EBA Q&A · 2023_6955
on demand and short notice vs. other term loans
Rejectedfiled under Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed) (repealed)Submitted 21/12/2023 Rejected publishing date 22/12/2023
Question · verbatim
Should matured loans with contractually fixed maturities, loans that matures at reporting date or at the next business day after the reporting date and canceled loans be reported as "on demand and short notice" product or as "other term loans" product as they were reported prior the maturity/cancelation? Should contractual (original) maturity or residual maturity be taken into account when determining "on demand and short notice" product? Can the type of product change during the lifetime of the loan?
Background provided by the submitter · verbatim
1. The bank has a loan with a 5-year contractual maturity and was reported as "other term loans" product. The loan is due on 30.09.2023. Does the bank have to report the loan as "on demand and short notice" product in the report for 30.09.2023?
2. The bank has a loan with a 5-year contractual maturity. The loan is due on 01.10.2023. Does the bank have to report the loan as "on demand and short notice" product in the report for 30.09.2023?
3. The bank has a loan with a 5-year contractual maturity. The loan is due on 15.08.2023. Does the bank have to report the loan as "on demand and short notice" product in the report for 30.09.2023?
4. The bank has a loan with a 5-year contractual maturity. The loan was canceled on 15.08.2023 due to breach of contractual provisions by customer. Does the bank have to report the loan as "on demand and short notice" product in the report for 30.09.2023?
Rationale for rejection · verbatim
This question has been rejected because the matter it refers to is in the process of being answered in
Q&A 6908
.
Rejected questions have no answer.
Source: EBA Single Rulebook Q&A 2023_6955 · text as published, not rephrased · collected on 2026-10-08