MFSA Updates Guidelines for Supervisory Reporting Requirements
MFSA published version 1.02 of the guidelines for supervisory reporting requirements. This document provides guidance to credit institutions with respect to the templates in the Implementing Technical Standard No. 680/2014 on supervisory reporting. The guidelines include information related to template number, name of template, reporting frequency, scope of prudential reporting of an entity, and status of the template assigned to show a specific requirement.
Credit institutions are required to report prudential information to MFSA under the Common Reporting (COREP) framework and the Financial Reporting (FINREP) framework established under the Capital Requirements Regulation, or CRR (EU No 575/2013) and the implementing technical standards on supervisory reporting; the reporting is in accordance with the circulars on COREP and FINREP, which MFSA issues from time to time, and is subject to the terms and conditions that may be imposed by MFSA. Credit institutions are required to submit COREP and FINREP data on both a solo and consolidated basis, where applicable.
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Keywords: Europe, Malta, Banking, Guidelines, COREP, Reports Finance, Reporting, CRR, MFSA
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