SNB published the forms and certain documentation for capital adequacy reporting, along with the documentation for large exposures (LERX Version 1.3) reporting, in accordance with the Capital Adequacy Ordinance. SNB also published Version 1.8 of certain reporting forms (AUR_U, AUR_UEA, AUR_UES, AURH_U, AUR_K, AUR_KEA, and AURH_K), along with the associated documentation, for supervisory reporting on an individual and consolidated basis.
The published capital adequacy reporting forms are to be submitted for the first time on December 31, 2020, for quarterly (PSBR_CA) or semi-annually (CSBR_CA); reporting will be done on an individual (PSBR_CA) and consolidated basis (CSBR_CA). For supervisory reporting, the published reporting forms include AUR_U, AUR_UEA, AUR_UES, AURH_U, AUR_K, AUR_KEA, and AURH_K. The supervisory reporting forms are in accordance with the FINMA Circular 08/14 on supervisory reporting for banks. The supervisory reporting forms have annual reporting frequency and must be submitted within 60 days of the cut-off date. For forms AUR_U, AUR_UES, and AURH_U, reporting institutions include all banks and securities dealers pursuant to Margin Number 4, FINMA Circular 08/14. For forms AUR_K and AURH_K, reporting institutions include financial groups pursuant to Margin Numbers 5 and 6, FINMA Circular 08/14. For forms AUR_UEA and AUR_KEA, reporting institutions include banks and securities dealers, in accordance with the explanation to supervisory reporting.
Keywords: Europe, Switzerland, Banking, Reporting, Basel III, Large Exposures, Credit Risk, Capital Adequacy, Capital Adequacy Ordinance, FINMA, SNB
Previous ArticleBoE Publishes Reporting Update for Form AS and Form FV
The use cases of generative AI in the banking sector are evolving fast, with many institutions adopting the technology to enhance customer service and operational efficiency.
As part of the increasing regulatory focus on operational resilience, cyber risk stress testing is also becoming a crucial aspect of ensuring bank resilience in the face of cyber threats.
A few years down the road from the last global financial crisis, regulators are still issuing rules and monitoring banks to ensure that they comply with the regulations.
The European Commission (EC) recently issued an update informing that the European Council and the Parliament have endorsed the Banking Package implementing the final elements of Basel III standards
The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.
The Basel Committee on Banking Supervision (BCBS) launched consultation on a Pillar 3 disclosure framework for climate-related financial risks, with the comment period ending on February 29, 2024.
The U.S. President Joe Biden signed an Executive Order, dated October 30, 2023, to ensure safe, secure, and trustworthy development and use of artificial intelligence (AI).
The Monetary Authority of Singapore (MAS) launched an integrated digital platform, Gprnt, also known as “Greenprint.”
The European Banking Authority (EBA) has published the final templates, and the associated guidance, for collecting climate-related data for the one-off Fit-for-55 climate risk scenario analysis.
The Network for Greening the Financial System (NGFS) published its latest set of long-term climate macro-financial scenarios (Phase IV) for assessing forward-looking climate risks.