PRA Publish Regulatory Reporting Updates to EBA Taxonomy 2.9
The UK’s Prudential Regulation Authority have updated their rulebook, making a number of changes to regulatory reporting requirements. Following a consultation period, the PRA have published a policy statement outlining the final updated reporting requirements for ring-fenced bank reporting, Capital+ reporting and the scope of Financial Reporting (FINREP) to be reported by certain firms that are not currently required to report FINREP.
These updates should be read alongside the Implementing Technical Standards and associated amending regulation. More details can be found on the EBA’s website.
These changes will come into effect on 1 March 2020.
More details of the updates, guidelines for completing regulatory reports and the PRA rulebook are available here.
