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 updates

12 October: We published Consultation Paper (CP) 22/18 ‘Liquidity reporting: FSA047 and FSA048’. This CP is relevant to banks, building societies, and PRA-designated investment firms. This consultation closes on Monday 12 November 2018. The PRA invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to CP22_18@bankofengland.co.uk.

12 October: The PRA confirms that it is using its new individual risk methodologies as set out in Statement of Policy ‘Pillar 2 liquidity’ in liquidity reviews. They are being applied at the current glide path factor.

We have previously stated our intention to set out proposals on the overall calibration of the liquidity framework in 2018. However, we have taken the decision to postpone finalisation of our proposals in order to conduct further analysis on the appropriate level of liquidity guidance. This includes the potential for some recognition in the Pillar 2 liquidity framework of the ability to draw on Bank of England liquidity facilities, where firms have access arrangements and appropriate collateral in place.

1 October: Following Policy Statement (PS) 8/18 ‘Pillar 2: Updates to reporting requirements’ updated versions of Statement of Policy ‘The PRA’s methodologies for setting Pillar 2 capital’ and SS32/15 ‘Pillar 2, including instructions for completing data items FSA071 to FSA082, and PRA 111’ have come into effect. The Pillar 2 reporting schedule has also been updated, and is available below.

28 September: Following the publication of the final PRA110 template and associated reporting instructions in Policy Statement (PS) 2/18 ‘Pillar 2 liquidity’, we have received a number of additional questions from firms regarding the template and reporting instructions. We have decided to publish answers to these questions (‘Q&As’) periodically, where questions received highlight a need to clarify the reporting instructions or rules. This document is version 1 of the PRA110 Q&As and covers responses on questions related to monetisation rows.

In addition, having considered feedback from firms, we have reviewed the currency reporting basis for the interim reporting period: firms should only submit on an all-currency basis and for US Dollars (USD), where USD is a material currency.

For more information see the Interim reporting of PRA110 section.

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.

Transition to v2.7 and v2.8 of EBA FINREP taxonomy

In order to assist firms’ planning for their upcoming regulatory reporting requirements, we have produced a graphic explaining when firms should transition to using v2.7 and v2.8 of the EBA’s reporting taxonomy for FINREP (see ‘EBA regulatory reporting: FINREP reporting taxonomy implications’ below). We appreciate that where firms align their FINREP reporting to their accounting reference date (ARD) this could cause confusion about when firms should report using v2.7, and then report using v2.8, as while firms’ implementation of v2.7 was generally aligned to their ARD, v2.8 has an implementation date of 31 December 2018. This graphic explains how firms can determine when they should use v2.7 and v2.8, based on their ARD, which will enable them to submit their reports via the correct entry point, avoiding submission issues.

In some cases firms should note that they may implement v2.8 shortly after implementation of v2.7, and in rare cases may not even need to submit any reports on v2.7 before moving onto v2.8. As v2.7 represents a significant change to the reporting compared with v2.6 whereas the migration from v2.7 to v2.8 represents only an incremental change, it follows that moving from v2.6 to v2.7 and then quickly to v2.8 will not be materially more burdensome than moving straight from v2.6 to v2.8, and additional resources required to implement v2.8 should only be incremental to those required for v2.7.

PDFEBA regulatory reporting - FINREP reporting taxonomy implications

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 PRA110 PRA110 instructions  1 July 2019 
PRA111 Stress test data PRA111  PRA111 instructions 1 October 2018


Interim reporting of PRA110

In this section, we include key updates and information related to the interim reporting of PRA110.

12 October: We published Consultation Paper (CP) 22/18 ‘Liquidity reporting: FSA047 and FSA048’. This CP is relevant to banks, building societies, and PRA-designated investment firms. This consultation closes on Monday 12 November 2018. The PRA invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to CP22_18@bankofengland.co.uk.

28 September: Following the publication of the final PRA110 template and associated reporting instructions in Policy Statement (PS) 2/18 ‘Pillar 2 liquidity’ , we have received a number of additional questions from firms regarding the template and reporting instructions. We have decided to publish answers to these questions (‘Q&As’) periodically, where questions received highlight a need to clarify the reporting instructions or rules. This document is version 1 of the PRA110 Q&As and covers responses on questions related to monetisation rows.

PDFPRA110 reporting template and instructions: Q&As (Version 1)

28 September: On Thursday 12 July 2018, we communicated that during the interim reporting for the PRA110 reporting template firms should submit the returns on an all-currency basis and for the three single largest material currencies, or fewer if appropriate. Having considered feedback from firms, we have reviewed the currency reporting basis for the interim reporting period: firms should only submit on an all-currency basis and for US Dollars (USD), where USD is a material currency. With the exception of the extra time for firms to make their first submission on Friday 30 November 2018 (to implement the hotfix issued on Friday 31 August), all other aspects of the interim reporting period communicated on Thursday 12 July 2018 are unchanged. These include that firms should submit PRA110 in the XBRL format via GABRIEL, for material UK subsidiaries only.

Please email any questions to your supervisors and copy in LiquidityPillar2ReportingProjectQueries@bankofengland.gsi.gov.uk.

31 August: To assist firms with their submission of PRA110, we published a taxonomy release note alongside v3.1.1 of our XBRL taxonomy, data point model (DPM) and taxonomy validations – see the Taxonomy section.

12 July: Following our email to participating firms, we provided further information on the timing and basis of interim reporting for the introduction of PRA110.

By way of background, in Policy Statement 2/18 ‘Pillar 2 liquidity’ the PRA introduced methodologies for the assessment of Pillar 2 liquidity risks and a cashflow mismatch risk (CFMR) framework. PRA110 is the new reporting template associated with the CFMR. On 17 January 2018, we updated this webpage to set out that, due to the postponement of the introduction of the PRA110 from 1 January 2019 to 1 July 2019, the interim reporting period would similarly be postponed until September 2018 at the earliest. Specific firms have been contacted to let them know of our intention to commence interim test reporting of the PRA110 and to request their firm’s participation. This update provides additional information on the timing and basis of interim reporting for participating firms.  

Timelines and approach

Data submissions for the testing period will commence with end October 2018 data being collected in November 2018. During this time, the PRA110 should be submitted with existing FSA047 and FSA048 returns.

  • For firms currently reporting FSA047 and FSA048 on a monthly basis, please report the PRA110 as at the calendar month end. The submission is due within 15 business days of the reporting date.
  • For firms currently reporting FSA047 and FSA048 on a weekly basis, please report the PRA110 once per month, reporting data as at the last Friday of the month (in line with the FSA047 and FSA048 returns). The submission is due within 15 business days of the calendar month end.

Firms should submit the PRA110 on the following reporting basis:

  • submit on an all-currency basis and for the three single largest material currencies, or fewer if appropriate; and
  • submit PRA110 only for material UK subsidiaries (these will be selected in consultation with firms’ supervisors).

This will enable firms to:

  • assess their own internal processes for the production of the PRA110 returns;
  • assess that in-scope submissions pass the Gabriel blocking validation rules; and
  • demonstrate the accuracy of their PRA110 data ahead of FSA047 and FSA048 being switched off.

How to submit PRA110

To assist firms with their submission of PRA110, we published v3.0.0 of its XBRL taxonomy, data point model (DPM) and related technical artefacts on Friday 20 April 2018 (see below). We are aiming to have firms submit the PRA110 returns in the XBRL format via Gabriel.

How to contact us during the interim reporting period

We will collate questions from participating firms before issuing any updates to FAQ as and when common queries arise. This will also be supplemented by individual periodic responses from supervisors.

Please email questions to your supervisors and copy in LiquidityPillar2ReportingProjectQueries@bankofengland.gsi.gov.uk.

20 April: We published v3.0.0 of the Bank of England Banking XBRL taxonomy, alongside related technical artefacts. This includes the taxonomy for Pillar 2 liquidity (‘Pillar 2’) which follows PS2/18 ‘Pillar 2 liquidity’ published on 23 February 2018. Please note: the GABRIEL system will be used to collect Pillar 2 reporting data.

23 February: We published PRA110 template and reporting instructions alongside PS2/18 ‘Pillar 2 liquidity’ and SS34/15 ‘Guidelines for completing regulatory reports’. The PRA110 template and reporting instructions will take effect from 1 July 2019. 

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 - and PRA111 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 v3.1.1

This version of the taxonomy, data point model (DPM) dictionary, annotated templates and validation rules are a corrective release for Pillar 2 liquidity (‘Pillar 2’) data as set out in Policy Statement 2/18 ‘Pillar 2 liquidity’ published on 23 February 2018.

The ‘liquidity_pillarii/2018-09-01’ entry point is being amended and therefore taxonomy package 3.1.1 should be treated as a hotfix rather than a new release. Pillar 2 liquidity reporting must only be prepared using this version rather than v3.0.0 or v3.1.0.

Details of the changes can be found in the ‘Bank of England Banking taxonomy release note v3.1.1’.

To allow firms participating in interim collections extra time to implement this hotfix, we are requesting the first submission on Friday 30 November 2018. By way of reminder:

  • For firms currently reporting FSA047 and FSA048 on a monthly basis, please report the PRA110 as at the calendar month end. 
  • For firms currently reporting FSA047 and FSA048 on a weekly basis, please report the PRA110 once per month, reporting data as at the last Friday of the month (in line with the FSA047 and FSA048 returns). 

The submission schedule will revert to that set out in our update of 12 July 2018 (see ‘2018 news’).

Please note: the BEEDS system will be used to collect MREL reporting data. The Bank will contact firms to request some basic details to grant access to the BEEDS portal. This will include a request for the nomination of a ‘principal user’ who will be the main contact for the firm with respect to BEEDS, register additional users, and submit returns. Firms should ensure they respond to the request by the deadline given, even where the principal user for MREL reporting is an existing user of BEEDS. Following this, further instructions on how to access BEEDS and an information guide will be sent directly to the nominated principal user. 

The taxonomies for ring-fencing, Pillar 2 liquidity, financial statements and Capital+ reporting are unchanged from v3.0.0 of the Bank of England Banking XBRL taxonomy.

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

Bank of England Banking XBRL taxonomy v3.0.0

This version of the taxonomy, data point model (DPM) dictionary, annotated templates and validation rules covers the requirements for reporting of:

Please note: the GABRIEL system will be used to collect Pillar 2 reporting data and the ring-fencing data. The taxonomies for financial statements and Capital+ reporting are unchanged from v2.0.0 of the Bank of England Banking XBRL taxonomy.

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

Capital+ XBRL utility and financial statements XBRL utility

Name   Utility  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 v1.0.1 Release notes  for Financial statements XBRL Utility v1.0.1
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.

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

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

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
30 April 2018 Pillar 2 reporting schedule Updated following PS8/18 'Pillar 2: updates to reporting requirements'  1 October 2018
 Past version - please see below for information only
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
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’. No longer effective
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.

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.

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.

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

Branch Return Form

We published the Branch Return Form in Policy Statement (PS) 8/15 ‘Supervising international banks: the Branch Return’ (April 2015). The PS was addressed to all PRA-supervised firms operating in the United Kingdom which are not UK-headquartered firms, as well as to any firm looking to operate in the United Kingdom in the future.

Excel Branch Return Form

On Tuesday 10 July we issued an update to likely affected firms. We wanted to draw attention to a proposed change to the Branch Return Form. This change asks firms to indicate the accounting standard applied by them in cell H30 in the Cover tab, as shown in the amended form (see below). We will shortly consult on this change to the existing form. Unless and until the relevant rule is amended the form in the PRA Rulebook remains unchanged and, therefore, use of the amended form and provision of the additional information is not mandatory. However, we would be grateful if firms are able to use the amended form from now onwards. As this change is an addition to the existing form, we consider that firm’s use of the amended form will comply with the requirement in the PRA Rulebook to provide information in accordance with the existing Branch Return Form. We ask that when submitting the Branch Return Form firms do not make any change to the structure or format of the file, and do not password protect it.

ExcelBranch Return Form - amended July 2018

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.

Supervisory disclosures

The PRA is required, as a competent authority, to publish information on rules and guidance, options and discretions, supervisory review and evaluation process (SREP), and aggregate statistical data, alongside submitting the information to the European Banking Authority (EBA) in line with Article 143 of Directive 2013/36/EU (CRD IV) and Commission Implementing Regulation 650/2014 (see the National Archives for information relating to 2014-2016). The purpose of publishing such information is to enable a comparison of the approaches adopted by the competent authorities of the different Member States; consolidated data can be found on the EBA's website.

Banking disclosures required by the PRA as a competent authority, published on 31 July 2018.

Working with the Financial Conduct Authority

We work with the Financial Conduct Authority (FCA) to make sure the regulatory reporting processes for dual-regulated firms are efficient. We want to ensure that firms are only asked to submit data sets once and, to help achieve this, we will share data where it is appropriate to do so. We will also share data on firms that are not dual-regulated where necessary, to ensure that we each have a complete view of the market.

A memorandum of understanding between the FCA and the Prudential Regulation Authority (PRA) sets out how we will work together.

The Memorandum of Understanding obliges us to consult each other on changes to data/forms that are collected regularly, including the use of shared data definitions; and, the management of data systems to allow for efficient sharing. 

Much regulatory data for PRA firms continues to be collected by the FCA. This includes reporting via the FCA’s GABRIEL system, the submission of firms’ controllers and close links reports and the reporting of changes to firms’ standing data.

Statistical reporting obligations have not changed.

  • Regulatory reporting banking sector updates - 2018

    12 October: We published Consultation Paper (CP) 22/18 ‘Liquidity reporting: FSA047 and FSA048’. This CP is relevant to banks, building societies, and PRA-designated investment firms. This consultation closes on Monday 12 November 2018. The PRA invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to CP22_18@bankofengland.co.uk.

    12 October: The PRA confirms that it is using its new individual risk methodologies as set out in Statement of Policy ‘Pillar 2 liquidity’ in liquidity reviews. They are being applied at the current glide path factor.

    We have previously stated our intention to set out proposals on the overall calibration of the liquidity framework in 2018. However, we have taken the decision to postpone finalisation of our proposals in order to conduct further analysis on the appropriate level of liquidity guidance. This includes the potential for some recognition in the Pillar 2 liquidity framework of the ability to draw on Bank of England liquidity facilities, where firms have access arrangements and appropriate collateral in place.

    1 October: Following PS8/18 ‘Pillar 2: Updates to reporting requirements’ updated versions of Statement of Policy ‘The PRA’s methodologies for setting Pillar 2 capital’ and SS32/15 ‘Pillar 2, including instructions for completing data items FSA071 to FSA082, and PRA 111’ have come into effect. The Pillar 2 reporting schedule has also been updated, and is available above.

    28 September: Following the publication of the final PRA110 template and associated reporting instructions in Policy Statement (PS) 2/18 ‘Pillar 2 liquidity’, we have received a number of additional questions from firms regarding the template and reporting instructions. We have decided to publish answers to these questions (‘Q&As’) periodically, where questions received highlight a need to clarify the reporting instructions or rules. This document is version 1 of the PRA110 Q&As and covers responses on questions related to monetisation rows.

    In addition, having considered feedback from firms, we have reviewed the currency reporting basis for the interim reporting period: firms should only submit on an all-currency basis and for US Dollars (USD), where USD is a material currency.

    For more information see the Interim reporting of PRA110 section.

    31 August: To assist firms with their submission of PRA110, we published a taxonomy release note alongside v3.1.1 of our XBRL taxonomy, data point model (DPM) and taxonomy validations – see the Taxonomy section below. 

    12 July: Following our email to participating firms, we provided further information on the timing and basis of interim reporting for the introduction of PRA110.

    By way of background, in Policy Statement 2/18 ‘Pillar 2 liquidity’ the PRA introduced methodologies for the assessment of Pillar 2 liquidity risks and a cashflow mismatch risk (CFMR) framework. PRA110 is the new reporting template associated with the CFMR. On 17 January 2018, we updated this webpage to set out that, due to the postponement of the introduction of the PRA110 from 1 January 2019 to 1 July 2019, the interim reporting period would similarly be postponed until September 2018 at the earliest. Specific firms have been contacted to let them know of our intention to commence interim test reporting of the PRA110 and to request their firm’s participation. This update provides additional information on the timing and basis of interim reporting for participating firms.  

    Timelines and approach

    Data submissions for the testing period will commence with end October 2018 data being collected in November 2018. During this time, the PRA110 should be submitted with existing FSA047 and FSA048 returns.

    • For firms currently reporting FSA047 and FSA048 on a monthly basis, please report the PRA110 as at the calendar month end. The submission is due within 15 business days of the reporting date.
    • For firms currently reporting FSA047 and FSA048 on a weekly basis, please report the PRA110 once per month, reporting data as at the last Friday of the month (in line with the FSA047 and FSA048 returns). The submission is due within 15 business days of the calendar month end.

    Firms should submit the PRA110 on the following reporting basis:

    • submit on an all-currency basis and for the three single largest material currencies, or fewer if appropriate; and
    • submit PRA110 only for material UK subsidiaries (these will be selected in consultation with firms’ supervisors).

    This will enable firms to:

    • assess their own internal processes for the production of the PRA110 returns;
    • assess that in-scope submissions pass the Gabriel blocking validation rules; and
    • demonstrate the accuracy of their PRA110 data ahead of FSA047 and FSA048 being switched off.

    How to submit PRA110

    To assist firms with their submission of PRA110, we published v3.0.0 of its XBRL taxonomy, data point model (DPM) and related technical artefacts on Friday 20 April 2018 (see below). We are aiming to have firms submit the PRA110 returns in the XBRL format via Gabriel. 

    How to contact us during the interim reporting period

    We will collate questions from participating firms before issuing any updates to FAQ as and when common queries arise. This will also be supplemented by individual periodic responses from supervisors.

    Please email questions to your supervisors and copy in LiquidityPillar2ReportingProjectQueries@bankofengland.gsi.gov.uk.

    10 July: We published an amended Branch Return Form. We will shortly consult on the change to the existing form. Until then, we would be grateful if firms are able to use the amended form from now onwards. See Branch Return Form below. 

    5 July: We published v3.1.0 of the Bank of England Banking XBRL taxonomy, alongside related technical artefacts. This taxonomy is to be used for MREL reporting which follows Policy Statement 11/18 ‘Resolution planning: MREL reporting’, published on 13 June 2018. This will take effect from Tuesday 1 January 2019.

    Please note: the BEEDS system will be used to collect MREL reporting data. The Bank will contact firms to request some basic details to grant access to the BEEDS portal. This will include a request for the nomination of a ‘principal user’ who will be the main contact for the firm with respect to BEEDS, register additional users, and submit returns. Firms should ensure they respond to the request by the deadline given, even where the principal user for MREL reporting is an existing user of BEEDS. Following this, further instructions on how to access BEEDS and an information guide will be sent directly to the nominated principal user.

    13 June: We published Policy Statement 11/18 ‘Resolution planning: MREL reporting’ and Supervisory Statement 19/13 UPDATE ‘Resolution planning’. The appendix to the updated SS19/13 includes MREL reporting templates and guidance that will take effect from Tuesday 1 January 2019. For submission purposes, firms are referred to the Bank’s website for the MREL-related taxonomy and any additional materials and updates. As noted on 3 May 2018, we will aim to publish the final version of the taxonomy and DPM in Summer 2018.

    In preparation, the Bank will contact firms to request some basic details to grant access to the BEEDS portal. This will include a request for the nomination of a ‘principal user’ who will be the main contact for the firm with respect to BEEDS, register additional users, and submit returns. Firms should ensure they respond to the request by the deadline given, even where the principal user for MREL reporting is an existing user of BEEDS. Following this, further instructions on how to access BEEDS and an information guide will be sent directly to the nominated principal user.

    3 May: We published a public working draft (PWD) of the standalone MREL reporting taxonomy that will make up part of the Bank’s Banking XBRL taxonomy, alongside related technical artefacts. The taxonomy, data point model (DPM) dictionary, annotated templates and validation rules represent the requirements for MREL reporting, as mentioned in Consultation Paper 1/18 'Resolution planning: MREL reporting'. Firms and software vendors are invited to provide feedback on the PWD of the taxonomy and DPM artefacts by 17 May 2018. We will aim to publish the updated Banking XBRL taxonomy in Summer 2018 See the Taxonomy section below for more information. Please note: the BEEDS system will be used to collect MREL reporting data.

    30 April: Alongside PS8/18 ‘Pillar 2: Update to reporting requirements’ we published:

    • PRA111 data item and instructions
    • Updated Guidance on terms used in data items FSA071 to FSA082, and PRA111*
    • Updated Pillar 2 reporting schedule 

    *Note: the effective version as at 30 April 2018 is available under ‘Other FSA data item related documents. The version effective from 1 January 2019, which incorporates reporting for ring-fenced banks, is available under ‘RFB data items and instructions’

    26 April: We published v1.0.1 of the financial statements XBRL utility that contains a fix for the commonly reported bug in v1.0.0, where the incorrect firm reference number (FRN) was being entered into the XBRL code. See the 'Capital+ XBRL utility and financial statements XBRL utility' section below.

    20 April: We published v3.0.0 of the Bank of England Banking XBRL taxonomy, alongside related technical artefacts. This includes the taxonomy for ring-fencing which follows Policy Statement 3/17 ‘The implementation of ring-fencing: reporting and residual matters – responses to CP25/16 and Chapter 5 of CP36/16’ published on 1 February 2017, and the taxonomy for Pillar 2 liquidity (‘Pillar 2’) which follows PS2/18 ‘Pillar 2 liquidity’ published on 23 February 2018. Please note: the GABRIEL system will be used to collect Pillar 2 reporting data and the ring-fencing data.

    The taxonomies for financial statements and Capital+ reporting are unchanged from v2.0.0 of the Bank of England Banking XBRL taxonomy.

    7 March: We published a public working draft (PWD) of v3.0.0 of the Bank of England Banking XBRL taxonomy, alongside related technical artefacts. This includes the taxonomy for Pillar 2 liquidity (‘Pillar 2’) which follows Policy Statement (PS) 2/18 'Pillar 2 liquidity' published on 23 February 2018 and the taxonomy for ring-fencing which follows PS3/17 'The implementation of ring-fencing: reporting and residual matters - responses to CP25/16 and Chapter 5 of CP36/16' published on 1 February 2017. The taxonomy, data point model (DPM) dictionary, annotated templates and validation rules represent the requirements for reporting of Pillar 2 data as set out in PS2/18 and for 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 Tuesday 20 March 2018. We will aim to publish the final v3.0.0 Bank of England XBRL taxonomy in April 2018. See the Taxonomy section below for more information. Please note: the GABRIEL system will be used to collect Pillar 2 reporting data and the ring-fencing data.

    The taxonomies for financial statements and Capital+ reporting are unchanged from v2.0.0 of the Bank of England Banking XBRL taxonomy.

    23 February: We published PRA110 template and reporting instructions alongside PS2/18 ‘Pillar 2 liquidity’  and SS34/15 ‘Guidelines for completing regulatory reports’. The PRA110 template and reporting instructions will take effect from 1 July 2019. For information and updates on upcoming public working drafts and taxonomies, please refer to this page.

    Separately, we also made minor updates to RFB001 - RFB008 instructions. The ‘Units’ section in each set of reporting instructions has been updated to clarify the precision required for reporting.

    7 February: The Bank of England Electronic Data Submission (BEEDS) user guide has been updated to incorporate changes that have been made as part of ongoing system maintenance, as well as important information regarding account practices. Credit unions using the BEEDS portal should familiarise themselves with this document. 

    PDF BEEDS portal user guide - Credit unions

    31 January: Minor updates have been made to PRA102 instructions and PRA103 instructionsFollowing receipt of the first PRA102 and PRA103 returns and queries from firms, we have provided more clarity in the ‘Reporting periods’ section on which columns firms should complete. Expanded examples of reporting annual and semi-annual data are also included. 

    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.

  • Regulatory reporting banking sector updates - 2017

    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.

    ExcelUK - Specific reporting clarifications for FINREP Financial Statements templates

    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.

  • Regulatory reporting banking sector updates - 2016

    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.
  • Regulatory reporting banking sector updates - 2015

    Banks, building societies and investment firms - 30 April: The PRA published Supervising international banks: the Branch Return – PS8/15 setting out a rule requiring incoming firms and third country firms to submit a Branch Return on a six monthly basis. The Branch Return will provide the PRA with information about the UK activities of these firms.

    ExcelBranch return template
     

This page was last updated 12 October 2018
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