CEBS has foreseen in its work programme for 2007 that a web-based facility, accessible to both supervisors and market participants, will be established to collect and address questions emerging in the implementation of the reporting frameworks. The answers only reflect CEBS’ views on problems arising from the implementation of the CEBS Guidelines on Reporting, but they cannot be considered as interpretations of the underlying regulations (Directive 2006/48/EC and Directive 2006/49/EC, and IAS/IFRS endorsed by the European Union). Some of the answers included may imply a need for a future change in a CEBS Guidelines on Reporting. In such cases, national authorities will take the answer into consideration when implementing these Guidelines at the national level.

Implementation of the Guidelines on Common Reporting

Category Issue Question Number submitted   CR IRB Column 25 of CR IRB and column 14 of CR IRB EQU – Expected loss amount 11/2008 09/05/2008 more details... CR IRB Column 21 of CR IRB and column 11 of CR IRB EQU – Exposure weighted average LGD 10/2008 09/05/2008 more details... CR IRB Column 1 - Internal Rating System: Number and size of PD buckets and definition of a master scale; Reporting of PD bands. 9/2008 09/05/2008 more details... CR IRB Column 1 - Internal Rating System: PD assigned to the obligor grade or pool 8/2008 09/05/2008 more details... CR IRB Templates for FIRB 7/2008 20/03/2008 more details... MKR SA TDI Particular approach for position risk in CIUs 6/2008 27/02/2008 more details... CR SEC Details 1.Treatment of securitisation positions with an inferred rating according to Annex IX part 4 point 38 of Directive 2006/48/EC 4/2008 12/02/2008 more details... CR EQU IRB PD assigned to the opbligor grade for the row PD/LGD approach: total 5/2008 11/02/2008 more details... CR SA Counterparty Credit risk 3/2008 05/02/2008 more details... MKR SA EQU Market risk 2/2008 05/02/2008 more details... 1 2 3 4 5 6 7 8