BoE announced that the reporting entities are no longer required to report Form CX after the fourth quarter of 2020 reference period, with the last collection on January 29, 2021. Form CX is used to collect data on capital expenditure and finance leasing. BoE decided to discontinue Form CX following a consultation issued in September 2020. In addition, BoE notified that, following a consultation with the Office for National Statistics, it will also discontinue collection of data on Form FT. Reporting entities are no longer required to report data in Form FT, with immediate effect. Form FT is used to collect data on foreign affiliates controlled by the reporting enterprise group. Forms CX and FT are submitted via Online Statistical Collection Application (OSCA).
Keywords: Europe, UK, Banking, Reporting, Form CX, Form FT, Statistical Reporting, BoE
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The Office of the Superintendent of Financial Institutions (OSFI) published the strategic plan for 2022-2025 and the departmental plan for 2022-23.
The European Banking Authority (EBA) is consulting, until August 31, 2022, on the draft implementing technical standards specifying requirements for the information that sellers of non-performing loans (NPLs) shall provide to prospective buyers.
The European Council and the Parliament reached an agreement on the revised Directive on security of network and information systems (NIS2 Directive).
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying information that crowdfunding service providers shall provide to investors on the calculation of credit scores and prices of crowdfunding offers.
The European Securities and Markets Authority (ESMA) published a paper that examines the systemic risk posed by increasing use of cloud services, along with the potential policy options to mitigate this risk.
The European Commission (EC) published a public consultation on the review of revised payment services directive (PSD2) and open finance.
The European Commission (EC) has issued two letters mandating the European Supervisory Authorities (ESAs) to jointly propose amendments to the regulatory technical standards under Sustainable Finance Disclosure Regulation or SFDR.
The European Banking Authority (EBA) published its annual report on convergence of supervisory practices for 2021. Additionally, following a request from the European Commission (EC),
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