Regulation (EU) 2021/943 of the European Central Bank of 14 May 2021 amending Regulation (EU) 2015/534 on reporting of supervisory financial information (ECB/2021/24)

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Address https://gelex.eu/eli/EU/regulation/2021/943@2021-05-14/en

Contents

Preamble
1. Article 1 Amendments
Article 1 Amendments
(2)
1. Article 4 Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying IFRS for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013
1. Article 1 Amendments
(3)
1. Article 5 Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying national accounting frameworks on a consolidated basis based on Directive 86/635/EEC
1. Article 1 Amendments
2. Article 2 Final provisions
ANNEX
ANNEX
ANNEX I 1.2.2a.3.4.5. Table 1 Table 2 Simplified supervisory financial reporting
ANNEX II 1. Table 3 2. Table 4 3.4. Over-simplified supervisory financial reporting
ANNEX III 1.2.3. Supervisory financial reporting data points
ANNEX IV
1.
5.
8.
11.
18
ANNEX V FINREP data points under national accounting frameworks
1.
5.
8.
11.
18

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions, and in particular Article 4(1), Article 4(3), Article 6(2), Article 6(5)(d) and Article 10 thereof,

Having regard to Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17), and in particular Article 21(1), Article 140 and Article 141(1) thereof,

Whereas:

(1) The European Commission, based on the draft implementing technical standards submitted by the European Banking Authority (EBA), recently adopted Commission Implementing Regulation (EU) 2021/451, which repeals and replaces Commission Implementing Regulation (EU) No 680/2014.

(2) As Regulation (EU) 2015/534 of the European Central Bank (ECB/2015/13) (the ECB FINREP Regulation) provides for the use, for its purposes, of templates developed by the EBA and enacted in Implementing Regulation (EU) No 680/2014, references to Implementing Regulation (EU) No 680/2014 in the ECB FINREP Regulation need to be updated accordingly. It is also necessary to take account of other changes that require updates to cross references to Implementing Regulation (EU) 2021/451 to ensure that the ECB FINREP Regulation remains consistent with the applicable Commission Implementing Regulation. Those changes include certain changes in the naming and structure of certain templates in the Annexes to the ECB FINREP Regulation so as to align with the naming and structure of the templates in the Annexes to Implementing Regulation (EU) 2021/451.

(3) On 20 May 2019, the European Parliament and the Council of the European Union adopted Regulation (EU) 2019/876, which amends Regulation (EU) No 575/2013 of the European Parliament and of the Council. References to Regulation (EU) No 575/2013 in the ECB FINREP Regulation should be updated accordingly.

(4) In order to ensure legal certainty, it is necessary to ensure that the changes in references apply from the same date as the repeal of Implementing Regulation (EU) No 680/2014. This Regulation should therefore apply from the date of application of Implementing Regulation (EU) 2021/451, on 28 June 2021.

(5) Therefore, Regulation (EU) 2015/534 (ECB/2015/13) should be amended accordingly,

HAS ADOPTED THIS REGULATION:

Article 1 Amendments

Regulation (EU) 2015/534 (ECB/2015/13) is amended as follows:

(1) Article 1 is amended as follows:

(a)(*) in paragraph 2, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Commission Implementing Regulation (EU) 2021/451 (*); Commission Implementing Regulation (EU) 2021/451 of 17 December 2020 laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to supervisory reporting of institutions and repealing Implementing Regulation (EU) No 680/2014 (OJ L 97, 19.3.2021, p. 1).;

(b) paragraph 3 is replaced by the following:

3. Where competent authorities, including the ECB, require institutions to comply with the obligations laid down in Parts Two to Eight of Regulation (EU) No 575/2013 and in Title VII of Directive 2013/36/EU on a sub-consolidated basis in accordance with Article 11(6) of Regulation (EU) No 575/2013, those institutions shall comply also on a sub-consolidated basis with the requirements laid down in this Regulation on a consolidated basis.;

(2) Article 4 is replaced by the following:

Article 1 Amendments

(2)

Article 4 Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying IFRS for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013

In accordance with Article 430(4) of Regulation (EU) No 575/2013, significant credit institutions applying IFRS under Regulation (EC) No 1606/2002 for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013 shall report supervisory financial information, as provided for in Article 11 of Implementing Regulation (EU) 2021/451, on a consolidated basis.;

Article 1 Amendments

(3) Article 5 is replaced by the following:

Article 1 Amendments

(3)

Article 5 Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying national accounting frameworks on a consolidated basis based on Directive 86/635/EEC

In accordance with Article 430(9) of Regulation (EU) No 575/2013, significant credit institutions other than those referred to in Article 4, which are subject to national accounting frameworks on a consolidated basis based on Directive 86/635/EEC, shall report supervisory financial information on a consolidated basis as provided for in Article 12 of Implementing Regulation (EU) 2021/451.;

Article 1 Amendments

(4) Article 6 is amended as follows:

(a) paragraph 2 is replaced by the following:

2. The supervisory financial reporting referred to in paragraph 1 shall include the information specified in Article 11 of Implementing Regulation (EU) 2021/451, including information specified in template 40.1 of Annex III to that Regulation, and shall take place with the frequency specified in that Article.;

(b) paragraph 4 is replaced by the following:

4. The supervisory financial reporting referred to in paragraph 3 shall include the information specified in Article 12 of Implementing Regulation (EU) 2021/451, including information specified in template 40.1 of Annex IV to that Regulation, and shall take place with the frequency specified in that Article.;

(c) in paragraphs 7 and 8, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(5) Article 7 is amended as follows:

(a) the last sentence of paragraph 1 is replaced by the following: Supervisory financial reporting by these credit institutions shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in Annex I.;

(b) in paragraph 2, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

4. The supervisory financial reporting referred to in paragraph 3 shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in Annex I.;

(d) in paragraph 5, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(6) in points (a) and (b) of Article 8(4), the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(7) Article 9(1) is amended as follows:

(a) the last sentence of point (a) is replaced by the following: The supervisory financial reporting shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451.;

(b) the last sentence of point (b) is replaced by the following: The supervisory financial reporting shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451.;

(8) in Article 10(2), the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(9) Article 11 is amended as follows:

(a) paragraph 2 is replaced by the following:

2. The supervisory financial reporting referred to in paragraph 1 shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 1 of Annex I.;

(b) in paragraph 3, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(c) the last sentence of paragraph 4 is replaced by the following: That supervisory financial reporting shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 2 of Annex I.;

(d) in paragraph 5, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(10) in points (a) and (b) of Article 12(4), the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(11) Article 13 is amended as follows:

(a) paragraph 2 is replaced by the following:

(b) paragraph 5 is replaced by the following:

5. The supervisory financial reporting referred to in paragraph 4 shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 2 of Annex I.;

(c) in paragraphs 3 and 6, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(12) Article 14 is amended as follows:

(a) paragraph 2 is replaced by the following:

(b) paragraph 5 is replaced by the following:

(c) in paragraphs 3 and 6, the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(13) in points (a) and (b) of Article 15(4), the reference to Implementing Regulation (EU) No 680/2014 is replaced by a reference to Implementing Regulation (EU) 2021/451;

(14) the Annexes to Regulation (EU) 2015/534 (ECB/2015/13) are amended in accordance with the Annex to this Regulation.

Article 2 Final provisions

1. This Regulation shall enter into force on the fifth day following that of its publication in the Official Journal of the European Union.

2. It shall apply from 28 June 2021.

This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaties. Done at Frankfurt am Main, 14 May 2021. For the Governing Council of the ECB The President of the ECB Christine Lagarde

ANNEX

The Annexes to Regulation (EU) 2015/534 (ECB/2015/13) are amended as follows:

(1) Annex I is replaced by the following:

(2) Annex II is replaced by the following: ;

(3) Annex III is replaced by the following: ;

(4) Annex IV is replaced by the following:

(5) Annex V is replaced by the following:

ANNEX I 1.2.2a.3.4.5. Table 1 Table 2 Simplified supervisory financial reporting

For supervised entities applying IFRS under Regulation (EC) No 1606/2002, as well as for supervised entities applying national accounting frameworks based on Directive 86/635/EEC that are compatible with IFRS, Simplified supervisory financial reporting includes the templates from Annex III to Implementing Regulation (EU) 2021/451 listed in Table 1. For supervised entities applying national accounting frameworks based on Directive 86/635/EEC other than those included in paragraph 1, Simplified supervisory financial reporting includes the templates from Annex IV to Implementing Regulation (EU) 2021/451 listed in Table 2. As an exception to paragraph 2, each NCA may decide that entities referred to in paragraph 2 and established in its Member State report: The information in paragraphs 1 and 2 is reported in accordance with the instructions in Annex V to Implementing Regulation (EU) 2021/451. Templates 17.1, 17.2 and 17.3 in Tables 1 and 2 are provided only for credit institutions reporting on a consolidated basis. Template 40.1 in Tables 1 and 2 is provided for credit institutions reporting on a consolidated basis and credit institutions that are not part of a group reporting on an individual basis. For the purpose of calculating the threshold mentioned in Part 2 of Tables 1 and 2 in this Annex, the second subparagraph of Article 5(5) of Implementing Regulation (EU) 2021/451 applies. Template number NAME OF THE TEMPLATE OR OF THE GROUP OF TEMPLATE PART 1 [QUARTERLY FREQUENCY] Balance Sheet Statement [Statement of Financial Position] 1.1 Balance Sheet Statement: assets 1.2 Balance Sheet Statement: liabilities 1.3 Balance Sheet Statement: equity 2 Statement of profit or loss Breakdown of financial assets by instrument and by counterparty sector 4.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets held for trading 4.2.1 Breakdown of financial assets by instrument and by counterparty sector: non-trading financial assets mandatorily at fair value through profit or loss 4.2.2 Breakdown of financial assets by instrument and by counterparty sector: financial assets designated at fair value through profit or loss 4.3.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets at fair value through other comprehensive income 4.4.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets at amortised cost 4.5 Subordinated financial assets 5.1 Loans and advances other than held for trading, trading or held for sale assets by product 6.1 Breakdown of loans and advances other than held for trading, trading or held for sale assets to non-financial corporations by NACE codes Breakdown of financial liabilities 8.1 Breakdown of financial liabilities by product and by counterparty sector 8.2 Subordinated financial liabilities Loan commitments, financial guarantees and other commitments 9.1.1 Off-balance sheet exposures: loan commitments, financial guarantees and other commitments given 9.2 Loan commitments, financial guarantees and other commitments received 10 Derivatives - Trading and economic hedges Hedge accounting 11.1 Derivatives - Hedge accounting: Breakdown by type of risk and type of hedge Movements in allowances and provisions for credit losses 12.1 Movements in allowances and provisions for credit losses Collateral and guarantees received 13.1 Breakdown of collateral and guarantees by loans and advances other than held for trading 13.2.1 Collateral obtained by taking possession during the period [held at the reference date] 13.3.1 Collateral obtained by taking possession accumulated 14 Fair value hierarchy: financial instruments at fair value Breakdown of selected statement of profit or loss items 16.1 Interest income and expenses by instrument and counterparty sector 16.3 Gains or losses on financial assets and liabilities held for trading and trading financial assets and trading financial liabilities by instrument Reconciliation between accounting and CRR scope of consolidation: Balance Sheet 17.1 Reconciliation between accounting and CRR scope of consolidation: Assets 17.2 Reconciliation between accounting and CRR scope of consolidation: Off-balance sheet exposures - loan commitments, financial guarantees and other commitments given 17.3 Reconciliation between accounting and CRR scope of consolidation: Liabilities Information on performing and non-performing exposures 18 Information on performing and non-performing exposures 18.1 Inflows and outflows of non-performing exposures - loans and advances by counterparty sector 18.2 Commercial Real Estate (CRE) loans and additional information on loans secured by immovable property 19 Forborne exposures PART 2 [QUARTERLY WITH THRESHOLD: QUARTERLY FREQUENCY OR NOT REPORTING] Geographical breakdown 20.4 Geographical breakdown of assets by residence of the counterparty 20.5 Geographical breakdown of off-balance sheet exposures by residence of the counterparty 20.6 Geographical breakdown of liabilities by residence of the counterparty PART 4 [ANNUAL] Group structure 40.1 Group structure: entity-by-entity Template number NAME OF THE TEMPLATE OR OF THE GROUP OF TEMPLATE PART 1 [QUARTERLY FREQUENCY] Balance Sheet Statement [Statement of Financial Position] 1.1 Balance Sheet Statement: assets 1.2 Balance Sheet Statement: liabilities 1.3 Balance Sheet Statement: equity 2 Statement of profit or loss Breakdown of financial assets by instrument and by counterparty sector 4.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets held for trading 4.2.1 Breakdown of financial assets by instrument and by counterparty sector: non-trading financial assets mandatorily at fair value through profit or loss 4.2.2 Breakdown of financial assets by instrument and by counterparty sector: financial assets designated at fair value through profit or loss 4.3.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets at fair value through other comprehensive income 4.4.1 Breakdown of financial assets by instrument and by counterparty sector: financial assets at amortised cost 4.5 Subordinated financial assets 4.6 Breakdown of financial assets by instrument and by counterparty sector: trading financial assets 4.7 Breakdown of financial assets by instrument and by counterparty sector: non-trading non-derivative financial assets measured at fair value through profit or loss 4.8 Breakdown of financial assets by instrument and by counterparty sector: non-trading non-derivative financial assets measured at fair value to equity 4.9 Breakdown of financial assets by instrument and by counterparty sector: non-trading non-derivative financial assets measured at a cost-based method 4.10 Breakdown of financial assets by instrument and by counterparty sector: other non-trading non-derivative financial assets 5.1 Loans and advances other than held for trading, trading or held for sale assets by product 6.1 Breakdown of loans and advances other than held for trading, trading or held for sale assets to non-financial corporations by NACE codes Breakdown of financial liabilities 8.1 Breakdown of financial liabilities by product and by counterparty sector 8.2 Subordinated financial liabilities Loan commitments, financial guarantees and other commitments 9.1 Off-balance sheet exposures under national GAAP: loan commitments, financial guarantees and other commitments given 9.1.1 Off-balance sheet exposures: loan commitments, financial guarantees and other commitments given 9.2 Loan commitments, financial guarantees and other commitments received 10 Derivatives - Trading and economic hedges Hedge accounting 11.1 Derivatives - Hedge accounting: Breakdown by type of risk and type of hedge 11.2 Derivatives - Hedge accounting under national GAAP: Breakdown by type of risk Movements in allowances and provisions for credit losses 12 Movements in allowances for credit losses and impairment of equity instruments under national GAAP 12.1 Movements in allowances and provisions for credit losses Collateral and guarantees received 13.1 Breakdown of collateral and guarantees by loans and advances other than held for trading 13.2.1 Collateral obtained by taking possession during the period [held at the reference date] 13.3.1 Collateral obtained by taking possession accumulated 14 Fair value hierarchy: financial instruments at fair value Breakdown of selected statement of profit or loss items 16.1 Interest income and expenses by instrument and counterparty sector 16.3 Gains or losses on financial assets and liabilities held for trading and trading financial assets and trading financial liabilities by instrument 16.4 Gains or losses on financial assets and liabilities held for trading and trading financial assets and trading financial liabilities by risk Reconciliation between accounting and CRR scope of consolidation: Balance Sheet 17.1 Reconciliation between accounting and CRR scope of consolidation: Assets 17.2 Reconciliation between accounting and CRR scope of consolidation: Off-balance sheet exposures - loan commitments, financial guarantees and other commitments given 17.3 Reconciliation between accounting and CRR scope of consolidation: Liabilities Information on performing and non-performing exposures 18 Information on performing and non-performing exposures 18.1 Inflows and outflows of non-performing exposures - loans and advances by counterparty sector 18.2 Commercial Real Estate (CRE) loans and additional information on loans secured by immovable property 19 Forborne exposures PART 2 [QUARTERLY WITH THRESHOLD: QUARTERLY FREQUENCY OR NOT REPORTING] Geographical breakdown 20.4 Geographical breakdown of assets by residence of the counterparty 20.5 Geographical breakdown of off-balance sheet exposures by residence of the counterparty 20.6 Geographical breakdown of liabilities by residence of the counterparty PART 4 [ANNUAL] Group structure 40.1 Group structure: entity-by-entity

1.2.2a. Simplified supervisory financial reporting

(a) the information specified in template 9.1 or the information specified in template 9.1.1 from Annex IV to Implementing Regulation (EU) 2021/451;

(b) the information specified in template 11.1 or the information specified in template 11.2 from Annex IV to Implementing Regulation (EU) 2021/451;

(c) the information specified in template 12.0 or the information specified in template 12.1 from Annex IV to Implementing Regulation (EU) 2021/451; and

(d) the information specified in template 16.3 or the information specified in template 16.4 from Annex IV to Implementing Regulation (EU) 2021/451.

ANNEX II 1. Table 3 2. Table 4 3.4. Over-simplified supervisory financial reporting

(a) the information specified in template 9.1 or the information specified in template 9.1.1 from Annex IV to Implementing Regulation (EU) 2021/451;

(b) the information specified in template 11.1 or the information specified in template 11.2 from Annex IV to Implementing Regulation (EU) 2021/451;

(c) the information specified in template 12.0 or the information specified in template 12.1 from Annex IV to Implementing Regulation (EU) 2021/451.

ANNEX III 1.2.3. Supervisory financial reporting data points

ANNEX IV

FINREP data points under IFRS or National GAAP compatible with IFRS

1. Balance Sheet Statement [Statement of Financial Position]

1.

1.1 Assets

1.2 Liabilities

1.3 Equity

2. Statement of profit or loss

5. Breakdown of non-trading loans and advances by product

5.

5.1 Loans and advances other than held for trading, trading or held for sale assets by product

8. Breakdown of financial liabilities

8.

8.1 Breakdown of financial liabilities by product and by counterparty sector

8.2 Subordinated financial liabilities

10. Derivatives - Trading and economic hedges

11. Hedge accounting

11.

11.1 Derivatives - Hedge accounting: Breakdown by type of risk and type of hedge

18 Information on performing and non-performing exposures

18

18.0 Information on performing and non-performing exposures

18 Information on performing and non-performing exposures

18

18.0 Information on performing and non-performing exposures

19. Information forborne exposures

ANNEX V FINREP data points under national accounting frameworks

1. Balance Sheet Statement [Statement of Financial Position]

1.

1.1 Assets

1.2 Liabilities

1.3 Equity

2. Statement of profit or loss

5. Breakdown of non-trading loans and advances by product

5.

5.1 Loans and advances other than held for trading, trading or held for sale assets by product

8. Breakdown of financial liabilities

8.

8.1 Breakdown of financial liabilities by product and by counterparty sector

8.2 Subordinated financial liabilities

10. Derivatives - Trading and economic hedges

11. Hedge accounting

11.

11.2 Derivatives - Hedge accounting under National GAAP: Breakdown by type of risk

18 Information on performing and non-performing exposures

18

18.0 Information on performing and non-performing exposures

18 Information on performing and non-performing exposures

18

18.0 Information on performing and non-performing exposures

19. Information forborne exposures

Versions

2021-05-14