MFSA Updates Guidelines on Supervisory Reporting Requirements
MFSA updated the guidelines to the Capital Requirements Directive (CRD IV) supervisory reporting requirements. The document provides guidance to credit institutions with respect to the templates in the implementing technical standards (680/2014) on supervisory reporting. The guidelines include information related to template number, name of template, reporting frequency, scope of prudential reporting of an entity, status of the template assigned to show a specific requirement, and other template-specific requirements.
Credit institutions are required to report prudential information to MFSA under the Common Reporting (COREP) and the Financial Reporting (FINREP) frameworks established under the Capital Requirements Regulation, or CRR (575/2013) and the implementing technical standards on supervisory reporting. The reporting is in accordance with the MFSA-issued circulars on COREP and FINREP and is subject to the terms and conditions imposed by MFSA. Credit institutions are required to submit COREP and FINREP data on both solo and consolidated basis, as applicable.
Related Links
Keywords: Europe, Malta, Banking, Reporting, Guidelines, COREP, FINREP, CRR, CRD IV, MFSA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
Central Bank of Ireland Updates AnaCredit Guidance for Credit UnionsNext Article
IAIS Publishes Newsletter for March 2020Related Articles
PRA Consults on Implementation of Certain Provisions of CRD5
PRA, via the consultation paper CP12/20, proposed changes to its rules, supervisory statements, and statements of policy to implement certain elements of the Capital Requirements Directive (CRD5).
EIOPA Report Identifies Key Financial Stability Risks for Insurers
EIOPA published the financial stability report that provides detailed quantitative and qualitative assessment of the key risks identified for the insurance and occupational pensions sectors in the European Economic Area.
EBA Publishes Risk Dashboard for First Quarter of 2020
EBA published its risk dashboard for the first quarter of 2020 together with the results of the risk assessment questionnaire.
EBA Issues Updates on Stress Test Exercise for Banks in EU
EBA announced that the next stress testing exercise is expected to be launched at the end of January 2021 and its results are to be published at the end of July 2021.
PRA Proposes Guidance Related to Matching Adjustment under Solvency II
PRA published the consultation paper CP11/20 that sets out its expectations and guidance related to auditors’ work on the matching adjustment under Solvency II.
MAS Issues Guidance on Dividend Distributions by Banks
MAS published a statement guidance on dividend distribution by banks.
APRA Updates Guidance on Capital Management for Banks
APRA updated its capital management guidance for banks, particularly easing restrictions around paying dividends as institutions continue to manage the disruption caused by COVID-19 pandemic.
FSB Report Reviews Macro-Prudential Framework and Tools in Germany
FSB published a report that reviews the progress on data collection for macro-prudential analysis and the availability and use of macro-prudential tools in Germany.
EBA Urges Firms to Finalize Preparations for End of Brexit Transition
EBA issued a statement reminding financial institutions that the transition period between EU and UK will expire on December 31, 2020; this will end the possibility for the UK-based financial institutions to offer financial services to EU customers on a cross-border basis via passporting.
SRB on Operational Continuity in Resolution and FMI Contingency Plans
SRB published guidance on operational continuity in resolution and financial market infrastructure (FMI) contingency plans.
