to user feedback and stakeholder input.
• Implementation: The changes are now included in version 1.1 of the NPL Templates and are recommended for use by institutions.

These modifications ensure that the EBA NPL Templates are more aligned with real-world scenarios and regulatory expectations, providing a more comprehensive and user-friendly framework for reporting NPL data.