Featured Product

    ECB Amends Decision on Reporting of Funding Plans of Banks

    March 12, 2021

    ECB published the Decision 2021/432, which amends Decision 2017/1198, on the reporting of funding plans of credit institutions by national competent authorities to ECB. The amendments to Decision 2017/1198 relate to the requirements for reporting funding plans, remittance dates, and first reporting reference date in 2021. The first reference date for reporting in 2021 shall be December 31, 2020. Decision 2021/432 shall take effect on the day of its notification to the national competent authorities of the participating member states.

    The ECB Decision (2017/1198) that is being amended requires national competent authorities to provide the funding plans of certain significant and less significant credit institutions to ECB; it also establishes harmonized procedures for the submission, to ECB, of those funding plans. Decision 2017/1198 requires funding plans to be reported in accordance with the EBA guidelines on harmonized definitions and templates for funding plans of credit institutions. However, these EBA guidelines were repealed and replaced with effect from December 31, 2020 by the EBA guidelines (on harmonized definitions and templates for funding plans of credit institutions) that were published in 2019. Consequently, the EBA Decision on supervisory reporting by competent authorities (to EBA) requires competent authorities to submit data on funding plans of all credit institutions under their supervisory remit in accordance with the EBA 2019 guidelines. The EBA Decision also classifies all credit institutions as either "Largest institutions in the Member State" or "Smaller Institutions" for determining the submission dates of the requested data from competent authorities to EBA. It is appropriate that ECB also takes account of these classifications. Thus, to align the reporting of funding plans of credit institutions to ECB with the most recent harmonized definitions and templates in the EBA 2019 guidelines and to ensure compliance with the EBA Decision on supervisory reporting, Decision 2017/1198 has been amended via the new Decision 2021/432. 


    Related Links

    Keywords: Europe, EU, Banking, Reporting, Funding Plans, Decision 2017/1198, Decision 2021/432, CRR, EBA, ECB

    Featured Experts
    Related Articles

    BOE Sets Out Its Thinking on Regulatory Capital and Climate Risks

    The Bank of England (BOE) published a working paper that aims to understand the climate-related disclosures of UK financial institutions.

    March 13, 2023 WebPage Regulatory News

    OSFI Finalizes on Climate Risk Guideline, Issues Other Updates

    The Office of the Superintendent of Financial Institutions (OSFI) is seeking comments, until May 31, 2023, on the draft guideline on culture and behavior risk, with final guideline expected by the end of 2023.

    March 12, 2023 WebPage Regulatory News

    BIS Paper Examines Impact of Greenhouse Gas Emissions on Lending

    BIS issued a paper that investigates the effect of the greenhouse gas, or GHG, emissions of firms on bank loans using bank–firm matched data of Japanese listed firms from 2006 to 2018.

    March 03, 2023 WebPage Regulatory News

    HMT Mulls Alignment of Ring-Fencing and Resolution Regimes for Banks

    The HM Treasury (HMT) is seeking evidence, until May 07, 2023, on practicalities of aligning the ring-fencing and the banking resolution regimes for banks.

    March 02, 2023 WebPage Regulatory News

    BCBS Report Examines Impact of Basel III Framework for Banks

    The Basel Committee on Banking Supervision (BCBS) published results of the Basel III monitoring exercise based on the June 30, 2022 data.

    February 28, 2023 WebPage Regulatory News

    PRA Consults on Prudential Rules for "Simpler-Regime" Firms

    Among the recent regulatory updates from UK authorities, a key development is the first-phase consultation, from the Prudential Regulation Authority (PRA), on simplifications to the prudential framework that would apply to the simpler-regime firms.

    February 28, 2023 WebPage Regulatory News

    DNB Publishes Multiple Reporting Updates for Banks

    DNB, the central bank of Netherlands, updated the list of additional reporting requests and published additional data quality checks and XBRL-Formula linkbase documents for the first quarter of 2023.

    February 28, 2023 WebPage Regulatory News

    NBB Sets Out Climate Risk Expectations, Issues Reporting Updates

    The National Bank of Belgium (NBB) published a communication on climate-related and environmental risks, issued an update on XBRL reporting

    February 24, 2023 WebPage Regulatory News

    EBA Updates Address Securitization Standards and DGS Guidelines

    The European Banking Authority (EBA) published the final draft of the regulatory technical standards that set out conditions for assessment of homogeneity of the underlying exposures in simple, transparent, and standardized (STS) securitizations.

    February 21, 2023 WebPage Regulatory News

    FSB Publishes Letter to G20, Sets Out Work Priorities for 2023

    The Financial Stability Board (FSB) published a letter intended for the G20 Finance Ministers and Central Bank Governors, highlighting the work that FSB will take forward under the Indian G20 Presidency in 2023

    February 20, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8793