The French Prudential Supervisory Authority (ACPR) has implemented, in its information system, updates linked to the Data Point Model (DPM) version 3.1. This taxonomy version notably incorporates changes related to the Investment Firms Regulation and Directive (IFR and IFD). Among other updates, new statements related to IFR/IFD regulations have been created. These statements include “FI” and COREP statements for investment firms and class 2 investment finance companies, “IF” statements for investment firms and class 3 investment finance companies, and "IF" statements for single groups of investment firms. These reports have to be submitted on the OneGate portal in the "COR" domain at the level of the "SURFI" collection. For new remitters, a complete accreditation request for the SURFI collection must be made on the OneGate portal. The new version of the functional business cards, which will be made available on the OneGate portal in the coming days, will incorporate these changes. ACPR also updated the list of optional reporting obligations.
Related Links (in French)
Keywords: Europe, France, Banking, Reporting, Taxonomy, DPM, IFR, IFD, Investment Firms, OneGate, COREP, ACPR
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
Previous ArticleMAS Proposes to Further Amend Business Continuity Guidelines
The use cases of generative AI in the banking sector are evolving fast, with many institutions adopting the technology to enhance customer service and operational efficiency.
As part of the increasing regulatory focus on operational resilience, cyber risk stress testing is also becoming a crucial aspect of ensuring bank resilience in the face of cyber threats.
A few years down the road from the last global financial crisis, regulators are still issuing rules and monitoring banks to ensure that they comply with the regulations.
The European Commission (EC) recently issued an update informing that the European Council and the Parliament have endorsed the Banking Package implementing the final elements of Basel III standards
The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.
The Basel Committee on Banking Supervision (BCBS) launched consultation on a Pillar 3 disclosure framework for climate-related financial risks, with the comment period ending on February 29, 2024.
The U.S. President Joe Biden signed an Executive Order, dated October 30, 2023, to ensure safe, secure, and trustworthy development and use of artificial intelligence (AI).
The Monetary Authority of Singapore (MAS) launched an integrated digital platform, Gprnt, also known as “Greenprint.”
The European Banking Authority (EBA) has published the final templates, and the associated guidance, for collecting climate-related data for the one-off Fit-for-55 climate risk scenario analysis.
The Network for Greening the Financial System (NGFS) published its latest set of long-term climate macro-financial scenarios (Phase IV) for assessing forward-looking climate risks.