FCA Moves Firms to New Data Collection Platform
FCA announced that the new data collection platform RegData has replaced GABRIEL, with completion of the move of all of the 52,000 firms and 120,000 users from GABRIEL to RegData. RegData is central to the regulator's Data Strategy, which will harness the power of data and advanced analytics to transform financial regulation. FCA has now updated the frequently asked questions (FAQs) on all the data items on RegData.
RegData is informed by user feedback and is faster to navigate and easier to use. Building on feedback from firms and other GABRIEL users, RegData features a number of enhancements across key areas. FCA has published a range of short user guides and explainer videos to guide users through the full suite of functionality in the new platform. New technical packs are also available for firms that require alternative submission methods such as the Direct Submission Gateway and the Secure File Transfer Protocol. The changes made to the platform are technology-focused, but hav not changed the way firms currently provide data to FCA; data items and relevant forms have also not changed as a result of the move from GABRIEL to RegData. RegData is built with flexible technology, making it possible to fix issues quickly and to make ongoing improvements to user experience.
Related Links
Keywords: Europe, UK, Banking, Insurance, Securities, RegData, Gabriel, Reporting, Data Collection, FCA
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.
David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Previous Article
ECB Confirms AnaCredit Reporting Obligation of CRR Investment FirmsRelated Articles
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.
FCA Sets up ESG Committee, Imposes Penalties, and Issues Other Updates
The Financial Conduct Authority (FCA) is seeking comments, until December 21, 2022, on the draft guidance for firms to support existing mortgage borrowers.
FSB Reports Assess NBFI Sector and Progress on LIBOR Transition
The Financial Stability Board (FSB) published a report that assesses progress on the transition from the Interbank Offered Rates, or IBORs, to overnight risk-free rates as well as a report that assesses global trends in the non-bank financial intermediation (NBFI) sector.
