CEBS amends the Guidelines on COREP which were developed to harmonize reporting of the capital ratio in accordance with the Capital Requirements Directive. The amendments are valid from 2012 onwards.
CEBS amends the Guidelines on COREP which were developed to harmonize reporting of the capital ratio in accordance with the Capital Requirements Directive.
The amendments are valid from 2012 onwards and contain:
- The frequency of reporting is to be quarterly as a maximum, with certain exceptions for allowing monthly reporting.
- There is a distinction between consolidated and solo data. Consolidated and solo reports must be delivered as a maximum within 40 business days and 20 business days respectively.
- National authorities may provide additional time for reporting by institutions which only operate domestically in order to provide proportionate application of the agreement for these firms.
Press release
Feedback statement
Revised Guidance for Implementation
© CEBS - Committee of European Banking Supervisors
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