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    FIN-FSA Issues Schedule for Reporting Supervisory Benchmarking Data

    January 17, 2019

    FIN-FSA released the schedule for reporting supervisory benchmarking (SBP) data in 2019. SBP reporting concerns credit institutions applying internal approaches in the calculation of own funds requirements. The reporting framework is described for each reporting institution category in the financial sector reporting map.

    Data for the purpose of comparison of internal approaches for the calculation of own funds requirements is to be submitted as follows:

    • SBP Market Risk templates (C_107.01–C_110.03) for the reference date January 31, 2019 are to be sent to FIN-FSA by February 28, 2019. 
    • SBP Credit Risk templates (C_101.00–C_105.03) for the reference date December 31, 2018 are to be submitted to FIN-FSA by April 11, 2019. 

    The implementing technical standards on reporting requirements concern credit institutions and apply as of December 31, 2018. The reporting requirements must be fulfilled using the EBA Reporting framework DPM 2.8.1.1 version. The most significant changes in the DPM 2.8.1.1 version are new prudent valuation templates, the start of resolution reporting, and breakdown of the COREP data collection into two modules (COREP OF and COREP LR). Additionally, minor changes have been made to the FINREP templates F 08.02, F 20.01, F 20.02, F 20.03, and F 30.02.

     

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    Keywords: Europe, Finland, Banking, Reporting, Supervisory Benchmarking, Internal Approaches, Own Funds Requirements, SBP, Market Risk, Credit Risk, FIN-FSA

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