Featured Product

    ACPR Amends Reporting Module Timelines Under EBA Framework 3.2

    September 14, 2022

    The French Prudential Control and Resolution Authority (ACPR) announced that the European Banking Authority (EBA) has updated its filing rules and the implementation dates for certain modules of the EBA reporting framework 3.2. The regulatory authority also issued a clarification on the transmission of information on the publication of covered bonds.

    Below are the key highlights of the recent updates:

    • The French regulator has announced that the implementation dates of the EBA framework version 3.2 AE, GSII, and COREP_OF modules could be pushed back to March 2023, COREP_ALM to January 2023 (or even later for each of them). For all modules not in scope of version 3.2, the methods for indicating consolidation remain the same as in 2022, the entry points continue to carry the level of consolidation, and the identifier of the instance does not change. These arrangements will be detailed at the next "Place Banque" meeting on September 19, 2022.
    • ACPR also issued a clarification with respect to the methods of transmission of information related to a report on covered bonds. On August 03, 2022, ACPR specified that declarations with respect to the publication of covered bonds must be signed electronically. However, due to technical reasons, ACPR is now informing that this obligation will not come into force until the deadline of March 2023. Thus, remittances related to the September and December 2022 deadlines do not need to be electronically signed. Consequently, the "Guaranteed Banking Bonds" report of the OBG domain of the ONEGATE portal will not contain a space dedicated to the signature file for these 2 maturities.

     

    Related Links (in French)

     

    Keywords: Europe, France, Banking, Covered Bonds, Reporting, Basel, IFR, CRR, Reporting Framework 3 2, ACPR

    Featured Experts
    Related Articles
    News

    EFRAG Proposes XBRL Taxonomy and Standard for Listed SMEs Under ESRS

    The European Financial Reporting Advisory Group (EFRAG), which plays a crucial role in shaping corporate reporting standards in European Union (EU), is seeking comments, until May 21, 2024, on the Exposure Draft ESRS for listed SMEs.

    February 23, 2024 WebPage Regulatory News
    News

    ECB to Expand Climate Change Work in 2024-2025

    Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.

    February 23, 2024 WebPage Regulatory News
    News

    BIS Bulletin Examines Cognitive Limits of Large Language Models

    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.

    January 25, 2024 WebPage Regulatory News
    News

    ECB is Conducting First Cyber Risk Stress Test for Banks

    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.

    January 24, 2024 WebPage Regulatory News
    News

    EBA Continues Momentum Toward Strengthening Prudential Rules for Banks

    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.

    January 24, 2024 WebPage Regulatory News
    News

    EU and UK Agencies Issue Updates on Final Basel III Rules

    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

    December 19, 2023 WebPage Regulatory News
    News

    Industry Agency Expects Considerable Uptake for Swiss Climate Scores

    The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.

    December 18, 2023 WebPage Regulatory News
    News

    BCBS Consults on Disclosure of Climate Risks, Issues Other Updates

    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.

    December 18, 2023 WebPage Regulatory News
    News

    US Government Moves to Regulate Development and Use of AI Models

    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).

    December 18, 2023 WebPage Regulatory News
    News

    MAS Launches Gprnt Digital Platform for ESG Reporting for SMEs

    The Monetary Authority of Singapore (MAS) launched an integrated digital platform, Gprnt, also known as “Greenprint.”

    November 29, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8949