SNB published Version 1.3 of the forms for Liquidity Monitoring Tools (LMT) reporting at both the group and single-entity levels. Form LMT_G covers FINMA supervisory categories 1 and 2 while Form LMT_GO covers FINMA supervisory categories 3 to 5, with the reference date of March 31, 2021. The updates to the forms also affect the XML schema.
For LMT_G, the reporting frequency is monthly and the standard deadline for submitting data is 30 days. For LMT_GO, the reporting frequency is quarterly and the standard deadline for submitting data is 60 days. Data are collected by SNB on behalf of FINMA. FINMA divides the prudentially supervised banks and securities firms into supervisory categories. Category 1 includes large institutions that may jeopardize the stability of the financial system. In the lower categories, the risk impact of the market participants in the other categories gradually decreases up to category 5. Category 1 refers to the extremely large, significant, and complex market participants posing very high risk while category 2 refers to the very significant, complex market participants posing high risk. Categories 3 to 5 refer to institutions posing significant risk, average risk, and low risk, respectively.
- Form and Documentation: LMT_G, Version 1.3
- Form and Documentation: LMT_GO, Version 1.3
- FINMA Supervisory Categories
Keywords: Europe, Switzerland, Banking, Liquidity Monitoring Tools, Reporting, Basel, Liquidity Risk, SNB
Previous ArticleBDE Updates Reporting Instructions for Banks in August 2020
The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.
The European Council and the European Parliament (EP) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD).
The Prudential Regulation Authority (PRA) launched a consultation (CP6/22) that sets out proposal for a new Supervisory Statement on expectations for management of model risk by banks.
The European Commission (EC) published the Delegated Regulation 2022/954, which amends regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.
The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.
The European Insurance and Occupational Pensions Authority (EIOPA) published two consultation papers—one on the supervisory statement on exclusions related to systemic events and the other on the supervisory statement on the management of non-affirmative cyber exposures.
Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)
The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.
The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.
The Basel Committee on Banking Supervision (BCBS) issued principles for the effective management and supervision of climate-related financial risks.