Featured Product

    EBA Consults on Guideline to Harmonize Templates on Bank Funding Plans

    March 05, 2019

    EBA issued a consultation on the updated guideline on harmonized definitions and templates for the reporting of funding plans of banks. This update is the result of the experience gained through the EBA assessment of funding plans of banks in 2017 and 2018 as well as the concerns raised via the EBA Single Rulebook Q&A tool. The consultation ends on June 05, 2019.

    The majority of the proposed changes aim to align the definitions and breakdowns used in the guidelines with those used in FINREP to facilitate the implementation and reduce reporting burden. This alignment will also increase the comparability and facilitate better and more automatic validations of the data provided. Consequently, the data production process for credit institutions will be made easier and will ultimately deliver better data quality. Certain other proposed changes aim to improve the assessment of funding plans of banks, along with the relevance of the data provided for such assessments. This is the case for the additional breakdown of total long-term unsecured debt securities and the new template on forecast of the statement of profit or loss. The proposed templates are included in Annex 2 to the consultation paper.

     

    Related Links

    Comment Due Date: June 05, 2019

    Keywords: Europe, EU, Banking, Reporting, FINREP, Harmonization, Single Rulebook, Funding Plans, EBA

     

     

    Featured Experts
    Related Articles
    News

    FSB Sets Out Effective Practices for Cyber Incident Recovery

    FSB finalized the toolkit of effective practices to assist financial institutions in their cyber incident response and recovery activities.

    October 19, 2020 WebPage Regulatory News
    News

    HKMA Urges Early Action for Adherence to IBOR Fallbacks Protocol

    HKMA urged authorized institutions to take early action to adhere to the IBOR Fallbacks Protocol, which ISDA is expected to publish soon.

    October 16, 2020 WebPage Regulatory News
    News

    FSB Sets Out Roadmap for Transition to Alternative Reference Rates

    FSB published a global transition roadmap for London Inter-bank Offered Rate (LIBOR).

    October 16, 2020 WebPage Regulatory News
    News

    HM Treasury Publishes Response to Proposal on BRRD2 Transposition

    HM Treasury published a document that summarizes the responses received from a consultation on the approach of UK to transposition of the revised Bank Resolution and Recovery Directive (BRRD2).

    October 15, 2020 WebPage Regulatory News
    News

    HM Treasury Publishes Response to Proposal on CRD5 Transposition

    HM Treasury published the government response to the feedback received on the consultation for updating the prudential regime of UK before the end of the Brexit transition period.

    October 15, 2020 WebPage Regulatory News
    News

    BoE Publishes Reporting Schedule for Statistical Returns

    In a recent statistical notice, BoE announced publication of the reporting schedule for statistical returns for 2021.

    October 15, 2020 WebPage Regulatory News
    News

    EC Welcomes Declaration by Member States on EU Cloud Federation

    EC welcomed the joint declaration by 25 EU member states on building the next generation of cloud in Europe.

    October 15, 2020 WebPage Regulatory News
    News

    PRA Updates Supervisory Statement on Counterparty Credit Risk

    PRA published the final policy statement PS22/20, which contains the updated supervisory statement SS12/13 on counterparty credit risk.

    October 14, 2020 WebPage Regulatory News
    News

    FSB Publishes Update on Work to Address Market Fragmentation

    FSB published an update on its work to address market fragmentation. FSB is working in this area in collaboration with the other standard-setting bodies.

    October 14, 2020 WebPage Regulatory News
    News

    EBA Proposes to Revise Guidelines on Incident Reporting Under PSD2

    EBA proposed revisions to the guidelines on major incident reporting under the second Payment Service Directive (PSD2).

    October 14, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 5967