Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082, and PRA 111

Supervisory Statement 32/15

Update 5 December 2018
This Supervisory Statement (SS) was updated following Policy Statement 30/18 ‘Regulatory reporting: Responses to CP16/18’, and takes effect from Tuesday 1 January 2019.

Update 30 April 2018

Following publication of Policy Statement 8/18 ‘Pillar 2: update to reporting requirements’, this SS was updated to reflect amendments to the reporting requirements. These include the introduction of data item PRA111 to capture stress testing data included in firms’ Internal Capital Adequacy Assessment Process (ICAAP) documents and a reduction in the frequency of reporting of the data items in the Reporting Pillar 2 Part of the PRA Rulebook (‘Pillar 2 data items’) for some firms. These amendments can be found in paragraphs 1.3, 2.3, 2.5 and 2.8.

Guidance on terms used in data items (Appendix 1), Pillar 2 reporting schedule (Appendix 2) and Instructions for completing data items (Appendix 3) have also been amended to reflect these changes. These items are available on Regulatory reporting – banking sector

The PRA has made amendments to the SS (paragraph 2.4) to reflect a nomenclature change from Firm Data Submission Framework (FDSF) to Stress Testing Data Framework (STDF).

These changes take effect from Monday 1 October 2018.

Update 3 October 2017

Following publication of Policy Statement 22/17, ‘Refining the PRA’s Pillar 2A capital framework’,  this SS was updated to reflect amendments to the reporting requirements for data items FSA076 and FSA077 to remove reference to reporting on an ad-hoc or case-by-case basis. These amendments can be found in paragraph 2.5.

The reporting instructions and Pillar 2 reporting schedule have also been amended to reflect these changes.

This supervisory statement should be read alongside the Policy Statement 17/15 'Assessing capital adequacy under Pillar 2', which includes the Reporting Pillar 2 part of the PRA Rulebook, and the Statement of Policy on Pillar 2. 

Overview

This supervisory statement is of interest to banks, building societies and Prudential Regulation Authority (PRA)-designated investment firms. It sets out the PRA’s expectations of firms and provides further clarity on Pillar 2 data reporting.

This supervisory statement should be read alongside Policy Statement 3/16, which includes the Reporting Pillar 2 Part of the PRA Rulebook, and Statement of Policy – The PRA’s methodologies for setting Pillar 2 capital.

The reader is also referred to the appendices:

Appendix 1: Guidance on terms used in data items FSA071 to FSA082.
Appendix 2: Pillar 2 Reporting schedule.
Appendix 3: Instructions for completing data items FSA071 to FSA082 – effective from 5 February 2016.

The materials contained in the appendices are also available on the Regulatory reporting - banking sector page. 

Current version

Published: 5 December 2018

Past versions

Published: 30 April 2018


Published
: 30 April 2018

Published: 3 October 2017

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