Regulatory Alerts2022-05-31
Order on Reporting Coverage Requirements, Over-coverage Requirements and Liquidity Buffers
The Danish Financial Supervisory Authority issued this Order to implement EU Directive 2019/2162, requiring mortgage credit institutions, banks, and ship financing institutes to report coverage and liquidity metrics. Institutions must calculate and submit data on coverage requirements, over-coverage requirements, and liquidity buffers for each bond series or group using the prescribed schedule. Reports are due within 20 working days after the first three quarters and within 30 working days after the fourth quarter, with penalties for non-compliance.
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