SNB updated the capital adequacy reporting forms (release 2.9a) under Basel III. The forms cover requirements associated with eligible and required capital, credit risks, market risks, operational risks, and unsettled transactions. The reporting frequency for parent company is quarterly while the frequency for consolidated reporting is semi-annual. The forms for consolidated reporting are valid from June 30, 2019 while the forms for parent company are valid for reporting from March 31, 2019. The forms must be submitted within six weeks of the reporting date.
Related Link: Reporting Forms
Keywords: Europe, Switzerland, Basel III, Reporting, Capital Adequacy, SNB
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FCA and PRA in the UK, FED in the US, and the authorities in Singapore have fined Goldman Sachs for risk management failures in connection with the 1Malaysia Development Berhad (1MDB).
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