CEBS published its Guidelines on Financial Reporting (FINREP) for the implementation of the consolidated financial reporting framework. These guidelines are intended to be used by credit institutions when preparing prudential reports to be sent to any European Union Supervisory Authority according to the IAS/
IFRS endorsed by the European Commission.
IAS/IFRS do not prescribe the order or format in which financial information is to be presented. FINREP represents a common standardised reporting framework to increase comparability of financial information produced by credit institutions for their respective national supervisory authorities.
FINREP provides a set of tables which contain ‘core’ and ‘noncore’ quantitative financial information. It also includes financial information which under IAS/IFRS may be provided in the form of a note disclosure. National supervisory authorities may decide to require additional quantitative and qualitative financial information.
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Framework (Excel)
© CESR - Committee of European Securities Regulators
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