New statistical reporting requirements from ECB
Belgium
The National Bank has been Belgium's central bank since 1850. It performs tasks in the general interest at both national and international level.
The National Bank of Belgium has recently introduced new regulatory changes in line with the ECB regulations:
Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| For Scheme A reports are to be updated: | |
| 01.11 | Treasury and interbank assets |
| 01.21 | Interbank liabilities |
| 02.11 | Credits originally granted by the reporting credit institution/breakdown according to beneficiary of credit |
| 02.12 | Credit sales to third parties: breakdown according to beneficiary of credit |
| 02.22 | Deposits and other creditors: breakdown according to creditors' sectors |
| 03.41 | Transferable securities, stocks and other negotiable instruments: breakdown according to issuer’s sectors |
| 03.51 | Debts evidenced by a security: breakdown according to initial period |
| And one new report is required: | |
| 02.13 | Credits originally granted by the reporting credit institution: breakdown by original and remaining duration |
| For MIR (interest rate reporting for Monetary Financial Institutions (MFI’s), two reports are to be updated: | |
| 02.70 | Outstanding amounts, namely contracts that are current during the reference period |
| 02.80 | New business, namely concluded contract that are new during the reference period |
The first reporting under these new requirements will contain data from June 2010. FRSGlobal will have the modifications to the existing reports and the new report available at the end of April 2010 well in time for the June 2010 deadline.
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the regulations and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines.
FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML electronic delivery format
- More flexibility for customer’s own reporting – with ReportBuilder to define internal reports
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Belgium, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
France
The basic task of the Banque de France is implementing the single monetary policy within the framework of the ESCB
The National Bank of France, Banque de France, announced the Système Unifié de Reporting Financier (SURFI) on 6 October 2008.
The current BAFI and ECB reports will be replaced by the SURFI reports (XBRL delivery) on 30 June 2010 except for reports 8019I and 8597I, which will be replaced on 31 October 2010 (XML delivery).
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| SURFI represents: | |
| ✔ | 73 templates |
| ✔ | 900 items from the chart of accounts |
| ✔ | 900 calculated items from the templates |
| ✔ | And 23 defined dimensional attributes (up to 7 levels of imbrications). |
| FRSGlobal commits to helping you be prepared for SURFI, by: | |
| ✔ | Making the SURFI solution available in January 2010 |
| ✔ | Supporting its customers with the use of the testing platform, ONEGATE, at the Commission Bancaire as of its opening, which is foreseen to be at the end of February / beginning of March 2010 |
For more information on SURFI, please visit our SURFI solution page.
Also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest regulatory reporting requirements.
Germany
The Deutsche Bundesbank is the central bank of the Federal Republic of Germany.
Eurosystem monetary policy is the Bundesbank’s core business area. Other core business areas include the financial and monetary system, banking supervision, cashless payments and cash operations.
The Deutsche Bundesbank has recently introduced new regulatory changes in line with the ECB regulation: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector. Reporting amendments were announced in the monthly balance sheet statistics, foreign status and in the interest-rate statistics.
In light of the above mentioned changes the reports have been streamlined and brought in line with best international standards; better aligned with euro-area statistical requirements.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| The following BISTA (Monthly balance sheet statistics) reports have been changed: (Reporting frequency: Monthly) | |
| A3/B3 | Transferable liabilities/ liabilities against banks |
| B5 | Miscellaneous assets and liabilities |
| B6 | Assets and liabilities for non-banks (original maturity and remaining maturity on interest) |
| B7 | Revolving credits |
| C5 | Liabilities nonbanks |
| E4 | Additional information for special purpose business |
| 01 | Non-MFI securitization |
| 02 | Securitization vehicles |
| P1 | Securitization vehicles |
| S1 | Securitization vehicles |
| HV11/ HV12 | Sub-forms concerning assets |
| R11/ R12 | External position reports |
| The following ZISTA (Interest rate statistics) reports have been changed: (Reporting frequency: Monthly) | |
| ZA | Existing contracts |
| ZB | New contracts |
The first reporting under these new requirements will require data from June 2010. FRSGlobal solutions will be “test ready” in February 2010, while the regulators finalise the reports definitions, and ready for users to “Go Live” by the end of March 2010, well ahead of the mid-June 2010 deadline.
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the regulations and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines.
FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML electronic delivery format
- More flexibility for customer’s own reporting – with ReportBuilder to define internal reports
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Germany, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
Luxembourg
The Banque Centrale du Luxembourg – BCL - is in charge of the collection of data as well as the compilation of monetary and financial statistics and the balance of payments from banks, money market funds, investment funds and securisation vehicles which are subject to the regulations of the European Central Bank.
Reference documents: circulars and documents online
The Central Bank of Luxembourg , through related circulars has recently introduced new regulatory changes in line with the ECB regulation: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
In light of the above-mentioned changes the reports have been streamlined and brought in line with best international standards; better aligned with euro-area statistical requirements.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| The following existing reports are to be updated with more details: | |
| S1.1 | Monthly statistical balance sheet |
| S1.4 | Adjustment due to valuation effects |
| S1.5 | Information on interest rates in EUR |
| ✔ | Security by security reporting (Reporting frequency: Monthly) |
| S2.5 | Quarterly statistical balance sheet (Reporting frequency: Quarterly) |
| The following new reports have been added: | |
| S1.8 | Information on securitisation transactions launched by credit institutions. Only applicable to credit institutions that have launched securitisation transactions. (Reporting frequency: Monthly and Quarterly ) |
| S4.1 | Non balance sheet information (Reporting frequency: Annually) |
Note: Small size credit institutions are exempted from reports S 1.4, S 1.5 and S 2.5, and the BCL shall inform each institution by separate mail of its reporting obligations.
FRSGlobal has agreed with the BCL that all its clients will be in a position to submit their initial reports in April 2010, reflecting March data, — well ahead of the national deadline of July 2010.
FRSGlobal, through close contact with both the BCL and its large Luxembourg client base, has been closely monitoring and contributing to the contents and the validation rules of the reporting application and is now in a position to guarantee delivery of their reporting application to meet the regulator's requirements in time for comprehensive testing ahead of the published deadlines. FRSGlobal solutions offer:
- Changes to existing reports
- New reports such as the securitisation vehicle reports required by BCL
- Detailed validation rules
- Online XML delivery format
- Security-by-security reporting as part of the global statistical approach
- AGDL (Association pour la Garantie des Dépôts) reporting
- More flexibility for customer reporting – with ReportBuilder to define internal reports
Read the Press Release: “FRSGlobal announces new statistical ECB reporting applications in Luxembourg”. Customers will be in a position to run parallel between April and July 2010 with a combination of modified and new reports.
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Luxembourg, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
Netherlands
De Nederlandsche Bank (DNB) is responsible for safeguarding financial stability. More particularly, DNB contributes to defining and implementing the single monetary policy of the countries which have introduced the euro promotes the smooth operation of the payment system, and supervises financial institutions and the financial sector.
The Dutch National Bank, De Nederlandsche Bank (DNB), has recently introduced new regulatory changes in line with the ECB regulation: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
In light of the above-mentioned changes the reporting forms have been streamlined and brought in line with best international standards; better aligned with euro-area statistical requirements.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| The following five reports are impacted by the new requirements: | |
| 9001 | SE (Socio Economical) positions |
| 9004 | MFI (Monetary Financial Institutions) interest rates |
| 9005 | Annual reporting participations |
| 9010 | SE balance of payments |
| 9011 | BB (balance of payments) movements |
| And an additional two new reports will have to be submitted: | |
| 9013 | MFI securitisations |
| 7001 | SPV (Special Purpose Vehicles) statisticscts |
The first reporting under these new requirements will require data from June 2010. FRSGlobal will have the modifications to the existing reports and the new report available at the end of March 2010 - well ahead of the June 2010 deadline.
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the reports and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines.
FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML electronic delivery format
- More flexibility for customer’s own reporting – with ReportBuilder to define internal reports
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in The Netherlands, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
Portugal
Banco de Portugal is part of the European System of Central Banks (ESCB) since its inception in 1998, which consists of the European Central Bank (ECB) and the national central banks of the European Union (EU). The Bank is part of the Eurosystem - comprising the ECB and the national central banks of the Member States whose currency is the euro - since its creation on 1 January 1999.
The Bank of Portugal, Banco de Portugal, has recently introduced new regulatory changes in line with the ECB regulation: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
In light of the above-mentioned changes the reporting forms have been streamlined and brought in line with best international standards; better aligned with euro-area statistical requirements.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| The following nine reports are impacted by the new requirements: | |
| ✔ | Quadro A – Activo |
| ✔ | Quadro A – Passivo |
| ✔ | Quadro A – Extra |
| ✔ | Quadro B |
| ✔ | Quadro C |
| ✔ | Quadro D |
| ✔ | Quadro E (indirectly) |
| ✔ | Quadro G |
| ✔ | Quadro H |
The first reporting under these new requirements will require data from June 2010. FRSGlobal will have the modifications to the existing reports available end of January 2010 well ahead of the June 2010 deadline.
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the reports and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines.
FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML electronic delivery format
- More flexibility for customer’s own reporting – with ReportBuilder to define internal reports
- New and updated user tables
- More calculated fields
- Option between the usage of calculated fields or final ones for sum data
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Portugal, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
Spain
The Banco de España, integrated in the Eurosystem, is the national central bank and supervisor of the Spanish banking system.
The Bank of Spain, Banco de España, has unofficially announced regulatory changes in line with the ECB regulation:: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
In light of the above-mentioned changes the reporting forms have been streamlined and brought in line with best international standards; better aligned with euro-area statistical requirements.
Firms face a change in reporting - all available as part of the FRSGlobal statistical reporting solution. Download solution sheet here »
| The following three reports are to be updated: | |
| UEM.1 | Summary balance sheet |
| UEM.2 | Classification by counterparty and residency for certain assets and liabilities |
| UEM.3 | Write-offs and recoveries relating to loans and credits |
| And five new reports are to be submitted: | |
| UEM.10 | Minimum reserve coefficient |
| UEM.11 | Securitizations and other loan transfers |
| UEM.12 | Securitizations and other loan transfers |
| UEM.13 | Details relating to certain assets and liabilities |
| UEM.9 | Details relating to certain assets and liabilities |
Note: UEM.9 is reportable from December 2011.
Exemptions from certain reports will be made for smaller entities.
The first reporting under these new requirements will require data from June 2010. FRSGlobal will have the modifications to the existing reports and the new report available in time for the June 2010 deadline.
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the reports and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines.
FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML electronic delivery format
- More flexibility for customer’s own reporting – with ReportBuilder to define internal reports
- New and updated user tables
- More calculated fields
- Option between the usage of calculated fields or final ones for sum data
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Spain, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |
Poland
Narodowy Bank Polski (NBP; the National Bank of Poland) is the central bank of Poland. It controls the issuing of Poland's currency, the złoty. The Bank is headquartered in Warsaw, and has branches in every major Polish town.
Since January 11, 2007, the Bank has been headed by Sławomir Skrzypek. The NBP represents Poland in the European System of Central Banks, an EU organization.
The National Bank of Poland has unofficially announced regulatory changes in line with the ECB regulation: Regulation (EC) No 25/2009 (recast ECB/2008/32) of the ECB of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector.
In light of the above-mentioned changes the reporting forms have been streamlined and been brought in line with best international standards; better aligned with euro-area statistical requirements.
The first reporting under these new requirements will take place in July 2010 and will need to contain data from June 2010. FRSGlobal will have the modifications to the existing reports and the new reports available in time for the June 2010 deadline.| Annexure No. 2 - New reports: | |
| SEK01 - SEK06 | Securitization and sale/purchase of account receivable |
| EBC24 | operations with domestic institutions – assets |
| EBC25 | operations with institutions from economic and currency union – assets |
| ✔ | 17 New forms in the M00 series M001-M0017: - M0001, M0002, M0003: To be filled by all banks including cooperatives - M0004 - M0017 are filled by banks mentioned in points 1-11, 13-16, 20, 25 and 27-30 of Annexure 1 - M0004, M0005, M0006: Replace Annexure no 14 to resolution no 23/2003 Management of National Bank of Poland dd. 25 July 2003 - M0001, M0004, M0007 and M0008 to contain data of the last day of the previous month - M0002, M0003, M0005, M0006, M0009 - M0017 to contain data for the whole month |
| Annexure No. 2 - Modifications: | |
| TR011 | Transactions statistics - Operations with domestic institutions - assets part I |
| TR012 | Transactions statistics - Operations with domestic institutions - assets part II |
| TR013 | Transactions statistics - Operations with Economic and Monetary Union countries - assets part I |
| TR014 | Transactions statistics - Operations with Economic and Monetary Union countries - assets part II |
| ECB11 | Operations with domestic institutions - assets |
| ECB12 | Operations with domestic institutions - liabilities |
| ECB13 | Operations with Economic and Monetary Union countries - assets |
| ECB14 | operations with Economic and Monetary Union countries – liabilities |
| ECB16 | Operations with institutions of other countries of the world: and items not classified by sector – liabilities |
| A0 & P0 | Modifications in the A0 and P0 series: - A0605, A0607, A0616, A0617, A0619, A0620 - P0203, P0205, P0300 (cz. I), P0300 (cz. II), P0400 |
| Annexure No. 14 - Redundant: | |
| ✔ | Non public resident issues of debt securities on domestic market. The whole Annexure has been replaced by new forms M0004, M0005, M0006 from Annexure no 2. |
| Annexure No. 18: | |
| OPN_USD | Redundant |
| OPS_EUR | Average MFI interest rates on outstanding amounts, EUR denominated replaces OPS_WAL |
| Annexure No. 18 - Modifications: | |
| OPS_PLN | Average MFI interest rates on outstanding amounts, PLN denominated |
| OPS_PLN | Average MFI interest rates on new business, PLN denominated |
| Annexure No. 7 - Redundant: | |
| ✔ | The whole Annexure has been removed and collection of data for sample W-1 and W2 has been dropped. Note: This is the last report for June in July. This change has been enforced as of July 2010 |
FRSGlobal, through regular contact with both the regulator and financial institutions, has been closely monitoring the development of the reports and is in a position to guarantee delivery of the reporting applications to meet the regulator's requirements within the appropriate deadlines. FRSGlobal solutions offer:
- Changes to existing reports
- New reports
- Detailed validation rules
- Online XML delivery format
- More flexibility for customer reporting – with ReportBuilder to define internal reports
Existing clients of FRSGlobal regulatory reporting will benefit from the FRSGlobal Guarantee: to keep the reports they subscribe to up to date in line with the regulator’s requirements: a unique feature from FRSGlobal which provides significant value and benefit to the user. For more information on upcoming regulatory requirements in Poland, please also visit our Centre of Risk & Regulatory Excellence and sign up to be kept up to date on the latest developments of these upcoming statistical reporting requirements. |