Decree No. 325/2019 Coll. amending Decree No. 346/2013 Coll. on reporting by banks and branches of foreign banks to the Czech National Bank

325 DECREED on 3 December 2019, amending Decree No. 346/2013 Coll. on the submission of statements by banks and branches of foreign banks to the Czech National Bank, as amended by subsequent regulations

The Czech National Bank, pursuant to Section 41(3) of Act No. 6/1993 Coll., on the Czech National Bank, as amended by Act No. 227/2013 Coll., has determined as follows:

Article I

Decree No. 346/2013 Coll. on the submission of statements by banks and branches of foreign banks to the Czech National Bank, as amended by Decree No. 216/2014 Coll. and Decree No. 300/2015 Coll., is amended as follows:

1. Letter b) in Section 2 is deleted. Existing letter c) is designated as letter b).

2. A new Section 2a is inserted after Section 2, which, including the heading above the designation Section 2a, reads:

"Statements of a bank and a branch of a foreign bank on an individual basis Section 2a A bank and a branch of a foreign bank shall prepare and submit no later than 8 o'clock on the working day following the business day in question, a statement CEO (ČNB) 1-98 'Daily statement on uninsured one-day deposits'."

3. The heading above the designation Section 3 is deleted.

4. In Section 3(1), at the end of letter d), a comma is replaced by the word "and".

5. In Section 3(1), letter e) reads: "e) within 25 days after the end of the calendar month to which it relates, the statement FIN (IND) 01-12 'Financial Information (FINREP) on an individual basis'."

6. In Section 3(1), letter f) is deleted.

7. In Section 3, paragraph 2 reads: "(2) The statement referred to in paragraph 1 letter e) prepared for a) March, June, and September shall be submitted within 37 days after the end of the calendar month to which it relates, b) December shall be submitted by 10 February of the following year."

8. In Section 4(1) letter d) point 3, the words "mortgage-backed securities" are replaced by the words "covered bonds".

9. In Section 4(1) letter e), at the end of point 2, a comma is replaced by the word "and".

10. In Section 4(1), at the end of letter f), the word "and" is replaced by a full stop, and letter g) is deleted.

11. In Section 4(4), the words "e) to g)" are replaced by the words "e) and f)".

12. In Section 5, at the end of letter c), a comma is replaced by the word "and".

13. In Section 5, at the end of letter d), the word "and" is replaced by a full stop, and letter e) is deleted.

14. In Section 6(2) letter b), the text "FPS (ČNB) 10-01" is replaced by the text "FP (IND) 01-01" and the words "on an individual basis" are added after the word "bank".

15. In Section 7(1) letter b), the text "FPK (ČNB) 10-01" is replaced by the text "FP (CON) 01-01".

16. In Section 8(1), the words "and f)" are deleted and the words ", Section 6(2) letter b) and Section 7(1) letter b)" are inserted after the words "letter f)".

17. In Section 8(2), the text "Section 3" is replaced by the text "Section 2a".

18. In Section 9(1) first sentence, the words "and statement PLS (ČNB) 10-01" are replaced by the words ", statement PLS (ČNB) 10-01 and statement CEO (ČNB) 1-98".

19. Section 11, including the heading, reads:

"Section 11 Method and form of submitting statements (1) A bank and a branch of a foreign bank shall submit to the Czech National Bank the statements referred to in Sections 2a to 7 in electronic form as data messages in the format and structure of data files. (2) Data messages referred to in paragraph 1 are transmitted using means enabling remote access via the internet application or user interface of the Czech National Bank's collection system. (3) A data message referred to in paragraph 1 is signed by the bank and the branch of a foreign bank with a qualified electronic signature of the contact person. (4) A bank and a branch of a foreign bank shall inform the Czech National Bank of the name, workplace address, telephone number, and email address of the contact persons. The bank and the branch of a foreign bank shall inform the Czech National Bank without undue delay of any changes to these details."

Footnote no. 5 is deleted.

20. In Section 12(2), the text "E (ČNB) 5-04," is followed by the text "FIN (IND) 01-12 and" and the words "and FIS" are deleted.

21. Section 13, including the heading, is deleted.

22. In Section 14(1), the second sentence is deleted.

23. In Section 14(2), the text "FPS (ČNB) 10-01 and FPK (ČNB) 10-01" is replaced by the text "FP (IND) 01-01 and FP (CON) 01-01".

24. In Annex No. 1, points 3 to 7 are deleted. Existing points 8 to 40 are designated as points 3 to 35.

25. In Annex No. 1 point 5 first sentence, the words "net flows of securitized loans" are replaced by the words "securitized loans" and the second sentence is deleted.

26. In Annex No. 1 point 6 first sentence, the words "net flows of securitized loans" are replaced by the words "securitized loans" and the second sentence is deleted.

27. In Annex No. 1, point 22 is deleted. Existing points 23 to 35 are designated as points 22 to 34.

28. In Annex No. 1, point 23 reads: "23. BD (ČNB) 18-04 'Statement of a bank/branch of a foreign bank on covered bonds and mortgage loans' The statement contains data on mortgage-backed securities, covered bonds, and mortgage loans."

29. In Annex No. 1 point 31, the words "FPS (ČNB) 10-01 'Bank Financing Plan'" are replaced by the words "FP (IND) 01-01 'Bank Financing Plan on an individual basis'".

30. In Annex No. 1 point 32, the text "FPK (ČNB) 10-01" is replaced by the text "FP (CON) 01-01".

31. In Annex No. 1, point 33 is deleted. Existing point 34 is designated as point 33.

32. At the end of Annex No. 1, points 34 and 35 are added, which read: "34. CEO (ČNB) 1-98 'Daily statement on uninsured one-day deposits' The statement contains data on deposited uninsured one-day deposits in Czech currency, where the counterparty to the transaction is banks and branches of foreign banks.

33. FIN (IND) 01-12 'Financial Information (FINREP) on an individual basis' The statement contains data on the financial position of the bank/branch of a foreign bank and a summary of income and expenses and accounting profit or loss from the beginning of the year to the end of the reporting period, all in a basic breakdown derived from international accounting standards. It also contains supplementary information to the balance sheet and the income statement and information on performing and non-performing exposures and exposures with relief."

34. In Annex No. 4 point 2, the text "FPS (ČNB) 10-01 and FPK (ČNB) 10-01" is replaced by the text "FP (IND) 01-01 and FP (CON) 01-01".

Article II Transitional Provisions

1. For the obligation to prepare and submit statements relating to periods prior to the date of entry into force of this decree, Decree No. 346/2013 Coll., as amended by the version in force prior to the date of entry into force of this decree, shall apply.

2. The statement referred to in Section 2a of Decree No. 346/2013 Coll., as amended by the version in force from the date of entry into force of this decree, shall be prepared by the bank and the branch of a foreign bank for the first time for 1 July 2020.

Article III Entry into Force

This decree shall enter into force on 1 June 2020.

Governor: Ing. Rusnok in person