According to general remarks in sections 2.1, 3.1, 4.1, 5.1 and 6.1 of Annex II of Commission Implementing Regulation (EU) 2022/2454 of 14 December 2022 and to avoid window dressing behaviors : “Intra-group transactions shall be reported in this template that were either: (a) in force at the start of the reporting period; (b) initiated during the reporting period and outstanding at the reporting date; or (c) initiated and expired/matured during the reporting period”. The reporting is therefore not limited to transactions that are terminated at the end of the reference period but shall encompass any transaction that was in force even at a single point of time during the reporting period.

For assessing significance and in accordance with section 1.1. of Annex II of Commission Implementing Regulation (EU) 2022/2454 of 14 December 2022, stating that “where two or more transactions are part of a single economic operation, the value reported shall be the maximum cumulative exposure at any point in time during a given reporting period”, financial conglomerate are expected to generally identify significant intragroup transactions on the basis of the maximum amount of exposure observed during the period.