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.
- Press Release
- Consultation Paper (PDF)
- Annex 1 on Instructions (PDF)
- Templates with Tracked Changes (XLSX)
- Templates on Funding Plans (XLSX)
Comment Due Date: June 05, 2019
Keywords: Europe, EU, Banking, Reporting, FINREP, Harmonization, Single Rulebook, Funding Plans, EBA
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