ACPR Publishes Update on Reporting for COVID-19 Measures
ACPR issued a notification on the reporting of exposures subject to measures applied in response to the COVID-19 crisis. As per the decree of September 2020, institutions subject to monthly and quarterly information collections must submit the quantitative information defined in Article 2 of the Instruction 2020-I-10 by remote transmission on the OneGate portal, using the XBRL format. This reporting is integrated in phase 2 of the EBA taxonomy version 2.10. For organizations subject to “Finrep_DP” reporting, the reference taxonomy incorporating the data defined in Article 2 of Instruction 2020-I-10 will soon be published by ECB, post which ACPR will issue a communication on this.
In July 2020, ACPR had published Instruction 2020-I-10 on reporting of prudential financial information related to exposures subject to measures applied in response to the COVID-19 crisis. Instruction 2020-I-10 came into effect a day after the day of its publication and discusses reporting requirements for both significant and less significant institutions in France. Article 2 of the Instruction 2020-I-10 states that certain groups and entities must provide the General Secretariat of ACPR with all the prudential information set out in the appendix of EBA guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis (EBA/GL/2020/07).
Related links (in French)
Keywords: Europe, France, Banking, Reporting, COVID-19, FINREP, Framework 2.10, Taxonomy, Phase 2, XBRL, OneGate Portal, ACPR
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