Reform of the Reporting System
First reports will move to the new system in summer 2022
The system reform covers EBA ITS, EIOPA ITS, ESMA and national (Virati) regulatory reporting. Reports will be submitted to the new system as of the dates given below.
|31 July 2022||COREP LCR DA and ALMM|
|30 September 2022||FINREP, COREP OF, LR, LE, SBP IMV, NSFR, FP, GSII, FRTB, AE, COVID-19 and IFCLASS2|
|31 December 2022||REM BM, REM HE, REM HR Institution, SBP CR, SBP IFRS9, IFCLASS3, Solvency 2, Pension Fund, Pan-European Personal Pension Product|
|31 January 2023||SBP RM|
|31 March 2023||National data collections S, R and LTC|
|30 June 2023||AIFMD, CSDR 7, CSDR 9 and MMF|
|31 December 2023||National data collections RA and VJ|
The timetable for other national data collection will be further specified during beginning of the year 2023.
In the new Reporting System, reporters will have access to a Reporter Portal in which Finnish and foreign reporters will be identified and authorised via the suomi.fi service. Communication between the FIN-FSA and the reporter will take place via the Reporter Portal, and communication by email will be discontinued.
Reports submitted via portal or interface
Each reporter will see its own reporting obligations in the Reporter Portal. In the Reporter Portal, the reporter can either upload reports it has produced itself or complete data collection-specific web forms. It will also be possible to submit reports to the FIN-FSA directly from the reporter’s own reporting system via an interface (A2A) provided for the reporter. No web forms are planned for CSDR7, CSDR9, and MMF data collections, so reports can either be uploaded to the Reporting System in the Reporter Portal or submitted through the interface.
In the new Reporting System, national reporting will continue to be in CSV format.
For submitted reports, the reporter will receive reporting feedback via both the Reporter Portal and interface (A2A) directly to the reporter’s own reporting system. Reporters will also be able to download submitted reports and reporting feedback in Excel format from the portal.
Test environment for reporters’ use
Reporters will also have access to a test environment. Reporters may submit their reports to the testing environment for checking before submitting the official report to the FIN-FSA.
Production of reporting applications will end
Production of the FIN-FSA’s reporting applications will end as reporting is transferred to the new Reporting System. If, in the future, reporters need to use tools in the production of reports, there are available on the market commercial applications for the production of reports.