Financial Institutions and Markets

European Central Bank Regulation (EU) 2021/943 amending Regulation (EU) 2015/534 on the reporting of financial information for supervisory purposes has been published.

The amendments include certain changes in the naming and structure of some templates in the Annexes to the ECB FINREP Regulation to align with the naming and structure of the templates in the Annexes to Implementing Regulation (EU) 2021/451.

The format and frequency of reporting on a consolidated basis and the applicable reporting and submission reference dates have also been changed, when it comes to:

• Significant credit institutions applying IFRS for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013; and, also
• Significant credit institutions applying national accounting frameworks on a consolidated basis based on Directive 86/635/EEC.

The regulation will apply from 28 June 2021.