DNB released information that the initial market values (IMV) benchmarking report is available on Digital Reporting Portal (Digitaal Loket Rapportages – DLR). The reporting deadline is October 05, 2018. In June 2018, EBA had published the updated implementing technical standards, which amend the Commission Implementing Regulation (EU) 2016/2070 on the benchmarking of internal models.
Currently, banks submit their reports using the e-Line DNB reporting portal. DNB will gradually phase out this portal and replace it with a new DLR system. The new system will be phased in for the different types of reports. The Capital Requirements Directive (CRD) IV reports will be the first to be submitted (in XBRL format) through the DLR, while submission of other types of reports will continue to be requested through e-Line DNB.
Keywords: Europe, Netherlands, Banking, Reporting, IMV Benchmarking Report, Digital Reporting Portal, e-line Reporting Portal, DNB
Next ArticleUS Agencies Propose Rule on the Treatment of HVCRE
EBA published phase 2 of the technical package on the reporting framework 2.10, providing the technical tools and specifications for implementation of EBA reporting requirements.
FASB issued a proposed Accounting Standards Update that would grant insurance companies, adversely affected by the COVID-19 pandemic, an additional year to implement the Accounting Standards Update No. 2018-12 on targeted improvements to accounting for long-duration insurance contracts, or LDTI (Topic 944).
APRA updated the regulatory approach for loans subject to repayment deferrals amid the COVID-19 crisis.
BCBS and FSB published a report on supervisory issues associated with benchmark transition.
IAIS published a report on supervisory issues associated with benchmark transition from an insurance perspective.
ESMA updated the reporting manual on the European Single Electronic Format (ESEF).
EBA published a statement on resolution planning in light of the COVID-19 pandemic.
BCBS Finalizes Revisions to Credit Valuation Adjustment Risk Framework
ECB published a guideline (2020/97), in the Official Journal of European Union, on the definition of materiality threshold for credit obligations past due for less significant institutions.
FED temporarily revised the capital assessments and stress testing reports (FR Y-14A/Q/M) to implement the changes in response to the COVID-19 pandemic.