Featured Product

    MFSA Updates Reporting Guides and FINREP and COREP Templates for Banks

    January 29, 2020

    MFSA updated multiple templates as part of the common reporting (COREP) and financial reporting (FINREP) frameworks, in line with the implementing technical standards (Regulation 680/2014) on supervisory reporting that are covered under the Capital Requirements Regulation or CRR (EU Regulation 575/2013). The updated templates are under the EBA framework version 2.9. MFSA also updated the lists of currencies and country codes, along with the EBA validation rules. The guidelines for credit institutions and branches to upload and review supervisory reporting data through LH Portal have also been updated.

    Credit institutions are required to submit COREP and FINREP data on both individual and consolidated basis, where applicable. For credit institutions, the updated templates under COREP are related to own funds and own funds requirements (immovable property losses), leverage, large exposures and concentration risk, and liquidity template modules (including LCR DA, NSFR, and AMM for additional liquidity monitoring metrics). For foreign branches, the COREP template for immovable property losses (module OF) under the own funds requirements has been updated. The updated FINREP templates include those on non-performing loans (NPLs) and forbearance for both credit institutions and foreign branches. Submission of data by credit institutions to MFSA shall be in line with the reporting dates available in the remittance timetable.

     

    Related Links

    Keywords: Europe, Malta, Banking, COREP, FINREP, LH Portal, Validation Rules, Reporting, MFSA

    Featured Experts
    Related Articles
    News

    BIS Examines Use of Big Data and Machine Learning at Central Banks

    BIS published a paper that provides an overview on the use of big data and machine learning in the central bank community.

    March 04, 2021 WebPage Regulatory News
    News

    APRA Finalizes Reporting Standard for Operational Risk Requirements

    APRA finalized the reporting standard ARS 115.0 on capital adequacy with respect to the standardized measurement approach to operational risk for authorized deposit-taking institutions in Australia.

    March 03, 2021 WebPage Regulatory News
    News

    ECB Publishes Guide for Determining Penalties for Regulatory Breaches

    ECB published a guide that outlines the principles and methods for calculating the penalties for regulatory breaches of prudential requirements by banks.

    March 02, 2021 WebPage Regulatory News
    News

    MAS Sets Out Good Practices to Manage Operational Risks Amid COVID

    MAS and The Association of Banks in Singapore (ABS) jointly issued a paper that sets out good practices for the management of operational and other risks stemming from new work arrangements adopted by financial institutions amid the COVID-19 pandemic.

    March 02, 2021 WebPage Regulatory News
    News

    ACPR Announces New Data Collection Application for Banks and Insurers

    ACPR announced that a new data collection application, called DLPP (Datalake for Prudential), for collecting banking and insurance prudential data will go into production on April 12, 2021.

    March 02, 2021 WebPage Regulatory News
    News

    BCB Maintains CCyB at 0%, Initiates First Cycle of Regulatory Sandbox

    BCB announced that the Financial Stability Committee decided to maintain the countercyclical capital buffer (CCyB) for Brazil at 0%, at least until the end of 2021.

    March 02, 2021 WebPage Regulatory News
    News

    EIOPA Launches Study on Non-Life Underwriting Risk in Internal Models

    EIOPA has launched a European-wide comparative study on non-life underwriting risk in internal models, also kicking-off of the data collection phase.

    March 01, 2021 WebPage Regulatory News
    News

    SRB Publishes Overview of Resolution Tools Available in Banking Union

    SRB published an overview of the resolution tools available in the Banking Union and their impact on a bank’s ability to maintain continuity of access to financial market infrastructure services in resolution.

    March 01, 2021 WebPage Regulatory News
    News

    EBA Consults on Pillar 3 Disclosure Standards for ESG Risks Under CRR

    EBA is consulting on the implementing technical standards for Pillar 3 disclosures on environmental, social, and governance (ESG) risks, as set out in requirements under Article 449a of the Capital Requirements Regulation (CRR).

    March 01, 2021 WebPage Regulatory News
    News

    ESAs Issue Advice on KPIs on Sustainability for Nonfinancial Reporting

    ESAs Issue Advice on KPIs on Sustainability for Nonfinancial Reporting

    March 01, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6655