November 13, 2018

SNB published reporting forms and instructions for the triennial survey of foreign exchange and derivatives market activity in 2019. The forms cover foreign exchange and derivatives transactions based on the requirements of BIS on amounts outstanding (Form DDBJ Version 1.9) and turnover (Form DDUM Version 1.9). BIS coordinates this survey at the international level. To meet the requirements of BIS, SNB has made various adaptations to the forms. List of international reporting "dealers" (a list for DDUM and another for DDBJ) will also be published on the SNB website in December 2018.

The data collection consists of two successive parts, with the first part, via Form DDUM, focusing on the volume of transactions recorded as of April 2019 on foreign exchange and derivatives markets. The data will have to be transmitted no later than May 31, 2019. In this first part of the survey, banks with contract volumes of open derivative financial instruments exceeding CHF 8 billion in turnover as at December 31, 2017 are required to participate. In the second part (Form DDBJ) of the data collection, banks are required to report the amounts of derivative contracts (notional amount and market value) outstanding as of June 30, 2019 and this data must be submitted no later than September 02, 2019. This part of the survey will be conducted at group level only. Banks whose underlying volume of financial derivative instruments amounted to CHF 30 billion as at December 31, 2017 are required to participate in the second part of the survey. 

 

Related Links

Keywords: Europe, Switzerland, Banking, OTC Derivatives, Statistics, Form DDUM, Form DDBJ, Reporting, BIS, SNB

Related Articles
News

EC Amends Regulation Supplementing Solvency II Directive

EC published the Delegated Regulation (EU) 2019/981 that amends the Regulation (EU) 2015/35, which supplements Solvency II Directive (2009/138/EC) on the taking-up and pursuit of the business of insurance and reinsurance.

June 18, 2019 WebPage Regulatory News
News

IOSCO Report Examines Application of International Cyber Standards

IOSCO published a final report that examines the application of the three internationally recognized cyber standards and frameworks by IOSCO member jurisdictions.

June 18, 2019 WebPage Regulatory News
News

PRA Launches 2019 Stress Test Exercise for Life and General Insurers

PRA has launched the biennial insurance stress test and is asking the largest regulated life and general insurers to provide information about the impact of a range of stress tests on their business.

June 18, 2019 WebPage Regulatory News
News

PRA Finalizes Reporting Amendments to Pillar 2 Liquidity Framework

PRA published the final Policy Statement PS13/19 on regulatory reporting amendments and clarifications to the Pillar 2 liquidity framework for banks in UK.

June 17, 2019 WebPage Regulatory News
News

FSB Assesses Implementation of Compensation Standards and Principles

FSB published the sixth progress report on the implementation of its principles and standards for sound compensation practices in financial institutions.

June 17, 2019 WebPage Regulatory News
News

IMF Publishes Reports on 2019 Article IV Consultation with Ireland

IMF published its staff report and selected issues report under the 2019 Article IV consultation with Ireland.

June 17, 2019 WebPage Regulatory News
News

EBA Updates Data on Deposit Guarantee Schemes in EU

EBA published the 2018 data on two key concepts in the Deposit Guarantee Schemes Directive (DGSD)—namely, available financial means and covered deposits.

June 17, 2019 WebPage Regulatory News
News

SNB Updates Form for Reporting Solvency Risk of Counterparties

SNB published the survey (Form Release 5.01) and related documentation for reporting solvency risk of counterparties in the interbank sector (ARIS).

June 17, 2019 WebPage Regulatory News
News

ISDA Studies Variation in Global Implementation of Margin Requirements

ISDA published a paper that highlights the main areas of difference in the implementation of margin requirements for non-cleared derivatives across jurisdictions and makes recommendations on how to resolve these variations.

June 17, 2019 WebPage Regulatory News
News

US Agencies Finalize Rule to Streamline Reporting for Small Banks

US Agencies (FDIC, FED, and OCC) adopted a final rule to streamline the regulatory reporting requirements for small institutions.

June 17, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3265