DNB published several reporting updates, along with an updated list of additional data requests for banks. The updated and new data requests, which have been highlighted in red with the words "NEW" or "UPDATE," include semi-recurring as well as ad hoc data requests to banks from DNB and European agencies. The updates include additional data quality checks for the fourth quarter of 2020, for reporting by banks; these checks relate to the reference period December 2020 (run from January 01, 2021). In addition, DNB released a new version of frequently asked questions (FAQs) prepared by ECB on the COVID-19 data request.
- Notification on Additional Data Checks
- Additional Data Quality Checks (XLSX)
- Notification on FAQs on COVID-19 Data
- Overview of Additional Data Requests
Keywords: Europe, Netherlands, Banking, Reporting, COVID-19, FAQ, Data Quality Checks, ECB, DNB
Previous ArticleBundesbank Updates Derivation Rules for Reporting by Banks
BIS Innovation Hub published the work program for 2021, with focus on suptech and regtech, next-generation financial market infrastructure, central bank digital currencies, open finance, green finance, and cyber security.
In an article published by SRB, Mairead McGuinness, the European Commissioner for Financial Services, Financial Stability, and Capital Markets Union, discussed the progress and next steps toward completion of the Banking Union.
EBA finalized the two sets of draft regulatory technical standards on the identification of material risk-takers and on the classes of instruments used for remuneration under the Investment Firms Directive (IFD).
EC published, in the Official Journal of the European Union, a notification that the European Court of Auditors (ECA) has published a special report on resolution planning in the Single Resolution Mechanism.
BoE published a scenario against which it will be stress testing banks in 2021, in addition to setting out the key elements of the 2021 stress test, guidance on the 2021 stress test, and the variable paths for the 2021 stress test.
PRA published a consultation paper (CP3/21) proposes rules regarding the timing of identity verification required for eligibility of depositor protection under the Financial Services Compensation Scheme (FSCS).
FSB published the work program for 2021, which reflects a strategic shift in priorities in the COVID-19 environment.
FCA announced that 50% firms have started using the new data collection platform RegData, which is slated to replace the existing platform known Gabriel.
Bundesbank published Version 5.0 of the derivation rules for completeness check at the form level, with respect to the data quality of the European harmonized reporting system.
FED finalized a rule that updates capital planning requirements to reflect the new framework from 2019 that sorts large banks into categories, with requirements that are tailored to the risks of each category.