EBA Q&A · 2013_121
FINREP Amount of cumulative changes in fair value due to credit risk
Final Q&Afiled under Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed) (repealed)Submitted 06/08/2013 · published 14/02/2014
Question · verbatim
In the absence of accurate information how the amount of cumulative changes in fair value due to credit risk should be reported? This question is also relevant for templates F4.2, F8.1, F16.5, F45.1.
Background provided by the submitter · verbatim
As mentioned in the EBA Q&A’s the requirement in IFRS to specify the credit risk component relates only to financial assets designated at FVTPL and not for trading portfolios.
Answer · verbatim
Reporting institutions should in principle be able to determine the amount of cumulative changes in fair value due to credit risk. If the information needed to its determination does not exist or is not possible to retrieve without incurring into significant costs, following the principles of IAS 8 the reporting institution shall carry out a reliable estimation of this amount. Retrospective application back to the date of initial acquisition is required where a reliable estimate for this is able to be made. If a reliable estimation is not possible, reporting institutions should apply the requirements retrospectively from the earliest period practicable.
Source: EBA Single Rulebook Q&A 2013_121 · text as published, not rephrased · collected on 2026-10-08