ECB published guidance notes to reporting agents on statistics on holdings of securities, or SHS, regulation (EU Regulation No 1011/2012). The document focuses on the SHSG data reporting—that is, the reporting concerning the statistics on holdings of securities by reporting banking groups. It provides guidance and detailed information on the amended SHSG data reporting requirements.
The document contains information on the scope of the SHSG data collection, covers specifications with regard to the instrument categories covered, summarizes general reporting requirements, and provides a detailed description of the attributes included in the reporting with a breakdown by attribute type. In addition to the existing requirements, it covers forthcoming requirements that will start to apply to the reporting of data related to the reference period at the end of September 2018.
The detailed implementation of the data collection from reporting agents to national central banks—that is, further material such as templates, code lists, and other technical specifications regarding the primary reporting— is organized at national level under the responsibility of the relevant national central bank. This document explains the underlying methodology of the reporting requirements and provides guidance on the preferred approach that may be taken, in cases where the respective ECB legal act leaves scope for different interpretations. The document aims to provide guidance by clarifying and providing examples related to the requirements and definitions previously laid down in the SHS regulation. It is not a legally binding document, unlike the SHS Regulation, which is the sole legally binding act.
Related Link: Guidance Notes (PDF)
Keywords: Europe, EU, Banking, Reporting, SHS Regulation, Statistics, SHSG, ECB
Previous ArticleEP Publishes Briefing on Third Country Equivalence in EU Regulations
PRA published the policy statement PS8/21, which contains the final supervisory statement SS3/21 on the PRA approach to supervision of the new and growing non-systemic banks in UK.
EBA published a report that sets out the final draft regulatory technical standards specifying the conditions according to which consolidation shall be carried out in line with Article 18 of the Capital Requirements Regulation (CRR).
EBA updated the list of other systemically important institutions (O-SIIs) in EU.
BCBS published two reports that discuss transmission channels of climate-related risks to the banking system and the measurement methodologies of climate-related financial risks.
UK Authorities (FCA and PRA) welcomed the findings of FSB peer review on the implementation of financial sector remuneration reforms in the UK.
PRA and FCA jointly issued a letter that highlights risks associated with the increasing volumes of deposits that are placed with banks and building societies via deposit aggregators and how to mitigate these risks.
MFSA announced that amendments to the Banking Act, Subsidiary Legislation, and Banking Rules will be issued in the coming months, to transpose the Capital Requirements Directive (CRD5) into the national regulatory framework.
EC finalized the Delegated Regulation 2021/598 that supplements the Capital Requirements Regulation (CRR or 575/2013) and lays out the regulatory technical standards for assigning risk-weights to specialized lending exposures.
OSFI launched a consultation to explore ways to enhance the OSFI assurance over capital, leverage, and liquidity returns for banks and insurers, given the increasing complexity arising from the evolving regulatory reporting framework due to IFRS 17 (Insurance Contracts) standard and Basel III reforms.
ECB published results of the benchmarking analysis of the recovery plan cycle for 2019.