Reporting reference guide
A useful guide to changes in regulatory reporting.
This guide has been designed to provide firms with a better understanding of the new regulatory reporting data items which will replace their current regulatory reporting from 2008 onwards and it also enables firms to locate the relevant sections of the FSA Handbook containing the reporting rules for both the old and the new reporting.
Firms subject to the rules of the Capital Requirements Directive (CRD) will be required to report some of the new data items on the ERS system from January 2008. Please see IRR Reporting Updates for more information on this subject. All other firms will start to report using the new data items when the new strategic reporting system goes live in 2008.
Reporting reference guide for:
- UK banks
- EEA banks (other than one with permission for cross border services only)
- Banks established outside the EEA
- Building societies
- Service companies
- UK Insurance Special Purpose Vehicles
- Securities and futures firm (category A or B firm or a broad scope firm), that is a BIPRU firm (assumed RAG 3)
- Securities and futures firm (category C or D firm or an arranger or venture capital firm) that is not a BIPRU firm (assumed RAG 3)
- Investment management firm that is a BIPRU firm (assumed RAG 3)
- Investment management firm that is not a BIPRU firm (assumed RAG 3)
- Authorised professional firms
- Society of Lloyd's
- Members' advisers
- Credit Unions
- Electronic money institutions
- Lead regulated firm
- UCITS management companies that are BIPRU firms (ie UCITS investment firms)
- UCITS management companies that are not BIPRU firms (ie UCITS firms) (assume RAG4)
- Insurers and friendly societies (carrying on activities set out in SUP 16.7.74R)
- Firms not subject to other reporting requirements in SUP 16.7, that are BIPRU firms (assumed RAG3 or RAG7)
- Firms not subject to other reporting requirements in SUP 16.7, that are not BIPRU firms (assumed RAG3 or RAG5 or RAG7 )
- Financial conglomerates
Disclaimer
- This information has been prepared as a reference point for authorised firms and their advisers, and is intended to summarise changes in reporting obligations;
- The definitive version of the rules and guidance which these tables refer to is the version contained in the instruments, including amending instruments, published on our website (see Legal Instruments), and if in doubt users should refer to the original instruments;
- These tables may not cover all RAGs, in which case users can use these tables as a starting point, but will need to refer to the underlying instruments.
The ‘reporting dates’ are the dates on which the reports have to be compiled, with submission following within the timescales set out in the applicable rules. Returns should be made at the frequency set out in the relevant rules and transitional provisions. In both cases, firms should set the date at the top of the page to 1 January 2008 to see the full requirements.
We have also included those data items which are currently subject to consultation in CP07/17, for information.
