DNB Publishes Reporting Updates for Banks, Maintains CCyB at 0%
DNB decided to leave the countercyclical capital buffer (CCyB) rate at 0%, with the trend of subdued credit growth being the key consideration underlying this decision. However, DNB announced that it intends to build a CCyB of 2% in the foreseeable future. DNB also published several reporting updates, along with an updated 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 informed concerned banks that the reporting obligation with regard to Article 23 LCR DR has been made available in Digital Reporting Portal or DLR.
- DNB announced that the COVID-19 quarterly reporting obligation (moratoria templates) for submission in XBRL has been made available in DLR as of October 01, 2020. The reporting deadline for this obligation coincides with the timeline for the Capital Requirements Directive (CRD) IV reports.
- DNB released a new version of frequently asked questions (FAQs) prepared by ECB on the COVID-19 data request.
- As per the information provided in the additional data requests table, DNB will circulate, to banks, the Excel template for the 2021 EBA supervisory benchmarking exercise for market risk at the beginning of December 2020.
Related Links
- News Release on CCyB
- Notification on LCR DR
- Notification on COVID-19 Reporting Requirements
- Notification on FAQs on COVID-19 Data
- Update on Additional Data Requests
Keywords: Europe, Netherlands, Banking, Reporting, Digital Reporting Portal, COVID-19, FAQ, CCyB, Basel, CRD IV, LCR, Supervisory Benchmarking, SBP, DNB
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
APRA Proposes to Increase Transparency of Banking DataRelated Articles
PRA to Elaborate on Approach to Transposition of CRD5 by Mid-December
PRA published a statement that explains when to expect further information on the PRA approach to transposing the Capital Requirements Directive (CRD5), including its approach to revisions to the definition of capital for Pillar 2A.
SRB Sets Out Work Program for 2021-2023
SRB published the work program for 2021-2023, setting out a roadmap to further operationalize the Single Resolution Fund and to achieve robust resolvability of banks under its remit over the next three years.
EIOPA Consults on KPIs on Sustainability for Non-Financial Reporting
EIOPA is consulting on the relevant ratios to be mandatorily disclosed by insurers and reinsurers falling within the scope of the Non-Financial Reporting Directive as well as on the methodologies to build these ratios.
ECB Publishes Guide on Management of Climate and Environmental Risks
ECB finalized guidance on the way it expects banks to prudently manage and transparently disclose climate and other environmental risks under the current prudential rules.
BCBS Amends Capital Treatment of Non-Performing Loan Securitizations
BCBS published a technical amendment to the capital treatment of securitizations of non-performing loans by banks.
BoE to Move Statistical Data Collection to BEEDs Portal
BoE announced that the Data and Statistics Division is planning to move collection of statistical data to the BoE Electronic Data Submission (BEEDS) portal.
APRA Updates Reporting Standards and Guidance for EFS Data Collection
APRA published the updated reporting standards and guidance for the collection of Economic and Financial Statistics (EFS), following a consultation process. Also published was a response letter to the feedback received on the proposal for amending the EFS reporting standards and guidance.
EC Consults on Criteria for Environmentally Sustainable Activities
EC is consulting on a draft delegated regulation to supplement the Taxonomy Regulation (2020/852) by establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as environmentally sustainable.
IFRS Examines Incorporation of Climate Risk Issues into IFRS Standards
The IFRS Foundation published material highlighting the ways in which existing requirements in IFRS standards require companies to consider climate-related matters when their effect is material to the financial statements.
FSB Report Outlines Progress on Interest Rate Benchmark Reform
FSB published a progress report on the implementation of reforms to major interest rate benchmarks, including the London Inter-bank Offered Rate (LIBOR) benchmark.
