ITS on Reporting for credit institutions as of 31 December 2018 | EBA Reporting framework 2.8 (DPM 220.127.116.11) | EBA
On 9 October 2018, the European Commission adopted an Implementing Technical Standard (ITS) revising Commission Implementing Regulation (EU) No 680/2014. Commission Implementing Regulation (EU) 2018/1627 was published in the Official Journal of the European Union (OJ) on 12 November 2018, and it is therefore binding legislation.
The ITS on reporting requirements concerns credit institutions and applies as of 31 December 2018. The reporting requirements must be fulfilled using the EBA Reporting framework (DPM) 18.104.22.168 version. Further information is available on the EBA website at Reporting framework 2.8 and in the reporting release on the FIN-FSA’s reporting application.
The most significant changes in the DPM 22.214.171.124 version are new prudent valuation templates, the start of resolution reporting and breakdown of the COREP data collection into two modules (COREP OF and COREP LR).
New reporting of prudent valuation information (COREP)
The prudent valuation templates are C 32.01, C 32.02 (a, b and c), C 32.03 and C 32.04. The templates are used to collect data on institutions’ fair-valued assets and liabilities (C 32.01) and valuation adjustments using the Core Approach (C 32.02) as well as data on valuation adjustments due to model risk (C 32.03) and concentrated positions (C 32.04).
Template C 32.01 reporting applies to all institutions. Templates C 32.02–C 32.04 are reported only if the institution is required to calculate Additional Valuation Adjustments (AVAs) using the Core Approach.
Other changes in COREP data collection
COREP data collection is divided into two parts: COREP OF and COREP LR, i.e. leverage ratio templates COREP LR (C 40.00, C 41.00, C 42.00, C 43.00, C 44.00, C 47.00) form their own entity.
Changes have been made to the reporting of capital adequacy data (C 02.00, C 03.00, C 06.02). Minor changes have also been made to the templates for credit risk (C 09.01, C 09.02, C 14.00), operational risk (C 17.01, C 17.02) and market risk (C 18.00–C 23.00).
Changes in FINREP data collection
Minor changes have been made to the FINREP templates F 08.02, F 20.01, F 20.02, F 20.03 and F 30.02.
New validation rules have been issued and changes made to existing rules (most recent update of the EBA’s validation rules on 11 December 2018).
The Financial Stability Authority (FFSA) will collect the data required in resolution reporting.
Schedule for reporting SBP (Supervisory Benchmarking) data in 2019
Data for the purposes of comparison of internal approaches for the calculation of own funds requirements (SBP) is to be submitted as follows:
- * SBP Market Risk templates (C_107.01 – C_110.03) for the reference date 31 January 2019 are sent to the FIN-FSA by 28 February 2019. The credit risk templates are not reported in that context, and should be marked by a negative filing indicator (find:filed=”false”).
- * SBP Credit Risk templates (C_101.00 – C_105.03) for the reference date 31 December 2018 are submitted to the FIN-FSA by 11 April 2019. The market risk templates are not reported in that context, and should be marked by a negative filing indicator (find:filed=”false”).
The SBP reporting concerns credit institutions applying internal approaches in the calculation of own funds requirements. The reporting framework is described for each reporting institution category in the financial sector reporting map.
- Technical questions and questions of interpretation related to the EBA’s ITS reporting (XBRL/XML): EBAReportingHelpdesk(at)fiva.fi
- Resolution reporting: Financial Stability Authority (FFSA), rahoitusvakausvirasto(at)rvv.fi
* Corrected 17 January 2019.