Featured Product

    DNB Issues Several Reporting Updates for Banks in February 2021

    February 24, 2021

    DNB published several reporting updates, along with an updated list of additional data requests for banks. The updated data requests, which have been highlighted with the word "UPDATE" in red, include semi-recurring as well as ad hoc data requests to banks from DNB and European agencies. The updates include additional data quality checks for the first quarter of 2021 (run from April 01, 2021) for reporting by banks. Another key development relates to the DNB announcement that the Liability Data Report (LDR) reporting obligation has been made available in the Digital Reporting Portal or DLR, as of February 17, 2021, with the reporting deadline of March 17, 2021.

    Additional key reporting updates are as follows:

    • A new version of the file "Required templates and filing indicators" has been made available for reports with reference date of December 2020 and onward; the file contains changes on which  ECB and EBA have jointly agreed. If already submitted reports do not meet the requirements, DNB will ask for re-submissions.
    • Banks are being requested to submit the annual Remuneration Report only in XBRL format, as of the reference date December 31, 2020. DNB shall not accept reports submitted in Excel format. EBA is soon going to release a new taxonomy version for the Remuneration report and banks are requested to wait for this publication from EBA (version REM 1.0.1) before submitting the report. DNB will communicate when EBA publishes this new taxonomy version, which is expected at the end of first quarter of 2021. However, the usual reporting deadline remains unchanged and will be maintained as June 30, 2021.
    • The second Payment Services Directive (PSD2) Fraud Reporting shall be reported in Excel format on the basis of an adjusted template version 1.4 (communicated on DLR in November 2020). The deadline to submit PSD2 Fraud Report (for the reference date December 31, 2020) is March 31, 2021.
    • A new version of the frequently asked questions (FAQs), prepared by ECB, on the COVID-19 data request has been made available.

     

    Related Links

    Keywords: Europe, Netherlands, Banking, Reporting, Digital Reporting Portal, COVID-19, FAQ, Remuneration, Data Quality Checks, Liability Data Report, Resolution Framework, PSD2, EBA, ECB, SRB, DNB

    Featured Experts
    Related Articles
    News

    US Agencies Issue Several Regulatory and Reporting Updates

    The Board of Governors of the Federal Reserve System (FED) adopted the final rule on Adjustable Interest Rate (LIBOR) Act.

    January 04, 2023 WebPage Regulatory News
    News

    ECB Issues Multiple Reports and Regulatory Updates for Banks

    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.

    January 01, 2023 WebPage Regulatory News
    News

    HKMA Keeps List of D-SIBs Unchanged, Makes Other Announcements

    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.

    December 30, 2022 WebPage Regulatory News
    News

    EU Issues FAQs on Taxonomy Regulation, Rules Under CRD, FICOD and SFDR

    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.

    December 29, 2022 WebPage Regulatory News
    News

    CBIRC Revises Measures on Corporate Governance Supervision

    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.

    December 29, 2022 WebPage Regulatory News
    News

    HKMA Publications Address Sustainability Issues in Financial Sector

    The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.

    December 23, 2022 WebPage Regulatory News
    News

    EBA Updates Address Basel and NPL Requirements for Banks

    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.

    December 22, 2022 WebPage Regulatory News
    News

    ESMA Publishes 2022 ESEF XBRL Taxonomy and Conformance Suite

    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.

    December 22, 2022 WebPage Regulatory News
    News

    FCA Sets up ESG Committee, Imposes Penalties, and Issues Other Updates

    The Financial Conduct Authority (FCA) is seeking comments, until December 21, 2022, on the draft guidance for firms to support existing mortgage borrowers.

    December 20, 2022 WebPage Regulatory News
    News

    FSB Reports Assess NBFI Sector and Progress on LIBOR Transition

    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.

    December 20, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8697