Regulatory Alerts2018-11-28
Reserves Reporting Regulation (ResV)
Issued by the Austrian Financial Market Authority (FMA), this regulation requires credit institutions to electronically report undisclosed reserves and losses to the Oesterreichische Nationalbank within six months of their balance sheet date. It mandates the separate disclosure of valuation differences for exchange-listed and non-exchange-listed securities, participations, real estate, receivables, and pension or severance provisioning deficits. Recent amendments update the reporting annex and apply to financial years ending after December 30, 2010, standardizing how institutions calculate and present these reserves.
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