Featured Product

    SBIF Issues Instructions for Reporting of Credit Limits

    March 27, 2019

    SBIF published instructions for the new regulatory files for the control of credit limits referred to in article 84 of the General Banking Law, within the framework of instructions contained in the Information System Manual. Banks must report this information on a monthly basis. SBIF also published a questions and answers (Q&A) document summarizing the key queries received during public consultation. The consultation on the instructions took place at the end of 2018.

    Through the new files, banks must report the following type of information:

    • In file D55, the status of operations with related persons for each banking business day as well as the exposure to the groups that comprise them, the possible collateral involved and the effective equity considered for control purposes.
    • In file D56, the status of the operations of those debtors whose sum of obligations affects the individual credit limit is equal to or greater than 5% of the bank's effective equity (defined as a control threshold for these purposes), for each banking business day of the reference month.
    • In file D57, the status of the operations owed by other banks, for each banking business day.
    • Table No. 104 "Operations subject to credit limits", has been added, which characterizes the type of operations reported according to the provisions of Chapter 12-3 of the updated Compilation of Standards.
    • Additionally, the new file I13 "List of related persons" is created, which replaces the current I02 file. This new file will make it possible to better characterize the type of relationship of the persons or entities with the bank. 

    The reporting of the new files will begin in October 2019, with the information referring to the month of September 2019.


    Related Links (in Spanish)

    Keywords: Americas, US, Banking, Reporting, Instructions, Credit Limit, Information System Manual, Credit Risk, SBIF

    Featured Experts
    Related Articles

    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

    ISSB Standards May Become Effective from January 2024

    The International Organization of Securities Commissions (IOSCO) welcomed the confirmation statement by the International Sustainability Standards Board (ISSB) setting out its progress in the development of its first sustainability-related corporate disclosure standards.

    February 17, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8792