CSSF Amends Reporting Template for Residential Real Estate Indicators

By Regulatory News

February 19, 2020

Basel III, Regulatory Reporting: EU

CSSF published Circular 20/737 in relation to the semi-annual reporting of borrower-related residential real estate, or RRE, indicators. The objective of Circular CSSF 20/737 is to modify Circular CSSF 18/703 and to inform about an update to the data collection template. The Annex to Circular CSSF 20/737 presents the changes under a "track changes" format.

Circular CSSF 18/703 introduced a semi-annual reporting of borrower-related residential real estate indicators, including definitions of these indicators and a template to be used for the collection of these indicators. The Circular CSSF 20/737 modifies the data collection template, which can be found on the CSSF website. The circular specifies that CSSF will collect the residential real estate data semi-annually, in the months of April and October each year. The reference date for the data collection will be the December 31 and June 30, respectively.

Related Link: Circular CSSF 20/737 (PDF)

Keywords: Europe, Luxembourg, Banking, Residential Real Estate, Reporting, Data Collection, Credit Risk, CSSF

Featured Experts

FSB Chair Sets Out Key Deliverables for G20 Presidency of Saudi Arabia


News APRA Announces Deferral of Capital Reform Implementation APRA announced that it is deferring the scheduled implementation of Basel III reforms in Australia by one year. March 30, 2020 WebPage Regulatory News
News IFRS Publishes Statement on Its Work During the COVID-19 Crisis IFRS, in its statement, emphasized that it shares global concerns about the impact of COVID–19 and is supporting its stakeholders by reconsidering timelines of its meetings and publications, providing information on the application of IFRS 9 on financial instruments, and offering calendar updates on ongoing activities. March 27, 2020 WebPage Regulatory News
News US Agencies Announce Changes to SA-CCR and CECL Rules Due to COVID-19 In light of the recent disruptions in economic conditions due to the COVID-19 outbreak, US Agencies (FDIC, FED, and OCC) announced two actions to allow banking organizations to continue lending to households and businesses. March 27, 2020 WebPage Regulatory News
News IAIS Adjusts Work Program to Address Impact of COVID-19 on Insurers Considering the impact of COVID-19 outbreak, IAIS announced initial adjustments to its work program to provide operational relief to its member supervisors, insurers, and other stakeholders. March 27, 2020 WebPage Regulatory News
News OSFI Announces Regulatory Adjustments to Support COVID-19 Efforts OSFI published three targeted industry letters that announce a series of regulatory adjustments to support the financial and operational resilience of federally regulated banks, insurers, and private pension plans in the light of COVID-19. March 27, 2020 WebPage Regulatory News
News UK Regulators Announce Measures to Address Impact of COVID-19 UK Regulatory Authorities published statements and guidance addressed to financial entities on dealing with the impact of the coronavirus (COVID-19) outbreak. March 26, 2020 WebPage Regulatory News
News ISDA and Industry Request Delay in Timeline for Initial Margin Rules Considering the challenges posed by the COVID-19 pandemic, ISDA submitted a letter on behalf of 21 industry associations and their members requesting BCBS, IOSCO, and global regulators to suspend the current timeline for the initial margin phase-in. March 26, 2020 WebPage Regulatory News
News FCA, FRC, and PRA Issue Joint Statement to Address Impact of COVID-19 In response to the COVID-19 outbreak, FCA, the Financial Reporting Council (FRC), and PRA have announced a series of actions and made statements to support the continued functioning of capital markets in the UK. March 26, 2020 WebPage Regulatory News
News EC Rule Corrects Regulation Supplementing Solvency II Directive EC published the EU Delegated Regulation 2020/442, which corrects the EU Delegated Regulation 2015/35 that supplements Solvency II Directive (2009/138/EC). March 26, 2020 WebPage Regulatory News
News FED and FFIEC Offer Reporting Relief to Institutions Due to COVID-19 FED and FFIEC announced regulatory reporting relief to financial institutions due to disruptions caused by the COVID-19. March 26, 2020 WebPage Regulatory News

RESULTS 1 - 10 OF 4900