SNB updated the capital adequacy reporting forms (release 2.8) and instructions for Basel III. The reporting frequency for parent company is quarterly while the frequency for consolidated reporting is semi-annual. The forms are valid for reporting from December 31, 2018. The forms, which are required on a quarterly basis, must be submitted within six weeks of the reporting date.
Data are collected by SNB on behalf of FINMA. Changes made include the following:
- Changes to the key metrics overview (Key Metrics), due to a revision of the presentation requirements
- Corrections to the point concerning own funds, at the level of special provisions for banks that draw up their accounts on the basis of the relevant international requirements
- Clarifications to the comments of the "CRSEC" formula
- Adaptation of the designation of a post of the CVA form
- Adaptation of a consistency review rule in the "OPRLOSSDETAILS" formula
Related Link: Reporting Forms
Keywords: Europe, Switzerland, Basel III, Reporting, Capital Adequacy, SNB
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