Guidelines on Common Reporting – Revision 2 (2011)

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These Guidelines define a common reporting framework (COREP) to be used by credit institutions and investment firms when they report their solvency ratio to ... Skiptomaincontent Home» Regulationandpolicy» Supervisoryreporting» GuidelinesOnCommonReporting2011 Followuson: GuidelinesonCommonReporting–Revision2(2011) Repealed TheseGuidelinesdefineacommonreportingframework(COREP)tobeusedbycreditinstitutionsandinvestmentfirmswhentheyreporttheirsolvencyratiotosupervisoryauthoritiesundertheCapitalRequirementsDirective(CRD).Theobjectiveistoachieveahighlevelofharmonizationandastrongconvergenceofregularsupervisoryreportingrequirements.ThisnewversionincorporateschangestotheCOREPtemplatestotakeaccountoftheamendmentstotheCapitalRequirementsDirective,CRDIII(Directive2010/76/EU).DocumentsCapitalandGroupSolvencyDetails CreditRisk MarketRisk OperationalRisk Documentationofchanges Explanatorynotes LinksGuidelinesonCommonReportingGuidelinesonCommonReporting–Revision1(2010)GuidelinesonCommonReporting–Revision2(2011)GuidelinesoncommonreportingoflargeexposuresImplementingTechnicalStandardonSupervisoryReporting PressRelease PressRelease TheEBApublishesarevisionofthecommonreportingframework 28April2011 TheEuropeanBankingAuthority(EBA)publishedtodayarevisionofitsframeworkonCommonReporting(COREPrev3).ThechangestotheCOREPrev3templatestakeaccountoftheCRDIIIamendments(Directive2010/76/EU)oftheEuropeanParliamentandoftheCouncilof24November2010. Thesechangeswillbeapplicableasof31December2011. Themainchangesstemfrom: • thereviewedframeworksforsecuritisations(includingre-securitisations)inthebankingandthetradingbook; • therevisedprovisionswithregardtomarketrisk,includingnewcorrelationtradingprovisionsorreviewedprovisionsforinternalmodels(e.g.stressedVaR); • theextensionofsettlement/deliveryrisksrequirementstothenon-tradingbook. TheEBAiscurrentlyworkingonthedevelopmentofuniformreportingstandardsinaccordancewithArt.74(2)ofDirective2006/48/EC(asamendedbyArt.9(21)ofDirective2010/78/EUof24November2010)whichstatesthat"InordertoensureuniformconditionsofapplicationofthisDirective,forthecommunicationofthosecalculationsbycreditinstitutions,thecompetentauthoritiesshallapply,from31December2012,uniformformats,frequenciesanddatesofreporting.InordertoensureuniformconditionsofapplicationofthisDirective,EBAshalldevelopdraftimplementingtechnicalstandardstointroduce,withintheUnion,uniformformats(withassociatedinstructions),frequenciesanddatesofreportingbefore1January2012." Relateddraftimplementingtechnicalstandardswillbesubjecttopublicconsultationinduecourse. Presscontacts FrancaRosaCongiu [email protected]| +33186527052| Follow@EBA_News



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