March 05, 2019

EBA issued a consultation on the updated guideline on harmonized definitions and templates for the reporting of funding plans of banks. This update is the result of the experience gained through the EBA assessment of funding plans of banks in 2017 and 2018 as well as the concerns raised via the EBA Single Rulebook Q&A tool. The consultation ends on June 05, 2019.

The majority of the proposed changes aim to align the definitions and breakdowns used in the guidelines with those used in FINREP to facilitate the implementation and reduce reporting burden. This alignment will also increase the comparability and facilitate better and more automatic validations of the data provided. Consequently, the data production process for credit institutions will be made easier and will ultimately deliver better data quality. Certain other proposed changes aim to improve the assessment of funding plans of banks, along with the relevance of the data provided for such assessments. This is the case for the additional breakdown of total long-term unsecured debt securities and the new template on forecast of the statement of profit or loss. The proposed templates are included in Annex 2 to the consultation paper.

 

Related Links

Comment Due Date: June 05, 2019

Keywords: Europe, EU, Banking, Reporting, FINREP, Harmonization, Single Rulebook, Funding Plans, EBA

 

 

Related Articles
News

ESAs Amend Technical Standards on Mapping of ECAIs Under CRR

ESAs published a second amendment to the implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR).

May 20, 2019 WebPage Regulatory News
News

OCC Consults on Information Collection for Home Mortgage Disclosures

OCC is soliciting comment on the revision of the information collection titled “Regulation C—Home Mortgage Disclosure.” OCC also notes that it has sent the collection to OMB for review.

May 20, 2019 WebPage Regulatory News
News

EIOPA Updates Q&A on Regulations in May 2019

EIOPA published additional questions and answers (Q&A) on guidelines, directives, and regulations applicable to insurers in Europe.

May 17, 2019 WebPage Regulatory News
News

FSB Publishes Update on Meeting of RCG for Americas

FSB published a summary of the meeting of its Regional Consultative Group (RCG) in Americas.

May 17, 2019 WebPage Regulatory News
News

IASB Issues Work Plan and Meeting Updates for May 2019

IASB published an updated work plan, along with the update of its meeting in May 2019.

May 17, 2019 WebPage Regulatory News
News

FCA Publishes Its Business Plan for the Coming Year

FCA published its Business Plan, which sets out the main areas of focus and priorities for 2019/20.

May 17, 2019 WebPage Regulatory News
News

CFTC Proposes to Amend Derivatives Clearing Organization Regulations

CFTC proposed amendments to certain regulations applicable to registered derivatives clearing organizations (DCOs) under Part 30 of the CFTC regulations.

May 16, 2019 WebPage Regulatory News
News

APRA Licenses Societe Generale As Foreign Deposit-Taking Institution

APRA granted Societe Generale a license to operate as a foreign authorized deposit-taking institution under the Banking Act of 1959.

May 16, 2019 WebPage Regulatory News
News

EBA Provides Updates on Its Work on Basel III Impact Assessment in EU

EBA is working to finalize the impact assessment on implementation of Basel III standards, in response to the EC call for advice, which was received on May 04, 2018.

May 16, 2019 WebPage Regulatory News
News

ISDA Publishes Two Consultations on Benchmark Fallbacks

ISDA published two consultations on benchmark fallbacks, the comment periods for which expire on July 12, 2019.

May 16, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3097