Featured Product

    ACPR Issues Clarifications on FINREP in Response to COVID-19 Measures

    November 03, 2020

    ACPR issued clarifications for entities subject to “FINREP COVID19” reporting with respect to the decree of September 2020. As ECB has not developed a specific “SFRDP COVID” taxonomy, the concerned institutions will have to use the existing entry points of the “FINREP COVID19” reporting of the EBA-published taxonomy version 2.10. The clarifications have been made following the publication of the 2020-I-10 instruction and the communication of August 31, 2020 on reporting of COVID-19 measures.

    In July 2020, ACPR had published Instruction 2020-I-10 on reporting of prudential financial information related to exposures subject to measures applied in response to the COVID-19 crisis. Instruction 2020-I-10 came into effect the day after  its publication and addresses reporting requirements for both significant and less significant institutions in France. In August 2020, ACPR issued a notification on the reporting of exposures subject to measures applied in response to the COVID-19 crisis. As per the decree of September 2020, institutions subject to monthly and quarterly information collections must submit the quantitative information defined in Article 2 of the Instruction 2020-I-10 by remote transmission on the OneGate portal, using the XBRL format. Article 2 of the Instruction 2020-I-10 states that certain groups and entities must provide the General Secretariat of ACPR with all the prudential information set out in the appendix of EBA guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis (EBA/GL/2020/07).

     

    Related Links (in French)

    Keywords: Europe, France, Banking, COVID-19, Reporting, FINREP, Framework 2.10, Taxonomy, XBRL, OneGate Portal, EBA, ECB, ACPR

    Featured Experts
    Related Articles
    News

    APRA Publishes Results of Climate Risk Self-Assessment Survey

    The Australian Prudential Regulation Authority (APRA) has published the findings of its latest climate risk self-assessment survey conducted across the banking, insurance, and superannuation industries.

    August 04, 2022 WebPage Regulatory News
    News

    ACPR Publishes Updates Related to CRD IV and Covered Bonds

    The French Prudential Supervisory Authority (ACPR) published a notice related to the methods for calculating and publishing prudential ratios under the Capital Requirements Directive (CRD IV) and the minimum requirement for own funds and eligible liabilities (MREL).

    August 03, 2022 WebPage Regulatory News
    News

    EIOPA Publishes Guidance on Climate Change Scenarios in ORSA

    The European Insurance and Occupational Pension Authority (EIOPA) published the risk dashboard based on Solvency II data and the final version of the application guidance on climate change materiality assessments and climate change scenarios in the Own Risk and Solvency Assessment (ORSA).

    August 02, 2022 WebPage Regulatory News
    News

    EBA and ECB Respond to Proposals on Sustainability Disclosures

    The European Banking Authority (EBA) and the European Central Bank (ECB) published their responses to the consultations of the International Sustainability Standards Board (ISSB) and the European Financial Reporting Advisory Group (EFRAG) on sustainability-related disclosure standards.

    August 01, 2022 WebPage Regulatory News
    News

    BIS Report Notes Existing Gaps in Climate Risk Data at Central Banks

    A Consultative Group on Risk Management (CGRM) at the Bank for International Settlements (BIS) published a report that examines incorporation of climate risks into the international reserve management framework.

    July 29, 2022 WebPage Regulatory News
    News

    EBA Publishes Multiple Regulatory Updates for Regulated Entities

    The European Banking Authority (EBA) published the final guidelines on liquidity requirements exemption for investment firms, updated version of its 5.2 filing rules document for supervisory reporting, and Single Rulebook Question and Answer (Q&A) updates in July 2022.

    July 29, 2022 WebPage Regulatory News
    News

    EIOPA Issues SII Taxonomy and Guide on Sustainability Preferences

    The European Insurance and Occupational Pensions Authority (EIOPA) published Version 2.8.0 of the Solvency II data point model (DPM) and XBRL taxonomy.

    July 29, 2022 WebPage Regulatory News
    News

    EESC Opines on Proposals on CRR and European Single Access Point

    The European Union published, in the Official Journal of the European Union, an opinion from the European Economic and Social Committee (EESC); the opinion is on the proposal for a regulation to amend the Capital Requirements Regulation (CRR).

    July 29, 2022 WebPage Regulatory News
    News

    HM Treasury Publishes Multiple Regulatory Updates in July 2022

    HM Treasury published a draft statutory instrument titled “The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2022,” along with the related explanatory memorandum and impact assessment.

    July 29, 2022 WebPage Regulatory News
    News

    APRA Consults on Prudential Standard for Operational Risk

    The Australian Prudential Regulation Authority (APRA) is seeking comments, until October 21, 2022, on the introduction of CPS 230, which is the new cross-industry prudential standard on operational risk management.

    July 28, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8422