MFSA Issues Reporting Updates for Banks Under CRD IV
The Malta Financial Services Authority MFSA updated multiple reporting templates as part of the common reporting (COREP) and financial reporting (FINREP) frameworks, under the Capital Requirements Regulation (CRR) and the implementing technical standards on supervisory reporting (EU Regulation 680/2014). MFSA also updated the guidelines on CRD IV supervisory reporting requirements for credit institutions and foreign branches under the reporting framework 3.0, along with the general guidelines to assist credit institutions and foreign branches in uploading and reviewing reporting data through the LH Portal.
For credit institutions, the updated FINREP requirements address the nonperforming loan and forbearance module while the COREP updates relate to own funds and own funds requirements (including immovable property losses), large exposures and concentration risk, Liquidity Coverage Ratio, and Net stable funding ratio. For foreign branches, the updated FINREP requirements related to the nonperforming loan and forbearance module. Credit institutions are required to report to MFSA the prudential information under the COREP and the FINREP frameworks that established under the EU Capital Requirements Regulation (575/2013) and the corresponding Implementing Technical Standards (680/2014) on Supervisory Reporting, in accordance with the Circulars on COREP and FINREP issued by MFSA from time to time and subject to terms and conditions as may be imposed by MFSA.
Related Link: Updates on Credit Institutions
Keywords: Europe, Malta, Banking, Reporting, FINREP, COREP, LH Portal, Basel, CRR, Implementing Technical Standards, CRD, MFSA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Related Articles
US Agencies Issue Regulatory Updates, FDIC Launches Tech Sprint
The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.
EBA Issues Guide on Bank Resolvability, Consults on Transferability
The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).
MFSA Publishes CRD5 Updates and Supervisory Priorities for 2022
The Malta Financial Services Authority (MFSA) updated the guidelines on supervisory reporting requirements under the reporting framework 3.0.
HKMA Extends Repayment for Trade Facilities, Consults on Crypto-Assets
The Hong Kong Monetary Authority (HKMA) published a circular, along with the reporting form and instructions, for self-assessment, by authorized institutions, of compliance with the Code of Banking Practice 2021.
FCA Registers Securitization Repositories; PRA Issues 2022 Priorities
The Financial Conduct Authority (FCA) decided to register European DataWarehouse Ltd and SecRep Limited as securitization repositories under the UK Securitization Regulation, with effect from January 17, 2022.
EC Regulation Sets Out Methods for Measuring K-Factors Under IFR
The European Commission (EC) published the Delegated Regulation 2022/25, which supplements the Investment Firms Regulation (IFR or Regulation 2019/2033) with respect to the regulatory technical standards specifying the methods for measuring the K-factors referred to in Article 15 of the IFR.
BIS Studies How Platform Models Impact Financial Stability & Inclusion
The Bank of International Settlements (BIS) published a paper that assesses the ways in which platform-based business models can affect financial inclusion, competition, financial stability and consumer protection.
CBE Issues Additional Measures to Ease Disruptions from Pandemic
The Central Bank of Egypt (CBE) published a circular with instructions on emergency liquidity assistance to banks that are unable to meet their liquidity requirements.
ESAs Publish List of Financial Conglomerates for 2021
The European Supervisory Authorities (ESAs) published the list of identified financial conglomerates for 2021.
APRA Licenses Two More Banks, Reduces Committed Liquidity Facility
The Australian Prudential Regulation Authority (APRA) updated the list of authorized deposit-taking institutions, granting license to Barclays Bank PLC and Crédit Agricole Corporate and Investment Bank to operate as foreign authorized deposit-taking institutions under the Banking Act 1959.
