General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
December 05, 2018

PRA published the policy statement PS30/18, which contains the final policy following a consultation (CP16/18) on certain amendments to regulatory reporting. These amendments involve several FSA, PRA, and RFB data items. PS30/18 is relevant to banks, building societies, PRA-designated investment firms, and dormant account fund operators.

The policy statement covers the following changes:

  • Final rules in PRA Rulebook related to regulatory reporting (Appendix 1 of PS30/18). These rules will take effect on January 01, 2019.
  • The updated supervisory statement SS34/15 on guidelines for completing regulatory reports (Appendix 2 of of PS30/18). PRA101-103 (capital+ forecast) instructions take effect from December 05, 2018, data items and instructions in Appendices 9 and 10 of SS34/15 (RFB001 to RFB008 and PRA109) take effect from January 01, 2019, and PRA110 (cash flow mismatch) instructions take effect from July 01, 2019.
  • Updated SS32/15 on Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082 and PRA111 on stress test data (Appendix 3 of PS30/18). SS32/15 takes effect from January 01, 2019.
  • Specific changes to the RFB004 template (on intragroup financial reporting: detailed breakdown) have been outlined in Appendix 5 of PS30/18.

These rules and supervisory statements also include updated templates and instructions. To assist the reader, a mapping table has been included in Appendix 4 of PS30/18 and the table outlines templates and instructions contained in SS32/15 and in SS34/15. Appendix 4 also presents the effective dates for the templates and instructions included in the supervisory statements.

PRA received no responses to the consultation on these amendments (CP16/18), which ran from July 2018 to October 2018. However, PRA had identified minor changes to be made in relation to the proposals in the CP16/18. The additional changes have been set out in Chapter 1.6 of PS30/18. PRA has made the changes to the PRA110 reporting instructions, as proposed in CP16/18. However, changes to the reporting level of consolidation in PRA110 rules are subject to the outcome of CP22/18 titled "Liquidity reporting: FSA047 and FSA048."

 

Related Links

Effective Date: January 01, 2019 (PRA Rulebook)

Keywords: Europe, UK, Banking, Reporting, PS30/18, Pillar 2, SS32/15, SS34/15, PRA Rulebook, Liquidity Risk, Stress Testing, Ring Fencing, Capital+, PRA

Related Articles
News

ECB Updates Validation Checks and List of Identifiers Under AnaCredit

ECB updated the AnaCredit validation checks (Version 1.4) and the list of national identifiers (version 2.4) for AnaCredit reporting.

March 21, 2019 WebPage Regulatory News
News

BCBS Publishes Results of the Basel III Monitoring Exercise

BCBS published results of the Basel III monitoring exercise based on data as of June 30, 2018.

March 20, 2019 WebPage Regulatory News
News

EBA, FCA, and PRA Agree on MoU Template for Supervisory Cooperation

EBA, FCA, and PRA announced that they have agreed on a template for the Memorandum of Understanding (MoU) that sets out the expectations for supervisory cooperation and information-sharing arrangements between UK and EU/European Economic Area national authorities.

March 20, 2019 WebPage Regulatory News
News

EBA Publishes Reports Monitoring the Implementation of Basel III in EU

EBA published two reports measuring the impact of implementing the final Basel III reforms and monitoring the implementation of liquidity measures in EU.

March 20, 2019 WebPage Regulatory News
News

HKMA Publishes CoP on Loss-Absorbing Capacity Requirements of Banks

HKMA issued, in relation to the Financial Institutions Resolution (Loss-Absorbing Capacity Requirements—Banking Sector) Rules (LAC Rules) a chapter of a code of practice (LAC CoP) under section 196 of the Financial Institutions Resolution Ordinance (FIRO).

March 20, 2019 WebPage Regulatory News
News

BCBS Publishes Results of Survey on Proportionality in Bank Regulation

BCBS published a report presenting the results of a survey conducted on proportionality practices in bank regulation and supervision.

March 19, 2019 WebPage Regulatory News
News

US Agencies Adopt Interim Rule to Facilitate Transfers of Legacy Swaps

US Agencies (FCA, FDIC, FED, FHFA, and OCC) are adopting and inviting comments on an interim final rule.

March 19, 2019 WebPage Regulatory News
News

HKMA Expects Banks to Manage Risks Related to Crypto-Asset Exposures

HKMA issued a statement announcing that it expects authorized institutions to take note of the BCBS statement on crypto-assets and its prudential expectations.

March 18, 2019 WebPage Regulatory News
News

SNB Issues Form on Solvency Risk of Counterparties in Interbank Sector

SNB released form (Version 5.00) and related documentation for reporting solvency risk of counterparties in the interbank sector.

March 18, 2019 WebPage Regulatory News
News

EIOPA Requests Data on LTG Measures from Insurers Under Solvency II

EIOPA has requested the European Economic Area insurance undertakings, which are subject to Solvency II, to provide information on the long-term guarantee (LTG) measures.

March 18, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2769