Commission Implementing Regulation (EU) No 680/2014Dangos y teitl llawn

[F1 28. DEFINED BENEFIT PLANS AND EMPLOYEE BENEFITS (44) U.K.

306. These templates shall include accumulated information of all defined benefit plans of the institution. Where there is more than one defined benefit plan, aggregated amount of all plans shall be reported. U.K.

28.1. Components of net defined benefit plan assets and liabilities (44.1) U.K.

307. The template on components of net defined benefit plan assets and liabilities shall show the reconciliation of the accumulated present value of all net defined benefit liabilities (assets) as well as reimbursement rights (IAS 19.140 (a), (b)). U.K.

308. ‘ Net defined benefit assets ’ shall include, in the event of a surplus, the surplus amounts that shall be recognised in the balance sheet as they are not affected by the limits set up in IAS 19.63. The amount of this item and the amount recognised in the memo item ‘ Fair value of any right to reimbursement recognized as asset ’ shall be included in the item ‘ Other assets ’ of the balance sheet. U.K.

28.2. Movements in defined benefit obligations (44.2) U.K.

309. The template on movements in defined benefit obligations shall show the reconciliation of opening and closing balances of the accumulated present value of all defined benefit obligations of the institution. The effects of the different elements listed in IAS 19.141 during the period shall be presented separately. U.K.

310. The amount of ‘ Closing balance (present value) ’ in the template for movements in defined benefit obligations shall be equal to ‘ Present value defined benefit obligations ’ . U.K.

28.3. Staff expenses by type of benefits (44.3) U.K.

311. For reporting of staff expenses by type of benefits, the following definitions shall be used: U.K.

(a)

‘ Pension and similar expenses ’ shall include the amount recognised in the period as staff expenses for any post-employment benefit obligations (both defined contribution plans and defined benefit plans), including post-employment-related contributions to social security funds (pension funds) maintained by the government or social security entities;

(b)

‘ Share based payments ’ shall include the amount recognised in the reference period as staff expenses for share based payments;

(c)

‘ Wages and salaries ’ shall include the remuneration of the institution’s employees for their labour or services, but shall exclude severance payments and remuneration in the form of share-based items which shall be reported in separate items;

(d)

‘ Social security contributions ’ shall include contributions to social security funds, amounts paid to the government or to social security entities in order to receive a future social benefit, but shall exclude post-employment-related contributions to social security funds in terms of pensions (contributions to pension funds);

(e)

‘ Severance payments ’ shall mean payments relating to the early termination of a contract and shall include termination benefits as defined in IAS 19.8;

(f)

‘ Other types of staff expenses ’ shall include staff expenses that cannot be allocated to any of the categories above.

28.4. Staff expenses by category of remuneration and category of staff (44.4) U.K.

311i. For reporting of staff expenses by category of remuneration and category of staff, the following definitions shall be used: U.K.

(a)

‘ Fixed remuneration ’ , ‘ variable remuneration ’ , ‘ identified staff ’ and ‘ management body in its management function ’ shall have the same meaning as in the EBA Guidelines ‘ on sound remuneration policies under Articles 74(3) and 75(2) of Directive 2013/36/EU and disclosures under Article 450 of Regulation (EU) No 575/2013 ’ (EBA/GL/2015/22);

(b)

‘ Management body ’ , ‘ management body in its supervisory function ’ and ‘ senior management ’ shall comprise staff as defined in points (7), (8) and (9) of Article 3(1) CRD.

311ii. ‘ Number of staff ’ shall include, as of the reporting reference date, the number of staff, expressed in full time equivalents (FTEs), plus the number of members in the management body expressed in terms of headcount for prudential (CRR) scope of consolidation. Of those, the number of identified staff, and the number of representatives in the management body in its management function and in senior management, as well as the number of representatives in the management body in its supervisory function shall be reported separately.] U.K.

Textual Amendments

F1 Substituted by Commission Implementing Regulation (EU) 2020/429 of 14 February 2020 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance).