In accordance with an Opinion issued by the EBA, the remittance dates of the first set of supervisory reports will be postponed from April/May 2014 to end June 2014, but there is no change to reference dates.
The postponement concerns banks' submissions to competent authorities of:
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the first quarterly reports on own funds, large exposures, leverage ratio, and net stable funding ratio, with reference dates as of 31 March 2014 to end June 2014, as opposed to end May 2014, and
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the first monthly liquidity reports with reference dates as of 31 March 2014 and 30 April 2014 to end June 2014 as opposed to April 2014.
Following the later than scheduled adoption of the ITS by the EC, the postponement of the first remittance dates to end June 2014 will avoid a situation where banks are asked to submit reports before the actual entry into force of the ITS.
It has also been agreed to delay the implementation of the draft ITS on reporting of asset encumbrance. The first reporting reference date for asset encumbrance will be 31 December 2014 and the first remittance date will be 11 February 2015.
Banks should contact their respective competent authorities to better determine the practical implications of such postponement.
A table providing a more detailed overview of the whole reporting calendar, both on a monthly and quarterly basis, is available on the EBA website by clicking on "Reporting requirements calendar" in the Supervisory Reporting section.
© EBA
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