ECB published guidelines on statistical information to be reported on consolidated banking data (ECB/2021/14) and securities issues (ECB/2021/15). These guidelines specify the statistical information to be reported to ECB, the treatment of that information, the frequency and timing of reporting, and the standards to be applied to reporting. Annexes I and II of the guideline ECB/2021/14 set out the templates for reporting information. The guidelines shall take effect on the day of their notification to the national central banks of the member states whose currency is the euro. The national central banks and ECB shall comply with these guidelines from February 01, 2022.
ECB/2021/14 highlights that national central banks shall report the statistical information on consolidated banking data on a quarterly basis and in accordance with the following timetable:
- A full dataset shall be reported for end-of-year statistical information by mid-May of the year following the year to which the information relates, using the annual template set out in Annex I to the guideline
- The end of March, end of June, and end of September statistical information shall be reported in early July, October, and January, respectively, using the quarterly template set out in Annex II to the guideline.
By the end of September each year, ECB shall communicate the exact transmission dates to national central banks in the form of a reporting calendar for the following year. First reporting for quarterly statistical information shall begin with statistical information for the first quarter of 2022. First reporting for annual statistical information shall begin with statistical information for 2021. National central banks may revise the latest and previous quarter’s statistical information before the next reporting deadline, during regular reporting.
ECB/2021/15 highlights that national central banks shall report to ECB statistical information on all securities issues, in any currency, by residents of member states whose currency is the euro, in accordance with the Annex of the guideline. National central banks shall report to ECB the statistical information on a monthly basis and no later than five weeks after the end of the month to which the statistical information relates. ECB shall communicate the exact reporting dates to national central banks in the form of a reporting calendar. Where a member state whose currency is not the euro adopts the euro following the entry into force of this guideline, national central bank of that member state shall report five years of statistical information referred to in the Annex, including the latest reference year, on a best efforts basis to ECB. National central banks may revise the statistical information during the regular reporting.
- Guideline on Reporting on Consolidated Banking Data (PDF)
- Guideline on Reporting on Securities Issues (PDF)
Keywords: Europe, EU, Banking, Securities, Reporting, Statistical Data, Reporting Timelines, ECB
Previous ArticleDNB Issues Several Reporting Updates for Banks in April 2021
The Board of Governors of the Federal Reserve System (FED) adopted the final rule on Adjustable Interest Rate (LIBOR) Act.
The European Central Bank (ECB) published an updated list of supervised entities, a report on the supervision of less significant institutions (LSIs), a statement on macro-prudential policy.
The Hong Kong Monetary Authority (HKMA) published a circular on the prudential treatment of crypto-asset exposures, an update on the status of transition to new interest rate benchmarks.
The European Commission (EC) adopted the standards addressing supervisory reporting of risk concentrations and intra-group transactions, benchmarking of internal approaches, and authorization of credit institutions.
The China Banking and Insurance Regulatory Commission (CBIRC) issued rules to manage the risk of off-balance sheet business of commercial banks and rules on corporate governance of financial institutions.
The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.
The European Banking Authority (EBA) published regulatory standards on identification of a group of connected clients (GCC) as well as updated the lists of identified financial conglomerates.
The General Board of the European Systemic Risk Board (ESRB), at its December meeting, issued an updated risk assessment via the quarterly risk dashboard and held discussions on key policy priorities to address the systemic risks in the European Union.
The Financial Conduct Authority (FCA) is seeking comments, until December 21, 2022, on the draft guidance for firms to support existing mortgage borrowers.
The Financial Stability Board (FSB) published a report that assesses progress on the transition from the Interbank Offered Rates, or IBORs, to overnight risk-free rates as well as a report that assesses global trends in the non-bank financial intermediation (NBFI) sector.