The European Banking Authority (EBA) has mandated the Capital Requirements Regulation (CRR) by developing Implementing Technical Standards (ITS) for supervisory reporting.
The CRR brings into force the EU supervisory reporting framework for Common Reporting and Financial Reporting (COREP/FINREP). In the UK the Financial Services Authority (FSA) regulates this requirement.
COREP – Capital requirements and own funds reporting
FINREP – Financial Reporting for supervisory purposes based on International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS), as endorsed by the European Union.
Credit Institutions and Investment Firms regulated by the IFPRU (Prudential sourcebook for Investment Firms)
The filing mandate is quarterly and no more than 42 days after the previous quarter end. Reports are filed through the Financial Conduct Authority (FCA) Gabriel portal.
We can provide and/or convert your excel templates into compliant XBRL reports ready for submission through the Gabriel portal.
Furthermore our intuitive validation reporting and messages are dynamic. Each message is interactive where clicking on a failure will highlight the data points contributing to the issue in the user interface.