DNB Releases Multiple Reporting Updates for Banks
DNB updated a document titled "Required templates and filing indicators," which outlines reporting obligations for certain templates under the Capital Requirements Directive and Regulation. In the document, cells containing changes are marked with yellow, while specific changes are highlighted in red. DNB also issued a statement informing entities about the first reference dates of the COREP modules under the relevant framework of Data Point Model (DPM) 2.9. DNB also notified that, as of April 03, 2020, the Financial Market Infrastructure (FMI), Critical Functions Report (CFR), and Commission Implementing Regulation reporting obligations are available in Digital Reporting Portal or DLR. The reporting deadline is April 17, 2020. Additionally, DNB published its banking newsletter that contains an updated calendar for data requests from banks.
The changes in the new version of "Required templates and filing indicators" cover the following modules:
- FINREP (new templates of non performing loan, or NPL)
- COREP OF (new templates on securitization)
- LCR DA (new template on perimeter), ALMM, NSFR (clarification of scope of reporting obligations)
- SBP (split of the module)
First reference dates of the COREP modules is as follows:
- The modules COREP OF, COREP LR, and COREP LE will start from reference period March 2020.
- The modules COREP LCR DA and COREP ALMM (for monthly reporters) will start from reference period April 2020.
- The modules COREP NSFR and COREP ALMM (for quarterly reporters) will start from reference period June 2020.
Related Links
- Press Release on “Required Templates and Filing Indicators”
- Required Templates and Filing Indicators (XLSX)
- Press Release on COREP Modules
- Press Release on FMI, CFR, and CIR Reporting Obligations
- Banking Newsletter (in Dutch)
- Banking Calendar (PDF)
Keywords: Europe, Netherlands, Banking, Reporting, COREP, FINREP, LCR, NSFR, DLR, QIS Calendar, Newsletter, Securitization, NPL, DPM, DNB
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
DNB Calls on Firms to Participate in EBA Data Request Under IFRNext Article
ECB Updates Documentation on SHS Reporting by BanksRelated Articles
BCBS Proposes to Amend Rules on Minimum Haircut Floors for SFTs
BCBS is consulting on two technical amendments to the rules on minimum haircut floors for securities financing transactions, or SFTs.
BIS Launches Euro Green Bond Fund for Central Banks
BIS launched a EUR-denominated, open-ended fund for green bond investments by central banks and official institutions, following the launch of the first BIS green bond fund denominated in USD in September 2019.
EBA Announces Stress Test Timeline; ECB Sets Up Climate Change Center
EBA announced that it will launch the 2021 EU-wide stress test exercise, with the publication of the macroeconomic scenarios on January 29, 2021.
BoE Discontinues Form CX on Capital Expenditure and Finance Leasing
BoE announced that the reporting entities are no longer required to report Form CX after the fourth quarter of 2020 reference period, with the last collection on January 29, 2021.
ECB President Answers Queries on Application of EU Taxonomy
ECB published a letter in which the President Christine Lagarde answered questions, from a Member of the European Parliament, on the application of the EU taxonomy on sustainable finance.
PRA Issues Direction on Capital Buffers, Finalizes PS1/21 on SM&CR
PRA published a direction for modification by consent of 5.1 to 5.3 and 5.5 of the Capital Buffers Part of the PRA Rulebook.
BIS Innovation Hub Sets Out Work Program for 2021
BIS Innovation Hub published the work program for 2021, with focus on suptech and regtech, next-generation financial market infrastructure, central bank digital currencies, open finance, green finance, and cyber security.
EC Plans to Consult on Crisis Management and EDIS Framework Revisions
In an article published by SRB, Mairead McGuinness, the European Commissioner for Financial Services, Financial Stability, and Capital Markets Union, discussed the progress and next steps toward completion of the Banking Union.
EBA Finalizes Remuneration Standards for Investment Firms in EU
EBA finalized the two sets of draft regulatory technical standards on the identification of material risk-takers and on the classes of instruments used for remuneration under the Investment Firms Directive (IFD).
ECA Recommends Actions to Enhance Resolution Planning for Banks
EC published, in the Official Journal of the European Union, a notification that the European Court of Auditors (ECA) has published a special report on resolution planning in the Single Resolution Mechanism.
