DNB decided to leave the countercyclical capital buffer (CCyB) rate at 0%, with the trend of subdued credit growth being the key consideration underlying this decision. However, DNB announced that it intends to build a CCyB of 2% in the foreseeable future. DNB also 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 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 informed concerned banks that the reporting obligation with regard to Article 23 LCR DR has been made available in Digital Reporting Portal or DLR.
- DNB announced that the COVID-19 quarterly reporting obligation (moratoria templates) for submission in XBRL has been made available in DLR as of October 01, 2020. The reporting deadline for this obligation coincides with the timeline for the Capital Requirements Directive (CRD) IV reports.
- DNB released a new version of frequently asked questions (FAQs) prepared by ECB on the COVID-19 data request.
- As per the information provided in the additional data requests table, DNB will circulate, to banks, the Excel template for the 2021 EBA supervisory benchmarking exercise for market risk at the beginning of December 2020.
- News Release on CCyB
- Notification on LCR DR
- Notification on COVID-19 Reporting Requirements
- Notification on FAQs on COVID-19 Data
- Update on Additional Data Requests
Keywords: Europe, Netherlands, Banking, Reporting, Digital Reporting Portal, COVID-19, FAQ, CCyB, Basel, CRD IV, LCR, Supervisory Benchmarking, SBP, DNB
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