General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
August 28, 2018

EBA launched three public consultations on amendments to the implementing technical standards on supervisory reporting for the reporting framework 2.9. The three consultations involve implementing standards on reporting amendments for FINREP, COREP securitization, and COREP liquidity coverage ratio (LCR). EBA will move to a new modular release for the reporting framework 2.9 and is, therefore, also publishing its forward schedule of the modular release to help users in their planning. Consultation on COREP LCR ends on October 26, 2018 while consultations on FINREP and COREP securitization end on November 27, 2018.

The proposed changes to the implementing standards on supervisory reporting, which are part of the EBA reporting framework 2.9, aim to keep reporting requirements in line with the changes in the regulatory framework and with the evolving needs for risk assessments by supervisory authorities. The three consultation papers cover the following areas:

  • COREP—Major revision of securitization templates (simple, transparent and standardized, or STS, regulation)
  • FINREPAmendment of non-performing and forborne exposures reporting, P&L, and IFRS 16
  • COREP-LCRReview based on the upcoming new LCR delegated act

EBA has started preparations for the next reporting framework release (version 2.9). As the amendments to the reporting framework will apply from different reference dates due to different application dates in the underlying regulatory requirements, the modular components of each reporting release have been also published and applied at different points in time to mirror those reference dates. This will have an impact on the release plan of the technical package, which needs to take into account different application dates. In September, EBA will publish draft Data Point Models on the proposed changes to COREP, FINREP, and LCR reporting. The EBA reporting framework is foreseen to apply to submission of data as of December 31, 2019 (packages 2.9.1 and 2.9.4), March 31, 2020 (package 2.9.2), and April/May 2020 (package 2.9.3). 

 

Related Links

Comment Due Date: October 26, 2018 (COREP LCR); November 27, 2018 (FINREP and COREP Securitization)

Keywords: Europe, EU, Banking, Reporting, FINREP, COREP, STS Securitization, LCR, IFRS 16, EBA

Related Articles
News

FASB Issues Minor Improvements to Financial Instruments Standards

FASB issued an Accounting Standards Update (ASU No. 2019-04) that clarifies and improves areas of guidance related to the recently issued standards on credit losses (Topic 326), derivatives and hedging (Topic 815), and recognition and measurement of financial instruments (Topic 825).

April 25, 2019 WebPage Regulatory News
News

APRA Grants License to New Authorized Deposit-Taking Institution

APRA announced that it has granted Judo Bank Pty Ltd a license to operate as an authorized deposit-taking institution without restrictions, under the Banking Act 1959.

April 24, 2019 WebPage Regulatory News
News

BoE Report on Evaluation of Approach to Concurrent Stress Testing

BoE published a report on the evaluation, by the Independent Evaluation Office (IEO), of the effectiveness of the approach of BoE to concurrent stress testing.

April 24, 2019 WebPage Regulatory News
News

FDIC Consults on Approach to Resolution Planning for IDIs

FDIC approved an Advance Notice of Proposed Rulemaking (ANPR) and is seeking comment on ways to tailor and improve its rule requiring certain insured depository institutions (IDIs) to submit resolution plans.

April 22, 2019 WebPage Regulatory News
News

FDIC Specifies Submission Timeline for FFIEC 031, 041, and 051 Reports

FDIC published the financial institution letters (FIL-21-2019 and FIL-22-2019) that offer guidance on submission of Call Reports FFIEC 051, FFIEC 041, and FFIEC 031 for the first quarter of 2019.

April 19, 2019 WebPage Regulatory News
News

US Agencies Propose to Revise Call Reports FFIEC 031, 041, and 051

US Agencies (FDIC, FED, and OCC) proposed to revise and extend, for three years, the Call Reports FFIEC 031, FFIEC 041, and FFIEC 051.

April 19, 2019 WebPage Regulatory News
News

US Agencies Propose to Amend Rule on Supplementary Leverage Ratio

US Agencies (FDIC, FED, and OCC) are proposing to revise the capital requirements for supplementary leverage ratio, as required by the Economic Growth, Regulatory Relief, and Consumer Protection (EGRRCP) Act.

April 18, 2019 WebPage Regulatory News
News

EIOPA Held InsurTech Roundtable on Use of Cloud Computing by Insurers

EIOPA had, on April 11, 2019, hosted its Fourth InsurTech Roundtable on the use of cloud computing by insurance undertakings.

April 17, 2019 WebPage Regulatory News
News

EP Resolution on Proposal for Sovereign Bond Backed Securities

The European Parliament (EP) published adopted text on the proposal for a regulation of the European Parliament and of the Council on sovereign bond-backed securities (SBBS).

April 16, 2019 WebPage Regulatory News
News

HKMA Decides to Maintain Countercyclical Capital Buffer at 2.5%

HKMA announced that, in accordance with the Banking (Capital) Rules, the countercyclical capital buffer (CCyB) ratio for Hong Kong remains at 2.5%.

April 16, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2957