MFSA Issues Reporting Updates for Banks Under CRD IV
The Malta Financial Services Authority MFSA updated multiple reporting templates as part of the common reporting (COREP) and financial reporting (FINREP) frameworks, under the Capital Requirements Regulation (CRR) and the implementing technical standards on supervisory reporting (EU Regulation 680/2014). MFSA also updated the guidelines on CRD IV supervisory reporting requirements for credit institutions and foreign branches under the reporting framework 3.0, along with the general guidelines to assist credit institutions and foreign branches in uploading and reviewing reporting data through the LH Portal.
For credit institutions, the updated FINREP requirements address the nonperforming loan and forbearance module while the COREP updates relate to own funds and own funds requirements (including immovable property losses), large exposures and concentration risk, Liquidity Coverage Ratio, and Net stable funding ratio. For foreign branches, the updated FINREP requirements related to the nonperforming loan and forbearance module. Credit institutions are required to report to MFSA the prudential information under the COREP and the FINREP frameworks that established under the EU Capital Requirements Regulation (575/2013) and the corresponding Implementing Technical Standards (680/2014) on Supervisory Reporting, in accordance with the Circulars on COREP and FINREP issued by MFSA from time to time and subject to terms and conditions as may be imposed by MFSA.
Related Link: Updates on Credit Institutions
Keywords: Europe, Malta, Banking, Reporting, FINREP, COREP, LH Portal, Basel, CRR, Implementing Technical Standards, CRD, MFSA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Previous Article
IFSB Adopts Technical Note on Recovery and Resolution FrameworkRelated Articles
EBA Proposes Standards for IRRBB Reporting Under Basel Framework
The European Banking Authority (EBA) proposed implementing technical standards on the interest rate risk in the banking book (IRRBB) reporting requirements, with the comment period ending on May 02, 2023.
FED Issues Further Details on Pilot Climate Scenario Analysis Exercise
The U.S. Federal Reserve Board (FED) set out details of the pilot climate scenario analysis exercise to be conducted among the six largest U.S. bank holding companies.
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.
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.
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.
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.
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.
HKMA Publications Address Sustainability Issues in Financial Sector
The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.
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.
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.
