Basel Committee on Banking Supervision - Frequently asked questions on Basel III

In some countries, supervisors may have implemented additional rules beyond the Basel Framework or may have made modifications to the framework in their national implementation, and these should be considered in the calculation of the requirements for the purposes of this exercise unless stated otherwise in the Instructions. [...] In this case, to avoid double counting, any impact on RWA deriving from the implementation of the Basel framework for the TLAC instruments needs to be included as a negative number in cell D119 in the “Requirements” worksheet; • Reporting in “TLAC holdings” different data for the deductions of the TLAC instruments under the draft or final national rules (column D) and the Basel framework (column E. [...] What is the applicable RSF for a plain vanilla reverse repo on a Level 1 asset? Is it 100% as we have to look at the long-term claim which is on the balance sheet or 5% for the collateral held unencumbered? In the first case, is there any liquidity value considered in the NSFR for the Level 1 asset? Answer: For the purpose of the Basel III monitoring exercise, a reverse repo of any asset for longe. [...] For example, if the bank has decided to apply for an IMA in the far future (beyond 2023) for a certain trading desk, the response should be 'No', and if the bank is still in the process of considering whether or when to apply the IMA approval for certain trading desks, the response should be 'Unknown'. [...] In addition to the flags in cells C22/D22, banks in EU member countries using the SA-CCR under any of the frameworks are encouraged to indicate in cell E22 as a supplemental information whether the approach used coincides with the SA-CCR as set out in the Basel Framework (CRE52) or if a national version deviating from the Basel standard, eg the simplified SA-CCR, is used.