Amendments to regulations and guidelines concerning Common European Reporting (COREP)
Amendments have been made to regulations and guidelines 26/2013 Common European Reporting (COREP).
FIN-FSA regulations and guidelines 26/2013 have been amended as follows:
- The scope of application of regulations and guidelines 26/2013 has been amended as the regulation on prudential reporting by investment firms was moved into separate regulations and guidelines 5/2021. Regulation and Guidelines 5/2021 shall be published following the publication of the Commission Implementing Regulation relating to the prudential reporting of investment firms in the Official Journal of the EU.
- European Commission Implementing Regulation (EU) 2021/453, as regards specific reporting requirements on market risk, was included as part of the FIN-FSA's set of regulations and guidelines.
- Address of interpretations of regulation published by the EBA (Q&A) was introduced as part of the FIN-FSA's set of regulations and guidelines.
- As regards management companies and AIFMs, it was specified in the FIN-FSA set of regulations and guidelines that reportable supervisory information consists of the amount and quality of own funds (Regulation (EU) No 575/2013 of the European Parliament and of the Council, Article 26), the amount of fixed costs (as calculated under Regulation (EU) No 2019/2033 of the European Parliament and of the Council, Article 13) as well as the initial capital.
Entry into force of the amendments
The amendments to the regulations and guidelines will enter into force on 26 June 2021
For further information, please contact
Jussi Eronen, Senior Reporting Expert, telephone +358 9 183 5234 or jussi.eronen(at)fiva.fi