MFSA updated multiple templates as part of the common reporting (COREP) and financial reporting (FINREP) frameworks established, under the Capital Requirements Regulation or CRR (EU Regulation No 575/2013) and the implementing technical standard No 680/2014 on supervisory reporting. MFSA also updated instructions for certain templates that were revised under the COREP and FINREP framework. Credit institutions are required to submit COREP and FINREP data on both individual and consolidated basis, where applicable.
The updated templates under COREP are related to own funds and own funds requirements, including immovable property losses; leverage; large exposures and concentration risk; and liquidity templates such as liquidity coverage ratio (LCR DA), net stable funding ratio (NSFR), and additional liquidity monitoring metrics (ALMM). The updated FINREP templates include those on non-performing loan (NPL) and forbearance and asset encumbrance. Also revised were the individual and consolidated funding plan templates and the document on list of currencies and country codes. Submission of data by credit institutions to MFSA shall be in line with the reporting dates available in the remittance timetable.
Keywords: Europe, Malta, Banking, COREP, FINREP, Reporting, CRR, MFSA
Previous ArticleAPRA Releases Paper to Assist Banks to Meet Obligations Under BEAR
Next ArticleSRB Chair Speaks About Work Priorities for 2019
BCBS is consulting on the principles for operational resilience and the revisions to the principles for sound management of operational risk for banks.
The Financial Stability Institute (FSI) of BIS published a brief note that examines the supervisory challenges associated with certain temporary regulatory relief measures introduced by BCBS and prudential authorities in response to the COVID-19 pandemic.
HKMA, together with the Banking Sector Small and Medium-Size Enterprise (SME) Lending Coordination Mechanism, announced a ninety-day repayment deferment for trade facilities under the Pre-approved Principal Payment Holiday Scheme.
The Advisory Scientific Committee of ESRB published a response, in the form of an Insights Paper, to the EBA proposals for reforms to the stress testing framework in EU.
MAS announced several initiatives to support adoption of the Singapore Overnight Rate Average (SORA), which is administered by MAS.
BoE updated the reporting template for Form ER as well as the Form ER definitions, which contain guidance on the methodology to be used in calculating annualized interest rates.
PRA published the policy statement PS19/20 on the final policy for extending coverage under the Financial Services Compensation Scheme (FSCS) for Temporary High Balance.
EBA published the final draft implementing technical standards for disclosures and reporting on the minimum requirements for own funds and eligible liabilities (MREL) and the total loss-absorbing capacity (TLAC) requirements in EU.
EBA published an erratum for the phase 2 of technical package on the reporting framework 2.10.
EC published the Implementing Regulation 2020/1145, which lays down technical information for calculation of technical provisions and basic own funds.