Published on 29 January 2016
Pillar 2: Update to reporting data items and instructions – PS3/16
Overview
This Policy Statement follows Consultation Paper 45/15 ‘Pillar 2: Update to reporting data items and instructions’ and sets out changes to the Pillar 2 data items (FSA071 to FSA082) and reporting instructions. It is relevant to banks, building societies and PRA-designated firms.
It includes amendments to the Reporting Pillar 2 Part of the PRA Rulebook and an updated version of Supervisory Statement 32/15. The amended rules will come into force on 5 February 2016.
PRA RULEBOOK: CRR FIRMS: REPORTING PILLAR 2 AMENDMENT NO. 1 INSTRUMENT 2016 PRA 2016/5
Supervisory Statement 32/15 UPDATE
Pillar 2: Update to reporting data items and instructions – CP45/15
In this consultation paper (CP), the Prudential Regulation Authority (PRA) sets out proposed changes to data items FSA071 to FSA082 (‘Pillar 2 data items’) and to the Pillar 2 reporting instructions. This consultation is relevant to banks, building societies and PRA-designated firms (‘firms’).
Background
The Pillar 2 data items and reporting instructions were first published in July 2015, in Policy Statement (PS) 17/15, as part of the Reporting Pillar 2 Part of the PRA Rulebook and Supervisory Statement (SS) 32/15.
Summary of proposals
The proposals are set out in Chapter 2 and relate to Pillar 2 data items and reporting instructions. The PRA assesses that the proposals in this CP are relatively minor. They are intended to provide further clarity to aid the completion of the Pillar 2 data items and to facilitate their collection.
Responses and next steps
This consultation closed on Monday 18 January 2016. The PRA plans to publish a policy statement with finalised rules and an updated version of SS32/15 in January 2016.
The changes would apply from February 2016. From 1 January 2016 until this date, firms are required by Reporting Pillar 2 Part to report their data using the Pillar 2 data items at the same time as they submit their ICAAP assessment to the PRA. Firms may wish to start considering a process for using updated Pillar 2 data items in light of the changes being proposed by the PRA in this CP.
The PRA invites feedback on the proposals set out in this consultation.
Related documents
The templates and guidance notes below include links to the documents contained in Appendix 2 of CP45/15.
The changes would apply from February 2016. From 1 January 2016 until this date, firms are required by Reporting Pillar 2 Part to report their data using the Pillar 2 data items at the same time as they submit their ICAAP assessment to the PRA. Firms may wish to start considering a process for using updated Pillar 2 data items in light of the changes being proposed by the PRA in this CP.
| Form name | Description | Data items | Instructions |
|---|---|---|---|
| FSA071 | Firm information and Pillar 2A summary |  Download data |
Download PDF |
| FSA072 | Pillar 2 Operational risk historical losses | Download data |
Download PDF |
| FSA073 | Pillar 2 Operational risk historical loss details | Download data |
Download PDF |
| FSA074 | Pillar 2 Operational risk forecast losses | Download data |
Download PDF |
| FSA075 | Pillar 2 Operational risk scenario data | Download data |
Download PDF |
| FSA076 | Pillar 2 Credit risk standardised approach wholesale | Download data |
Download PDF |
| FSA077 | Pillar 2 Credit risk standardised approach retail | Download data |
Download PDF |
| FSA078 | Pillar 2 Concentration risk minimum data requirements | Download data |
Download PDF |
| FSA079 | Pillar 2 Concentration risk additional data requirements | Download data |
Download PDF |
| FSA080 | Pillar 2 Market risk | Download data |
Download PDF |
| FSA081 | Pillar 2 Pension risk | Download data |
Download PDF |
| FSA082 | Pillar 2 Credit risk IRB retail | Download data |
Download PDF |