General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
September 12, 2018

PRA is proposing (in CP19/18) to update certain reporting requirements to reflect relevant proposals made by the EBA in its open consultations on changes to the implementing technical standards on supervisory reporting. The proposed changes are in line with the EBA consultation on Taxonomy 2.9. The consultation closes on December 12, 2018.

The consultation proposes a number of changes to the PRA reporting requirements as a result of the EBA proposals to update the implementing standards on supervisory reporting. The proposals in this consultation paper cover existing PRA reporting templates for ring-fenced banks (RFBs), statement of profit and loss, and forecast capital data (currently known as Capital+). The consultation also contains a proposal to extend the scope of new Financial Reporting (FINREP) templates to firms that are not required to report using FINREP templates under Article 99 of the Capital Requirements Regulation or CRR (EU Regulation 575/2013). This proposed extension consists of the non-performing loan (NPL) and forborne exposure templates contained in the EBA consultations. The proposed changes will enhance PRA reporting and maintain consistency with the EBA reporting requirements.

This consultation paper CP19/18 is relevant to UK banks and building societies. It is not relevant to PRA-designated UK investment firms, to UK branches of firms in other European Economic Area (EEA) countries and non-EEA countries, or to insurance firms. The consultation paper should be read with the open EBA consultations on changes to the implementing standards on supervisory reporting as well as the Regulatory Reporting Part of the PRA Rulebook and the Supervisory Statement SS34/15. Any modifications to the proposals made by EBA, following its consultation process, will be considered; where the amendments do not differ substantively from the proposals made in this consultation paper, these changes will be implemented by PRA in the form contained in the finalized implementing technical standards.

 

Related Links

Keywords: Europe, UK, Banking, Reporting, Taxonomy, CP19/18, EBA, PRA

Related Articles
News

ECB Updates Validation Checks and List of Identifiers Under AnaCredit

ECB updated the AnaCredit validation checks (Version 1.4) and the list of national identifiers (version 2.4) for AnaCredit reporting.

March 21, 2019 WebPage Regulatory News
News

BCBS Publishes Results of the Basel III Monitoring Exercise

BCBS published results of the Basel III monitoring exercise based on data as of June 30, 2018.

March 20, 2019 WebPage Regulatory News
News

EBA, FCA, and PRA Agree on MoU Template for Supervisory Cooperation

EBA, FCA, and PRA announced that they have agreed on a template for the Memorandum of Understanding (MoU) that sets out the expectations for supervisory cooperation and information-sharing arrangements between UK and EU/European Economic Area national authorities.

March 20, 2019 WebPage Regulatory News
News

HKMA Publishes CoP on Loss-Absorbing Capacity Requirements of Banks

HKMA issued, in relation to the Financial Institutions Resolution (Loss-Absorbing Capacity Requirements—Banking Sector) Rules (LAC Rules) a chapter of a code of practice (LAC CoP) under section 196 of the Financial Institutions Resolution Ordinance (FIRO).

March 20, 2019 WebPage Regulatory News
News

EBA Publishes Reports Monitoring the Implementation of Basel III in EU

EBA published two reports measuring the impact of implementing the final Basel III reforms and monitoring the implementation of liquidity measures in EU.

March 20, 2019 WebPage Regulatory News
News

BCBS Publishes Results of Survey on Proportionality in Bank Regulation

BCBS published a report presenting the results of a survey conducted on proportionality practices in bank regulation and supervision.

March 19, 2019 WebPage Regulatory News
News

US Agencies Adopt Interim Rule to Facilitate Transfers of Legacy Swaps

US Agencies (FCA, FDIC, FED, FHFA, and OCC) are adopting and inviting comments on an interim final rule.

March 19, 2019 WebPage Regulatory News
News

HKMA Expects Banks to Manage Risks Related to Crypto-Asset Exposures

HKMA issued a statement announcing that it expects authorized institutions to take note of the BCBS statement on crypto-assets and its prudential expectations.

March 18, 2019 WebPage Regulatory News
News

SNB Issues Form on Solvency Risk of Counterparties in Interbank Sector

SNB released form (Version 5.00) and related documentation for reporting solvency risk of counterparties in the interbank sector.

March 18, 2019 WebPage Regulatory News
News

EIOPA Requests Data on LTG Measures from Insurers Under Solvency II

EIOPA has requested the European Economic Area insurance undertakings, which are subject to Solvency II, to provide information on the long-term guarantee (LTG) measures.

March 18, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2769