Regulatory reporting - banking sector

Firms in the banking sector (banks, building societies, investment firms and credit unions) need to provide regulatory returns to the Prudential Regulation Authority (PRA). This page explains the returns and how firms should report them.

Latest news

For full information on items below, see 2018 and 2017 updates.

17 January 2018  Following consideration of responses to CP13/17 ‘Pillar 2 liquidity’ the PRA delays the proposed introduction of PRA110 to 1 July 2019.
15 December 2017 The PRA updates the indicative timeline for Capital+ reporting to reflect the addition of a User Acceptance Testing (UAT) window in January
11 December 2017 

The PRA publishes SS9/17 'Recovery planning' which includes a recovery plan information template

6 December 2017 The PRA publishes  CP25/17 'Pillar 2: Update to reporting requirements' and CP26/17 'Model risk management principles for stress testing'
27 October 2017 We remind firms that they may submit queries for reporting clarifications on FINREP Financial Statements templates
3 October 2017

The PRA publishes updated:

27 September 2017 The PRA publishes update on Capital+ reporting ahead of 1 October effective date
18 September 2017 The Bank publishes feedback request on ring-fencing reporting taxonomy and confirms data collection system
15 September 2017 The PRA publishes UK-specific reporting clarifications for FINREP Financial Statements templates
23 August 2017 The PRA publishes updated Capital+ XBRL utility and supporting documents
16 August 2017 The PRA issues information request to firms subjects to financial statements and IFRS 9 reporting requirements  
  • 2018 updates

    17 January: In CP13/17 ‘Pillar 2 Liquidity’ the PRA proposed to introduce a new liquidity reporting template (PRA110) to support the cash flow mismatch risk (CFMR) framework. Having considered responses, the PRA has decided to postpone the proposed introduction of PRA110 by 6 months, from 1 January 2019 to 1 July 2019. The interim reporting, proposed to start in March 2018, is also delayed by 6 months to at earliest September 2018. As proposed in CP13/17, the PRA intends to terminate the FSA047 and FSA048 returns at the same time the PRA110 is implemented. In case of any delay in the implementation of the PRA110, the PRA will delay the proposed termination of the FSA047 and FSA048 returns. The FSA047 and FSA048 termination remains linked to the implementation of the PRA110.

  • 2017 updates

    Banks, building societies and investment firms – 15 December: We updated the indicative timeline for Capital+ reporting requirements (initially published on 27 September 2017) to reflect the addition of a User Acceptance Testing (UAT) window in January for firms with a first reporting deadline in February 2018 and beyond. Firms should refer to the timeline for further details on key activities leading up to their submission date. We will continue to contact firms directly with relevant updates on Capital+ reporting.

    Banks, building societies and investment firms – 6 December: We published CP25/17 'Pillar 2: Update to reporting requirements' and CP26/17 'Model risk management principles for stress testing'.  Both consultations close on Tuesday 6 March 2018.

    Banks, building societies and investment firms – 27 October: Following its publication on 15 September, we remind those working with the FINREP Financial Statements templates that you may submit queries for reporting clarifications. For any queries relating to the EBA's FINREP instructions, you should submit a Q&A to the EBA. For UK GAAP-specific queries, you can submit these to your trade associations (who will group queries and prioritise those that apply to multiple firms, before passing them on to us) or directly to us. For UK-specific reporting clarifications, and further information including contact details, please refer to the spreadsheet below.

    UK - Specific reporting clarifications for FINREP Financial Statements templates   ExcelDownload Excel


    Banks, building societies and investment firms - 3 October: 
    We published updated instructions for FSA076 and FSA077, and an updated regulatory reporting schedule alongside PS22/17 'Refinements to the PRA's Pillar 2A capital approach'. We also published an updated FSA083 template and instructions alongside PS21/17 'UK leverage ratio: treatment of claims on central banks'.

    Banks, building societies and investment firms - 27 September: The PRA published an update on Capital+ reporting requirements (as previously set out in PS32/16 'Responses to Chapter 3 of CP17/16 - forecast capital data') ahead of 1 October, when the requirements take effect.

    • Firms with a reporting deadline in December 2017 – the PRA will aim to contact firms w/c 25 October 2017 with details of what they need to know and do to use the live Bank of England Electronic Data Submission (BEEDS) portal to report their data.
    • Firms with a reporting deadline in January and February 2018 – following the update published on 31 July, the PRA will now contact firms w/c 9 October 2017 to confirm User Acceptance Testing (UAT) dates and provide details of what firms need to know and do ahead of UAT and BEEDS onboarding.
    • Firms with a reporting deadline in March 2018 and beyond – the PRA we will aim to provide an opportunity for UAT once a quarter in 2018. The PRA will contact firms directly with any details on UAT and/or what they need to know and do ahead of their reporting deadline.

    Firms should refer to the indicative timeline for further details on key activities leading up to their submission date. Between 1 October 2017 and the first time a firm's return is due under the new rules, the PRA asks firms to continue to submit Capital+ returns under any current voluntary arrangements. In future, following this update, the PRA will contact firms directly with relevant updates on Capital+ reporting. If firms have any queries in the meantime, they should contact their usual supervisory contact.

    Banks, building societies and investment firms - 18 September: The Bank published a public working draft (PWD) of the standalone ring-fencing taxonomy that will make up part of v3.0 of the Bank of England Banking XBRL Taxonomy, alongside related technical artefacts. This follows Policy Statement 3/17 ‘The implementation of ring-fencing: reporting and residual matters – responses to CP25/16 and Chapter 5 of CP36/16’. The taxonomy, data point model (DPM) dictionary, annotated templates and validation rules represent the requirements for reporting of ring-fencing data as set out in PS3/17. Firms and software vendors are invited to provide feedback on the PWD of the technical artefacts by Friday 6 October 2017. The PRA will aim to publish the final v3.0 Bank of England Banking XBRL taxonomy in Spring 2018. See the Taxonomy section below for more information. The PRA also confirms that the GABRIEL system will be used to collect ring-fencing reporting data.

    Banks, building societies and investment firms  - 15 September: The PRA published UK-specific reporting clarifications for FINREP Financial Statements templates. The clarifications are intended to help firms in complying with the financial statements reporting requirements, as set out in paragraph 2.9 of PS36/16 'Financial statements - responses to Chapter 3 of CP17/16'. The clarifications will be applicable to firms submitting from 2018 Q1 onwards

    Banks, building societies and investment firms  - 23 August:
    The Bank published an updated v1.1.0 of the Capital+ XBRL Utility and Bank of England Banking Annotated Templates, which include amendments following PS20/17 ‘Regulatory reporting: Responses to CP6/17’. See the Taxonomy section below for more information.

    Banks, building societies and investment firms - 16 August:
     The PRA issued an information request to firms subject to reporting requirements set out in Financial statements - responses to Chapter 3 of CP17/16 - Policy Statement (PS) 36/16 and IFRS 9: Changes to reporting requirements - PS18/17, which take effect from 1 January 2018. Specifically, the request is relevant to firms required to submit FINREP and PRA104-107 instead of FSA001, FSA002 and FSA014, and, depending on the accounting standard used, those required to submit certain FINREP templates instead of FSA015. The request, which has been sent to GABRIEL principle users, seeks information on the reporting schedules firms are planning to use, and requests responses by Friday 8 September 2017. Responses will enable the PRA to update reporting schedules on GABRIEL in advance of the 1 January 2018 effective date. Queries on the request should be sent to FinrepNotifications@bankofengland.co.uk.

    Banks, building societies and investment firms - 31 July: 
    The PRA provided an update on User Acceptance Testing (UAT) for the Bank of England Electronic Data Submission (BEEDS) portal for Capital+ reporting. For firms with a reporting deadline in January and February 2018, the PRA intends to provide a UAT environment in November/early December 2017. The indicative timeline for BEEDS onboarding has been updated to reflect this. The PRA will confirm exact dates for UAT in September. For remaining firms (with a reporting deadline of March 2018 and beyond), the PRA will aim to provide an opportunity for UAT once a quarter in 2018. If firms have any queries, for example, regarding their submission deadline, they should contact their usual supervisory contact.

    Banks, building societies and investment firms - 6 July: the PRA published IFRS 9: Changes to reporting requirements - PS18/17. The PS includes an update to SS34/15 ‘Guidelines for completing regulatory reports’. The PS also includes details of the following waivers, rule modifications and notifications:

    Banks, building societies and investment firms - 30 May: The PRA confirmed that firms subject to Capital+ reporting requirements will use the Bank of England's Electronic Data Submission (BEEDS) portal to submit the relevant Capital+ returns from 1 October 2017. This follows publication of PS32/16 'Responses to Chapter 3 of CP17/16 - forecast capital data' which sets out requirements for Capital+ reporting. By way of reminder, the Taxonomy and related technical artefacts firms will need to use to submit returns via BEEDS are available in the Taxonomy section on this webpage.

    Between 1 October 2017 and the first time a firm's return is due under the new rules, the PRA asks firms to continue to submit Capital+ returns under any current voluntary arrangements.

    Banks, building societies and investment firms - 28 April: the PRA published Ensuring operational continuity in resolution: reporting requirements - PS10/17. The PS includes a new data item and instructions for PRA109 ‘Operational Continuity’, effective from 1 January 2019. The PRA is aware that firms will need information on the precise mechanism by which that data will be collected to assist with implementation. The PRA will aim to provide firms with an update on this in Q4 2018.

    Banks, building societies and investment firms - 27 January: The PRA published a variation to previous Modifications by Consent to Leverage Ratio rule 1.2, Public Disclosure rule 1.1 and Reporting Leverage Ratio rule 1.2 on the Waivers and modification of rules webpage. Along with the Modification by Consent, the PRA issued the modified FSA083 data item, which is available under 'FSA data items' below.

  • 2016 updates

    Banks, building societies and investment firms - December 2016: Financial statements - responses to Chapter 3 of CP17/16 - PS36/16 includes the final rules for the new reporting requirements relating to balance sheet and P&L data in the Regulatory Reporting Part of the PRA Rulebook, an update to Supervisory Statement (SS)34/15, ‘Guidelines for completing regulatory reports’ and new PRA104-PRA108 returns and instructions effective from 1 January 2018. Firms should continue to use the returns and instructions in the ‘FSA data items’ table below until these take effect.

    Firms that do not have an accounting year end of 31 December 2017 can apply for a rule modification (via the modification by consent process) which would enable them to delay application of the new rules and new format reporting until the start of their financial year beginning in 2018. Firms that do not have an accounting year end of 31 December and wish to report on a schedule linked to their accounting reference date (ARD) can notify the PRA using the notification form available below.

    • Waiver by consent of regulatory reporting rules available at Waiver and modification of rules.
    • Request to report financial information (FINREP) and PRA104-PRA107 on accounting reference date (ARD)-linked basis (available under 'Financial Reporting (FINREP) notifications' below.

Banks, building societies and investment firms

The Prudential Regulation Authority (PRA) is responsible for the prudential regulation of banks, building societies and designated investment firms. Most of these firms are covered by the Capital Requirements Directive (CRD). This section includes information on:

How to report

Capital+  Firms subject to Capital+ reporting requirements will use the Bank of England's Electronic Data Submission (BEEDS) portal to submit the relevant Capital+ returns from 1 October 2017. 

Reporting via GABRIEL

 

Firms will receive a schedule telling them which reports are due and when. Capital Requirements Directive firms submit most of the regulatory reports required by the Regulatory Reporting, Close Links and Change in Control parts of the PRA Rulebook using GABRIEL.

GABRIEL

European Banking Authority remuneration data CRD firms should submit their High Earners and Remuneration Benchmarking reports via GABRIEL. Further information can be found on the Remuneration pages, or by sending an email to EBA.RemunerationData@bankofengland.co.uk.
Capital instruments: pre-issuance notification See Capital instruments: Pre-Issuance Notification for information and the notification form.
Prudent valuation This return should be submitted via email to: prudentvaluationreturns@bankofengland.co.uk.

  

Financial Reporting (FINREP) notifications

Firms required to report financial information (FINREP) must notify the PRA. Firms may use this notification form to do so. The form can be emailed to FinrepNotifications@bankofengland.co.uk.

As set out in Financial statements – responses to Chapter 3 of CP17/16 - Policy Statement (PS) 36/16, firms requesting to report balance sheet (FINREP templates 1.1, 1.2 and 1.3), statement of profit or loss (FINREP template 2.0), statement of comprehensive income (FINREP template 3.0) and data items PRA104-PRA107 on a schedule linked to their accounting reference date (ARD) should use the notification form below to do so. The form should be emailed to FinrepNotifications@bankofengland.co.uk.

ExcelRequest to report financial information (FINREP) and PRA104-PRA107 on ARD-linked basis

Firms should notify us using the form below (as set out in PRA Rulebook Reporting 19.3A (1)) if they wish to report the templates required by IFRS 9: changes to reporting requirements - PS18/17 (FINREP templates 4.3.1, 4.4.1, 5.1, 7.1, 9.1.1, 12.1, 12.2, 13.1, 18, 19, 20.4, 20.7) on a reporting schedule linked to their accounting reference date (ARD). The form should be emailed to FinrepNotifications@bankofengland.co.uk .

ExcelRequest for firm to report the PS18/17 FINREP templates on ARD-linked basis

We will continue to take into account the quality and timeliness of firm's CRD IV regulatory returns when assessing firm's risk management and controls. We may require firms to take mitigating actions or increase capital and liquidity add-ons if they submit poor quality data.

Data items, instructions and taxonomy

This section provides details of data items firms submit to the PRA, and supporting instructions and taxonomy including:

CRR data items and instructions

The Capital Requirements Regulation (CRR) introduced new requirements for harmonised reporting. Reporting scope, thresholds, reference dates and remittance dates can be found on the European Banking Authority website. This section lists pre-CRR items which continue to be reported following the introduction of CRR. Further information about changes to reporting as a result of the CRR can be found on the Financial Conduct Authority's website.

Form Name   Description Templates and instructions
 COR001  Own Funds and Leverage  See EBA website 
 COR002  Large exposures
 COR003  Net Stable Funding*
 COR005  Asset Encumbrance
 COR008  ALMM Counterbalancing
 COR009  Supervisory benchmarking portfolio
 COR010 Supervisory benchmarking Portfolio - initial market valuation 
 COR011  Liquidity coverage ratio (Delegated Act)
 COR012  Additional liquidity monitoring metrics - combined
 FRP001  Financial Reporting (FINREP)**
PRA data items and instructions

The table below outlines data items, instructions and their effective date.

 Name     Data item  Instructions  Effective date
 PRA101  Capital+ actuals and forecasts  PRA101  PRA101 instructions   1 October 2017
 PRA102  Capital+ forecast semi-annual  PRA102   PRA102 instructions
 PRA103  Capital+ forecast annual  PRA103

 PRA103 instructions

 PRA104  Balance sheet - forecast data (Assets)  PRA104 PRA104-106 instructions

 1 January 2018
 PRA105  Balance sheet - forecast data (Liabilities)  PRA105
 PRA106  Balance sheet - forecast data (Equity)  PRA106
 PRA107  Statement of profit or loss - forecast data  PRA107  PRA107 instructions
 PRA108  Memorandum items  PRA108  PRA108 instructions
 PRA109  Operational continuity  PRA109  PRA109 instructions  1 January 2019
 PRA110  Cash flow mismatch  To follow, see update of 15 January 2018 above  1 July 2018

 

RFB data items and instructions

The table below includes links to the data items and instructions, which take effect from 1 January 2019 for firms subject to ring fencing.

Name    Data item Instructions 
 RFB001  Intragroup exposures  RFB001  RFB001 instructions
 RFB002  Intragroup funding  RFB002  RFB002 instructions
 RFB003   Intragroup financial reporting (core)  RFB003  RFB003 and RFB004 instructions
 RFB004   Intragroup financial reporting (detailed breakdown)  RFB004
 RFB005   Joint and several liability arising from taxes  RFB005  RFB005 instructions
 RFB006   Excluded activity entities  RFB006  RFB006 instructions
 RFB007   Use of financial market infrastructures  RFB007  RFB007 instructions
 RFB008   Excluded activities and prohibitions  RFB008  RFB008 instructions
 FSA071  Firm information and Pillar 2A summary   FSA071 FSA071 instructions
 Guidance on terms used in data items FSA071 to FSA082  N/A  Guidance

 

Taxonomy

This section provides information on the taxonomy for Capital Requirements Directive (CRD) firms and the Bank of England XBRL taxonomy which should be used for regulatory submissions.

Bank of England Banking XBRL taxonomy - ring-fencing taxonomy feedback request
On Monday 18 September 2017 the Bank published a public working draft (PWD) of the standalone ring-fencing taxonomy that will make up part of v3.0 of the Bank of England Banking XBRL Taxonomy, alongside related technical artefacts. This follows Policy Statement 3/17 ‘The implementation of ring-fencing: reporting and residual matters – responses to CP25/16 and Chapter 5 of CP36/16’. The taxonomy, data point model (DPM) dictionary, annotated templates and validation rules represent the requirements for reporting of ring-fencing data as set out in PS3/17. Firms and software vendors are invited to provide feedback on the PWD of the technical artefacts to uktaxonomypwdfeedback@bankofengland.co.uk by Friday 6 October 2017. This PWD version should not be used for reporting. The PRA will aim to publish the final v3.0 Bank of England Banking XBRL taxonomy in Spring 2018. The PRA also confirms that the GABRIEL system will be used to collect ring-fencing reporting data.

 BoE Banking XBRL Taxonomy ring-fencing PWD Other Download zip file  
 BoE Banking DPM Dictionary ring-fencing PWD   Excel Download Excel
 BoE Banking Annotated Templates ring-fencing PWD   Excel Download Excel
 BoE Banking XBRL Taxonomy Validations ring-fencing PWD   Excel Download Excel

Please note the Bank of England will adopt the European Banking Authority (EBA) filing rules as published on the EBA website.

Capital+ XBRL utility and financial statements XBRL utility
Name     Taxonomy   Release notes
Financial statements XBRL utility The financial statements XBRL utility Excel spreadsheets contain the financial statements modules and templates that that can be used to generate XBRL submissions based on v2.0.0 of the Bank of England Banking XBRL taxonomy. Financial statements XBRL Utility v1.0.0 Release notes  for Financial statements XBRL Utility v1.0.0
Capital+ XBRL utility The Capital+ XBRL utility Excel spreadsheets contain the Capital+ templates that can be used to generate XBRL submissions based on v2.0.0 of the Bank of England Banking XBRL Taxonomy. Capital+ XBRL Utility v1.1.0 Release notes for Capital+ XBRL Utility v1.1.0
Bank of England Banking XBRL taxonomy v2.0.0

This version of the taxonomy, data point model (DPM) dictionary, annotated templates and validation rules cover the requirements for financial statements as set out in PS36/16 'Financial statements - responses to Chapter 3 of CP17/16' , which takes effect from 1 January 2018. It also covers the requirements for Capital+ reporting as set out in PS32/16 'Responses to Chapter 3 of CP17/16 - forecast capital data', which takes effect from 1 October 2017.

Bank of England Banking XBRL taxonomy v2.0.0    OtherDownload zip file
 Bank of England Banking DPM dictionary v2.0.0   ExcelDownload Excel  
 Bank of England Banking annotated templates v2.0.0   ExcelDownload Excel   
 Bank of England Banking XBRL taxonomy validations v2.0.0   ExcelDownload Excel   
 Bank of England sample XBRL files for v2.0.0   OtherDownload zip file
 Release notes for Bank of England Banking XBRL taxonomy v2.0.0   PDFDownload PDF    


Please note that we will adopt the European Banking Authority (EBA) filing rules as published on the EBA website.

FSA data items and instructions
 Name  Data item   Instructions
 FSA001

Balance sheet (only solo reporters and UK consolidated group reports
to which CRR Article 99(2) is not applicable)

 FSA001  FSA001 instructions
 FSA002 Income statement ((only UK consolidated group reporters to which
CRR Article 99(2) is applicable)
 FSA002  FSA002 instructions
 FSA005  Market risk  FSA005  FSA005 instructions
 FSA006   Market risk - supplementary data  FSA006  FSA006 instructions
 FSA011  Building society liquidity  FSA011  FSA011 instructions
 FSA014  Forecast data from firms  FSA014  FSA014 instructions
 FSA015  Sectoral information  FSA015  FSA015 instructions
 FSA016  Solo consolidated data  FSA016  FSA016 instructions
 FSA017  Interest rate gap report  FSA017  FSA017 instructions
 FSA018  UK integrated group - large exposures  FSA018  FSA018 instructions
 FSA045  Internal Ratings Based (IRB) portfolio risk  FSA045  FSA045 instructions
 FSA047 Daily flows (the UK liquidity reporting regime will exist alongside
the CRR liquidity reporting regime)
 FSA047  FSA047 instructions
 FSA048  Enhanced mismatch report (the UK liquidity reporting regime will
exist alongside the CRR liquidity reporting regime)
 FSA048  FSA048 instructions
 FSA071  Firm information and Pillar 2A summary**  FSA071  FSA071 instructions
 FSA072  Pillar 2 Operational risk historical losses  FSA072  FSA072 instructions
 FSA073  Pillar 2 Operational risk historical loss details  FSA073  FSA073 instructions
 FSA074  Pillar 2 Operational risk forecast losses  FSA074  FSA074 instructions
 FSA075  Pillar 2 Operational risk scenario data   FSA075  FSA075 instructions
 FSA076  Pillar 2 Credit risk standardised approach wholesale*  FSA076  FSA076 instructions
 FSA077  Pillar 2 Credit risk standardised approach retail*  FSA077  FSA077 instructions
 FSA078  Pillar 2 Concentration risk minimum data requirements**  FSA078  FSA078 instructions
 FSA079  Pillar 2 Concentration risk additional data requirements  FSA079  FSA079 instructions
 FSA080  Pillar 2 Market risk   FSA080  FSA080 instructions
 FSA081  Pillar 2 Pension risk  FSA081  FSA081 instructions
 FSA082  Pillar 2 Credit risk IRB retail   FSA082  FSA082 instructions
 FSA083  Leverage Ratio template  FSA083  FSA083 instructions
 Modified FSA083  Modified Leverage Ratio template  Modified FSA083  Instructions included within data item
 FSA084  Leverage Ratio Transitional Template  FSA084  FSA084 instructions
 PV001  Prudent Valuation  PV001  PV001 instructions
 REP001  Close Links Report - Annual  REP001  REP001 instructions
 REP001a  Close Links Report - Monthly  REP001a  REP001a instructions
 REP002  Controllers Report  REP002  REP002 instructions

* A mapping table for data items FSA076 to FSA077 is available below.

Other FSA data item related documents
Mapping for data item FSA076 and FSA077   PDFDownload PDF 

Notes on submitting the Pillar 2 data items

 PDFDownload PDF
Guidance on terms used in data items FSA071 to FSA082   PDFDownload PDF
Notes on submitting leverage ratio data
 PDFDownload PDF

**For information only, the following documents have been updated ahead of the implementation of ring-fencing, and will take effect from 1 January 2019:

 FSA071 - Firm information and Pillar 2A summary template    PDFDownload PDF 
 FSA071 - Firm information and Pillar 2A summary instructions   PDFDownload PDF
 Guidance on terms used in data items FSA071 to FSA082   PDFDownload PDF
 FSA078 - Pillar 2 concentration risk minimum data requirements   PDFDownload PDF

 

Pillar 2 reporting schedule

Versions of the Pillar 2 reporting schedule with their effective date are shown below:

Date of publication Reporting schedule  Update detail  Effective from 
 Current version
 7 July 2016 Pillar 2 reporting schedule  Updated following PS20/16 ‘The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures’.  7 July 2017
 Future version
 3 October 2017 Pillar 2 reporting schedule  This version was published alongside PS22/17 ‘Refining the PRA’s Pillar 2A capital framework’.  1 January 2018
 Past version - please see below for information only
 29 July 2015 Pillar 2 reporting schedule  Original version for SS32/15 ‘Pillar 2 reporting, including instructions for completing data items FSA071 to FSA082’.  No longer effective

 

Reporting clarifications

December 2014

On 12 December 2014, the PRA published two reporting clarifications to be applied by firms for reporting from 2015 Q1. These are technical clarifications where the PRA has discretion to determine prudential standards and are therefore not specified in the instructions in the implementing technical standards for the COREP templates.

Template CA3 - Capital ratios and Pillar II adjustments   PDF Download PDF
Templates CA1 and CA5.1 - Deductions for significant investments PDF Download PDF

 

September 2014

On 30 September 2014, the PRA issued clarifications of reporting instructions for EBA template C 04.00 (CA4) relating to own funds requirements related to Pillar II adjustments. The PRA is aware that the instructions for template C 04.00 (CA4) are not being interpreted consistently, and the PRA is unable to use data from many of the early submissions.
PDF Template CA4 - Clarification of reporting instructions

Large Exposures Clarification: The PRA has issued interim clarifications of reporting instructions for EBA templates C28 and C29 relating to Large Exposures. The PRA is aware that the instructions for templates C28 and C29 are not clear, and the PRA is unable to use data from many of the early submissions. We are currently working with the EBA to clarify the instructions. While awaiting EBA’s revised instructions, the PRA has issued interim clarifications.

PDF Templates C28 and C29 - Interim clarifications

Credit unions 

This section provides information on the reporting requirements for credit unions, including:

How to submit returns through the BEEDS portal

Credit unions must use the 'Bank of England Electronic Data Submission' (BEEDS) portal to submit the required quarterly and annual returns.

Principal users

Credit unions nominate a principal user who is responsible for making their firm's submissions to the BEEDS portal. We liaise with the credit union’s nominated principal user for all matters related to BEEDS.

Accessing BEEDS

Principal users are provided with log in details for the BEEDS portal and additional users can then be set up. Materials are available below, to help credit unions familiarise themselves with the BEEDS portal.

 User guide   PDFDownload PDF 
 Contact card  PDFDownload PDF 


Forms and notes

Excel templates for the quarterly return (Form CQ) and annual return (Form CY), as well as notes for completing returns are available here.

Form CQ should be submitted within one month of the end of the quarter to which it relates.

Form CY and audited annual accounts should be submitted within six months of the credit union's financial year end. For credit unions offering interest-bearing shares, confirmation must be submitted after each financial year end as outlined in the Credit Unions Act 1979, Section 7(A)(A) and (2).

Credit unions should refer to the notes below when completing their returns.

Form CQ  ExcelDownload Excel
Form CY  ExcelDownload Excel 
Notes for completing the quarterly and annual returns (CQ and CY)   PDFDownload PDF 

Reporting clarifications

The PRA published a document outlining reporting clarifications following feedback received on the Bank of England's Electronic Data Submission (BEEDS) portal. The document covers three main areas:

  1. validation and plausibility
  2. completing the return itself
  3. who to contact with queries.

Nothing in the document represents a change in policy from the reporting regime set out in Credit union regulatory reporting - PS31/16. The PRA has also published updated templates which include several technical improvements and are available in the credit unions section below. Please note, credit unions who have already submitted their returns using the templates issued via BEEDS in mid-January do not need to resubmit them. See the document below for more information.

PDFCredit union reporting - clarifications  

Regulatory reporting to the FCA

Credit unions that report the Mortgage Lenders and Administrators Return (MLAR) do so via the GABRIEL system.

Credit unions should send their complaints reports and Product Sales Data (PSD) reporting to the Financial Conduct Authority (FCA).

Visit the FCA website for more information.

FCA website

Contact

If you have any queries on regulatory reporting contact the Firm Enquiries Team:

Phone: 020 3461 7000

Email: PRA.FirmEnquiries@bankofengland.co.uk

Technical queries about the GABRIEL system are handled by the Financial Conduct Authority (FCA). Firms experiencing systems issues should contact the FCA Contact Centre in the first instance on 0845 606 9966.

This page was last updated 17 January 2018
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