DNB Publishes Several Reporting Updates for Banks in October 2020
DNB published several reporting updates, along with an updated the list of additional data requests for banks. The updated and new data requests, which have been highlighted with the words "NEW" or "UPDATE" in red, include semi-recurring as well as ad hoc data requests to banks from DNB and European agencies.
The key reporting updates are as follows:
- DNB notified that Version 1.3 of reporting templates should be used for ECB COVID-19 reporting with reference date September 30, 2020. However, for resubmissions of reference date June 30, 2020, Version 1.2 of the reporting template is to be used. While for resubmissions of reference dates March 31, 2020 and May 30, 2020, version 1.1 of the reporting templates are to be used. In Version 1.3 of the ECB templates, the EBA part has been removed. As of reference date September 30, 2020, this EBA part should only be reported via XBRL (DPM 2:10). The frequency of this EBA template was, and will remain, monthly. The reporting deadline of this EBA template is same as the reporting deadline of the monthly ECB templates submissions.
- DNB notified that ECB has published new templates, along with the updated corresponding instructions, for the 2020 fee factors on the ECB Banking Supervision website. ECB has created two templates regarding the Total Risk Exposure (TRE) and Total Assets (TA). These templates must be submitted by November 11, 2020. The reporting obligation will be available in Digital Reporting Portal or DLR from October 30, 2020. The majority of fee debtors are not required to submit separate templates for the collection of fee factors, as ECB will reuse financial reporting (FINREP) and common reporting (COREP) supervisory data reported via national competent authorities.
- DNB released a new version of frequently asked questions (FAQs) prepared by ECB on the COVID-19 data request.
Related Links
- Notification on ECB Templates for COVID-19 Reporting
- Notification on ECB Templates for Supervisory Fees
- ECB Overview on Fee Factors
- Notification on FAQs on COVID-19 Data
- Overview of Additional Data Requests
Keywords: Europe, Netherlands, Banking, Reporting, Digital Reporting Portal, COVID-19, FAQ, COREP, FINREP, XBRL, ECB, EBA, DNB
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Victor Calanog, Ph.D.
Leading economist; commercial real estate; performance forecasting, econometric infrastructure; data modeling; credit risk modeling; portfolio assessment; custom commercial real estate analysis; thought leader.
Previous Article
ACPR Publishes Draft Versions of CREDITHAB and CREDITIMMO TaxonomiesRelated Articles
EC Regulation Sets Out Standards for Reporting and Disclosure of MREL
EC published the Implementing Regulation 2021/763 that lays down implementing technical standards for supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (MREL).
EBA Report Notes Loan Origination Should Remain in Supervisory Focus
EBA published a report that examines the convergence of prudential supervisory practices in 2020 and offers conclusions of the EBA college monitoring activity.
APRA Decides to Standardize Submission Date for Quarterly Reporting
APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.
ECB Working Group Publishes Recommendations on EURIBOR Fallbacks
The private sector working group of ECB on euro risk-free rates published the recommendations to address events that would trigger fallbacks in the Euro Interbank Offered Rate (EURIBOR)-related contracts, along with the €STR-based EURIBOR fallback rates (rates that could be used if a fallback is triggered).
Bundesbank Publishes Supporting Documentation for Reporting by Banks
Bundesbank published a list of "EntryPoints" that are accepted in its reporting system; the list provides taxonomy version and name of the module against each EntryPoint.
EBA Publishes Phase 1 of Reporting Framework 3.1
EBA published the phase 1 of its reporting framework 3.1, with the technical package covering the new reporting requirements for investment firms (under the implementing technical standards on investment firms reporting).
IOSCO Sees Support for Mandatory Sustainability Reporting
The Sustainable Finance Taskforce of IOSCO held two roundtables, with global stakeholders, on the IOSCO priorities to enhance the reliability, comparability, and consistency of sustainability-related disclosures and to collect views on the practical implementation of a global system architecture for these disclosures.
APRA to Finalize Capital Adequacy Standard Revisions by January 2022
Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA
ESMA Issues Guidelines on Outsourcing to Cloud Service Providers
ESMA published the final guidelines on outsourcing to cloud service providers.
EBA Publishes Data on Deposit Guarantee Schemes
EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.
