DNB Publishes Several Reporting Updates for Banks in October 2020
DNB published several reporting updates, along with an updated the list of additional data requests for banks. The updated and new data requests, which have been highlighted with the words "NEW" or "UPDATE" in red, include semi-recurring as well as ad hoc data requests to banks from DNB and European agencies.
The key reporting updates are as follows:
- DNB notified that Version 1.3 of reporting templates should be used for ECB COVID-19 reporting with reference date September 30, 2020. However, for resubmissions of reference date June 30, 2020, Version 1.2 of the reporting template is to be used. While for resubmissions of reference dates March 31, 2020 and May 30, 2020, version 1.1 of the reporting templates are to be used. In Version 1.3 of the ECB templates, the EBA part has been removed. As of reference date September 30, 2020, this EBA part should only be reported via XBRL (DPM 2:10). The frequency of this EBA template was, and will remain, monthly. The reporting deadline of this EBA template is same as the reporting deadline of the monthly ECB templates submissions.
- DNB notified that ECB has published new templates, along with the updated corresponding instructions, for the 2020 fee factors on the ECB Banking Supervision website. ECB has created two templates regarding the Total Risk Exposure (TRE) and Total Assets (TA). These templates must be submitted by November 11, 2020. The reporting obligation will be available in Digital Reporting Portal or DLR from October 30, 2020. The majority of fee debtors are not required to submit separate templates for the collection of fee factors, as ECB will reuse financial reporting (FINREP) and common reporting (COREP) supervisory data reported via national competent authorities.
- DNB released a new version of frequently asked questions (FAQs) prepared by ECB on the COVID-19 data request.
Related Links
- Notification on ECB Templates for COVID-19 Reporting
- Notification on ECB Templates for Supervisory Fees
- ECB Overview on Fee Factors
- Notification on FAQs on COVID-19 Data
- Overview of Additional Data Requests
Keywords: Europe, Netherlands, Banking, Reporting, Digital Reporting Portal, COVID-19, FAQ, COREP, FINREP, XBRL, ECB, EBA, DNB
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.
Victor Calanog, Ph.D.
Leading economist; commercial real estate; performance forecasting, econometric infrastructure; data modeling; credit risk modeling; portfolio assessment; custom commercial real estate analysis; thought leader.
Previous Article
ACPR Publishes Draft Versions of CREDITHAB and CREDITIMMO TaxonomiesRelated Articles
BoE Seeks Information Before Migrating Statistical Reporting to BEEDS
The Bank of England (BoE) published the Statistical Notice 2021/09 requiring additional information from firms and software vendors to assist in the onboarding and testing phases for migrating statistical reporting to the BEEDS portal.
FCA Publishes Final Rules on Investment Firms Prudential Regime
The Financial Conduct Authority (FCA) published the final rules on the Investment Firms Prudential Regime (IFPR) to streamline and simplify the prudential requirements for solo-regulated UK firms authorized under the Markets in Financial Instruments Directive (MiFID).
CFRF Publishes Guides to Manage Financial Risks from Climate Change
The working groups of the Climate Financial Risk Forum (CFRF) published a second round of guides (or Session 2 guides), written by the industry for the industry, to help financial firms manage climate-related financial risks.
PRA Finalizes Policy for Non-Performing Exposure Securitizations
The Prudential Regulation Authority (PRA) published the final Policy Statement PS24/21 that contains the new Non-Performing Exposures Securitization Part of the PRA Rulebook and an updated Supervisory Statement SS10/18 on the general requirements and capital framework with respect to securitizations.
EBA Updates Filing Rules for Supervisory Reporting
The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
EBA Publishes Standards on Disclosure of Investment Policy Under IFR
The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).
EU to Explore Potential of Establishing a Joint Cyber Unit
The European Council adopted conclusions inviting the European Union (EU) and the member states to further develop the cybersecurity crisis management framework.
EC Sets Out Work Program for 2022
The European Commission (EC) adopted the work program for 2022.
