Supervision release 1 February 2017

Regulations and guidelines 1/2014: Risk reporting by credit institutions enters into force on 1 February 2017

On 10 January 2017, FIN-FSA has issued new regulation and guidelines on the reporting of interest rate and liquidity risks.

Content and objective of the regulations

The regulations and guidelines on risk reporting by credit institutions have been revised with respect to reporting of interest rate and liquidity risks. The revisions relate mainly to changes in the reporting institution categories used in the reporting of interest rate and liquidity risks. Moreover, FIN-FSA standard RA4.7, Reporting of liquidity risk has been repealed and the said regulations and guidelines have been transferred to the FIN-FSA regulations and guidelines 1/2014, Risk reporting by credit institutions. The revisions relate particularly to the reporting of amalgamations. No revisions have been made to other reporting entities.

The main revisions in the reporting institution categories of interest rate and liquidity risk reporting are listed below:

Interest rate risk reporting, R:

  • 260 replaces categories 284 and 294

Liquidity risk reporting, M:

  • 260 replaces categories 284 and 294
  • 201 replaces category 292
  • categories 203, 287, 288 and 289 are discontinued

Entry into force

These regulations and guidelines will enter into force on 1 February 2017. The first reporting date with the new reporting institution categories is 30 June 2017 and the data must be submitted to FIN-FSA within 20 business days of the reporting date.

For further information, please contact:

Tomi Halme, Risk Specialist, tel. +358 10 831 5233, email tomi.halme(at)finanssivalvonta.fi

Attachments

FIN-FSA regulations and guidelines 1/2014, Risk reporting by credit institutions
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