Consultation on ITS on Supervisory Reporting amendments with regards to FINREP

  • Consultation
  • 26 - 27 NOVEMBER 2018
  • EBA/CP/2018/13

EBA publishes consultation paper on FINREP - non-performing and forborne exposures reporting, P&L and IFRS16


The European Banking Authority (EBA) launched today a public consultation on amendments to the Implementing Technical Standards (ITS) on supervisory reporting on FINREP - non-performing and forborne exposures reporting, P&L and IFRS16. The proposed changes, which are part of the EBA reporting framework 2.9, aim to keep reporting requirements in line with changes in the regulatory framework and with the evolving needs for Supervisory Authorities' risk assessments. This public consultation will run until 27 November 2018.
 
The main proposed changes to Regulation (EU) No 680/2014 regarding FINREP are:
  • Amended and new reporting of non-performing and forborne exposures aimed to strengthen supervisors’ ability to assess and monitor non-performing portfolios by way of collecting more granular information on these assets on a recurring basis.
  • Amendments to reporting of profit or loss items, in particular on expenses aimed to improve supervisory information especially into operating and administrative expenses. 
  • Minor amendments to reported data on leases due to new IFRS 16 aimed to obtain a complete view of the main impacts on leases’ financial situation and profit or loss. 

Consultation process

Comments to this public consultation can be submitted to the EBA by clicking on the "send your comments" button on the consultation page. Please note that the deadline for the submission of comments is 27 November 2018.
 
The public hearing for the ITS will take place at the EBA premises on 3 October 2018 from 10:00 to 11:30 UK time. All contributions received will be published following the close of the consultation, unless requested otherwise.

Legal basis and next steps

These draft ITS have been developed in accordance with Article 99(5) of Regulation (EU) No 575/2013 which mandates the EBA to develop uniform formats, definitions, frequencies and reference and remittance dates and IT solutions.
 
The EBA expects to submit these revised draft ITS to the European Commission in April 2019. The application of the revised requirements will be in March 2018, with the first reporting reference date as of 31 March 2020.
 
In September 2018, the EBA will publish draft Data Point Models (DPM) on the proposed changes to FINREP reporting.
 

Responses

The form is now closed.

Received responses to the EBA

Documents

Annex 2 to CP on FINREP - Annex IV (templates with changes tracked).xlsx

(347.73 KB - Excel Spreadsheet) Last update 28 August 2018

Download
Annex 1 to CP on FINREP - Annex III (templates with changes tracked).xlsx

(356.55 KB - Excel Spreadsheet) Last update 28 August 2018

Download
Annex 1 to CP on FINREP - Annex III (templates).xlsx

(351.36 KB - Excel Spreadsheet) Last update 28 August 2018

Download
Annex 3 to CP on FINREP - Annex V (instructions).pdf

(502.79 KB - PDF) Last update 28 August 2018

Download
Annex 2 to CP on FINREP - Annex IV (templates).xlsx

(342.31 KB - Excel Spreadsheet) Last update 28 August 2018

Download
Annex 3 to CP on FINREP - Annex V (instructions).docx

(156.92 KB - Word Document) Last update 28 August 2018

Download
Annex 3 to CP on FINREP - Annex V (instructions with changes tracked).docx

(183.86 KB - Word Document) Last update 28 August 2018

Download
Final draft ITS amending Regulation 680-2014 (EBA-ITS-2019-02)

(1.3 MB - PDF) Last update 16 July 2019

Download
Annex III (Annex 5 (FINREP)).pdf

(493.42 KB - PDF) Last update 16 July 2019

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Annex II (Annex 4 (FINREP)).xlsx

(359.46 KB - Excel Spreadsheet) Last update 16 July 2019

Download
Annex I (Annex 3 (FINREP)).xlsx

(297.33 KB - Excel Spreadsheet) Last update 16 July 2019

Download