Guidelines for completing regulatory reports

Supervisory Statement 34/15

Update on 20 July 2017

 SS34/15 was updated following Policy Statement 19/17 ‘Responses to CP2/17 ‘Occasional Consultation Paper’ and Policy Statement 20/17 ‘Regulatory reporting: Responses to CP6/17’.  This version of SS34/15 updates the version issued on 6 July 2017. 

PDFSupervisory Statement 34/15 - 20 July 2017

Update on 6 July 2017

This SS was updated following Policy Statement 18/17 ‘IFRS 9: Changes to Reporting Requirements’. The effective date for the updates is 1 January 2018. See SS annex for details.

Overview

This statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook.  Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts.

  • Chapter 2 and Appendices 1 – 4 of this SS took effect from 1 January 2016, except PRA101-103 which take effect from 1 October 2017 and PRA104-108 which take effect from 1 January 2018. 
  • Appendix 2 took effect from 1 July 2017.
  • Appendices 5 – 7 took effect from 7 March 2016.
  • Appendix 8 takes effect from 1 January 2018. 
  • Appendix 9 takes effect from 1 January 2019. 
  • Appendix 10 takes effect from 1 January 2019. 

PDFSupervisory Statement 34/15 - 6 July 2017

Update on 23 June 2017

This supervisory statement (SS) was updated following Consultation Paper 45/16 ‘Amendments to Notes for completion of the MLAR’, to include updated Notes for completing the Mortgage Lenders and Administrators Return (MLAR) (Appendix 2). The notes take effect on 1 July 2017. See Annex for details.

This statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook.  Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts.

  • Chapter 2 and Appendices 1 – 4 of this SS took effect from 1 January 2016, except PRA101-103 which take effect from 1 October 2017 and PRA104-108 which take effect from 1 January 2018.
  • Appendix  2 takes effect from 1 July 2017.
  • Appendices 5 – 7 took effect from 7 March 2016.
  • Appendix 8 takes effect from 1 January 2018.
  • Appendix 9 takes effect from 1 January 2019.
  • Appendix 10 takes effect from 1 January 2019.

On 12 December 2016 the PRA and Financial Conduct Authority (FCA) published joint Consultation Paper 45/16 ‘Amendments to Notes for completion of the MLAR’. The PRA received no responses to the proposed amendments; the PRA has therefore updated SS34/15 with a link to the amended Notes for completion of the Mortgage Lenders and Administrators Return (MLAR) (Appendix 2), which take effect on 1 July 2017.  The FCA has also published its final MLAR Notes.

PDFSupervisory Statement 34/15 - June 2017

Update on 28 April 2017

This SS was updated following publication of PS10/17 ‘Ensuring operational continuity in resolution: reporting requirements’. The update includes a new appendix (Appendix 10) which provides reporting instructions to operational continuity firms required to complete template PRA109. The effective date for the instructions is 1 January 2019. The SS was also updated to rename Appendix 10 as ‘Annex’.

This statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook.  Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts.

  • Chapter 2 and Appendices 1 – 4 of this SS took effect from 1 January 2016, except PRA101-103 which take effect from 1 October 2017 and PRA104-108 which take effect from 1 January 2018.
  • Appendices 5 – 7 took effect from 7 March 2016.
  • Appendix 8 takes effect from 1 January 2018.
  • Appendix 9 takes effect from 1 January 2019.
  • Appendix 10 takes effect from 1 January 2019. 

PDFSupervisory Statement 34/15 - April 2017

Update on 1 February 2017

This SS was updated following publication of PS3/17 ‘The implementation of ring-fencing: reporting and residual matters – response to CP25/16 and Chapter 5 of CP36/16’, to include a new appendix (Appendix 9) giving details of templates and reporting instructions for reporting requirements applying to ring-fenced bodies. The effective date for these templates and instructions is 1 January 2019. For more information on ring-fencing related policy see ‘Supporting materials – ring-fencing’ webpage.

This statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts.

Chapter 2 and Appendices 1 – 4 of this SS took effect from 1 January 2016, except PRA101-103 which take effect from 1 October 2017 and PRA104-108 which take effect from 1 January 2018. Appendices 5 – 7 took effect from 7 March 2016. Appendix 8 takes effect from 1 January 2018. Appendix 9 takes effect from 1 January 2019.

PDFSupervisory Statement 34/15 - February 2017

Update on 12 December 2016

This supervisory statement (SS) was updated following publication of:

(i) PS35/16 ‘Responses to CP26/16’ to remove rows in Appendix 1 relating to redundant items (FSA050-FSA053) and correct the title of FSA019; and

(i) PS36/16 ‘Financial statements - responses to Chapter 3 of CP17/16’ to include links in Appendix 1 to the guidelines for the new returns relating to financial statements (PRA104-PRA108 and a new appendix (Appendix 8) giving details of FINREP templates required and related reporting instructions. The effective date for these forms and guidelines is 1 January 2018.

Please note Appendix 2 ‘Notes for completion of the Mortgage Lenders and Administrators Return’ is being consulted on in PRA CP45/16 / FCA CP16/41.

This statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts. 

PDFSupervisory Statement 34/15 - December 2016

Update on 16 November 2016

This SS was updated following publication of:

(i) Policy Statement (PS) 32/16 ‘Responses to Chapter 3 of CP17/16 - forecast capital data’ to include links in Appendix 1 to the guidelines for the new returns relating to forecast capital data (PRA101-PRA103); and

(ii) PS31/16 ‘Credit union regulatory reporting’ to delete appendix 3a ‘Notes for completing the Quarterly Return (CQ) for Credit Unions’ and 3b ‘Notes on completing the Annual Return (CY) for Credit Unions’, which are available on the ‘Credit unions – forms and guidance’ webpage. The notes updated following PS31/16, are effective from 3 January 2017, and are available in the appendices of PS31/16.

This supervisory statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts. 

Links to the guidance on completing data items and the data items are set out in appendices to this supervisory statement.

PDFSupervisory Statement 34/15 - November 2016

Update on 26 February 2016

SS34/15 was updated following Occasional Consultation Paper - CP3/16 to include guidelines for completing supervisory reports relating to the Close Links and Change in Control Parts of the PRA Rulebook. This update supplements the PRA’s expectations set out in the original statement, published on 3 August. This supervisory statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting, Close Links and Change in Control Parts of the PRA Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items and returns required by those Parts.

Links to the guidance on completing data items and the data items are set out in appendices to this supervisory statement. 

PDFSupervisory Statement 34/15 - February 2016 

Published on 3 August 2015

This supervisory statement is addressed to all firms regulated by the Prudential Regulation Authority (PRA) who are required to submit supervisory reports under the Regulatory Reporting part of the Rulebook. Its purpose is to set out the PRA’s expectations for how firms should complete the data items required under chapter 18 of the Regulatory Reporting part of the Rulebook. This Supervisory Statement is effective from 1 January 2016. There are no substantive changes to the reporting requirements, therefore there is nothing firms are required to do in the period leading up to 1 January 2016. Until 31 December 2015, firms should continue to use the current forms and guidance available on the ‘CRD firms - Reporting Requirements’ page. 

Links to the guidance on completing data items and the data items are set out in appendices to this supervisory statement.

PDFSupervisory Statement 34/15 

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