Insights
Why capital reporting is the backbone of financial stability
Capital reporting plays a fundamental role in financial institutions’ ability to meet regulatory requirements, manage risk, and maintain financial stability. In an era of increasing regulatory complexity, banks and financial firms must ensure accurate, transparent, and efficient capital reporting processes. The introduction of Basel III—and its latest iteration, Basel
Counterparty Credit Risk (CCR)
EBA Reporting for Counterparty Credit Risk (CCR) ensures that financial institutions measure and manage the risk of default by counterparties in derivatives, securities financing transactions (SFTs), and long settlement transactions. It is part of the Capital Requirements Regulation (CRR) framework, aligning EU banks with Basel III/IV standards. Banks must
Credit Risk (CR)
EBA Reporting for Credit Risk (CR) ensures that financial institutions accurately measure and disclose their credit exposures, capital requirements, and risk-weighted assets (RWAs) under the Capital Requirements Regulation (CRR). Credit risk refers to the potential losses due to a borrower or counterparty failing to meet contractual obligations. Banks must report
Market Risk (MR)
The European Banking Authority (EBA) reporting for market risk is part of the Capital Requirements Regulation (CRR) framework, ensuring financial institutions effectively measure and manage risks related to market fluctuations. Market risk refers to the potential losses due to changes in interest rates, foreign exchange rates, equity prices, and commodity
Streamlining regulatory reporting through Suade - BEEDS Accreditation program
The Bank of England's Electronic Data Submission (BEEDS) portal plays a central role in managing formal regulatory and statistical data submissions between PRA-authorised firms and the Bank of England. Firms authorised by the Prudential Regulation Authority (PRA) to accept deposits in the UK are required to submit various
Trump 2.0: what's next for financial regulation and Basel endgame
With his decisive win, President-Elect Trump has the potential to influence a broad spectrum of policy areas, from the economy to various regulatory rules and directives. As expectations grow for significant regulatory changes, his administration is set to advance a pro-business agenda that prioritises reduced oversight and altered compliance requirements.
PRA publishes second policy statement on Basel 3.1 and proposals for the Strong and Simple capital regime
PRA publishes second policy statement on Basel 3.1 and proposals for the Strong and Simple capital regime On 12th September 2024, the Prudential Regulation Authority (PRA) issued its second near-final policy statement on Basel 3.1, detailing reforms related to credit risk, the output floor, and reporting and disclosure
PRA Strong & Simple Regime: Transforming Regulatory Reporting for Smaller Firms
In today's rapidly evolving financial landscape, building societies are under increasing pressure to comply with ever-changing regulatory requirements. Traditional methods of regulatory reporting, often characterised by manual processes and disjointed data management, are becoming unsustainable. However, the emergence of digital processes and data-centric approaches is revolutionising how building
PRA110
The PRA110 Cash Flow Mismatch report was introduced by the Prudential Regulation Authority (PRA) on July 1, 2019, with the primary purpose of enhancing the PRA’s Pillar 2 liquidity framework. Replacing the older FSA047 and FSA048 reports, it closely aligns with the European Banking Authority’s (EBA) Additional Liquidity
Net Stable Funding Ratio (NSFR)
The Net Stable Funding Ratio (NSFR) measures the stability of a financial institution’s medium and long-term funding and is a key metric in managing its liquidity and funding risks. It is designed to assess whether longer term assets on a bank’s balance sheet can be covered sufficiently by