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 126.96.36.199 version. The most significant changes in the DPM 188.8.131.52 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.
Keywords: Europe, Finland, Banking, Reporting, Supervisory Benchmarking, Internal Approaches, Own Funds Requirements, SBP, Market Risk, Credit Risk, FIN-FSA
HKMA announced that enhancements will be made to the Special 100% Loan Guarantee of the SME Financing Guarantee Scheme (SFGS) and the application period will be extended to December 31, 2021.
BoE has set out a three-phased plan to transform data collection from the UK financial sector over the next decade.
BIS recently made a couple of announcements with respect to the planned and ongoing work in the area of financial technology.
ESRB updated the list of national macro-prudential measures applied by each member state in the European Economic Area.
BoE has set out results of a survey on the impact of COVID-19 events on the use of machine learning and data science.
In response to a request from the European Council and Parliament, ECB published an opinion on the proposed regulation on markets in crypto-assets.
APRA announced the updated aggregate amounts for the 2021 Committed Liquidity Facility (CLF) established between the Reserve Bank of Australia (RBA) and certain locally incorporated authorized deposit-taking institutions that are subject to the Liquidity Coverage Ratio (LCR).
ECB published supervisory Memorandums of Understanding (MoUs) with UK as well as other European and non-European authorities.
EIOPA identified business model sustainability and adequate product design as the two EU-wide strategic supervisory priorities.
After considering comments received on the November 2020 proposal, US Agencies (FDIC, FED and OCC) are proceeding with the proposed revisions to the reporting forms and instructions for Call Reports FFIEC 031, FFIEC 041, and FFIEC 051.