SNB Releases Forms on Supervisory Reporting and COVID-19 Data of Banks
SNB published the new reporting form KWERA (1.0), along with the related documentation, on value adjustments and provisions for default risk by banks. The form will collect information on COVID-19 loans, impaired loans, value adjustments for default risks, and write-offs by type of loan (mortgage loans and other loans) and industry. The reporting form has monthly frequency and must be submitted within 20 days of the cut-off date. The reporting institutions include banks in Switzerland whose loans to domestic non-banks exceed CHF 280 million. SNB also published Version 1.9 of the forms AUR_U, AUR_UEA, AUR_UES, AUR_K, and AUR_KEA, along with the associated documentation, for supervisory reporting on an individual and consolidated basis. The supervisory reporting forms are in accordance with the FINMA Circular 08/14 on supervisory reporting for banks (according to the annual and semi-annual financial statements).
Related Links (in German)
Keywords: Europe, Switzerland, Banking, COVID-19, Reporting, Default Risk, Credit Risk, FINMA, SNB
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