Amendments to Latvijas Banka 2024 March 25 Regulation No. 282 Supervisory Reporting Rules No. 410

Text version

Attention! You are using an outdated web browser version.

To use all the features offered on the Likumi.lv website, we invite you to download the latest version of the web browser. We also offer the mobile version of the website – m.likumi.lv.

don't show this message again

Confirm

We invite you to participate in the user satisfaction survey this week!

Thank you for your opinion!

Show later

LATVIAN REPUBLIC LEGAL ACTS types themes most viewed newest LV EN to the top

Advanced search
Default values
Advanced search
How to search?
Search by name search in inflections search phrase Search in text search in inflections search phrase Issuer Type don't search in amendments Adopted Enters into force Document No. until until Published in LV Lost force Edition on until until Status:
in force not yet in force lost force clear
Authorize in your account
Why authorize or register?
Latvijas Banka Regulation No. 410
Riga 2026 January 19

Amendments to Latvijas Banka 2024 March 25 Regulation No. 282 "Supervisory Reporting Preparation and Submission Rules"

Issued in accordance with the fifth part of Article 6, the third part of Article 43, and the second and third parts of Article 50 of the Credit Institutions Law, the second part of Article 63 and the third part of Article 68 of the Latvijas Banka Law

Make the following amendments to Latvijas Banka 2024 March 25 Regulation No. 282 "Supervisory Reporting Preparation and Submission Rules" (Latvijas Vēstnesis, 2024, No. 62, No. 232):

1. Express sub-point 1.4 in the following wording:

"1.4. the procedure for determining the volume of risk transactions with credit institution shareholders who have a significant participation in the credit institution, and the spouses, partners with whom a partnership is registered, parents and children of these shareholders - natural persons, members of the credit institution's board of directors and management board, heads of internal control functions, the spouses, partners with whom a partnership is registered, parents and children of these persons, as well as with commercial companies in which the aforementioned persons have a significant participation (hereinafter - persons connected with the credit institution)."

2. Replace the words and numbers "Commission Implementing Regulation (EU) 2021/451 of 17 December 2020 laying down implementing technical standards with regard to supervisory reporting of institutions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council and repealing Implementing Regulation (EU) No 680/2014 (hereinafter - EU Regulation No 2021/451) Annex III" in point 6 with the words and numbers "Commission Implementing Regulation (EU) 2024/3117 of 29 November 2024 laying down implementing technical standards with regard to supervisory reporting of institutions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council and repealing Commission Implementing Regulation (EU) 2021/451 (hereinafter - EU Regulation No 2024/3117) Section 2 of Annex I".

3. Strike out point 7.

4. Replace the numbers and words " 2021/451 Annex III" in point 8 with the numbers and words " 2024/3117 Section 2 of Annex I".

5. Express point 9 in the following wording:

"9. The reporting templates mentioned in this chapter shall be prepared and submitted by the credit institution, which is a less significant supervised entity, and the branch to the Latvijas Banka within the deadlines set out in Article 3 of EU Regulation No 2024/3117 and in accordance with the regularity and conditions set out in Article 11 of EU Regulation No 2024/3117."

6. Express point 10 in the following wording:

"10. A credit institution that is a less significant supervised entity and which, in accordance with a decision of the Board of the Latvijas Banka, has not been identified as another systemically important institution, prepares a report on operational risk losses equal to or greater than 5000 euros equivalent, in accordance with template C 17.01 'Operational risk: losses and loss recoveries by business lines and event types in the last year' of Section 1 'Reporting on own funds and own funds requirements' of Annex I of EU Regulation No 2024/3117."

7. Replace the numbers " 2021/451 " in point 12 with the numbers " 2024/3117 ".

8. Express point 24 in the following wording:

"24. The credit institution prepares the report mentioned in point 23 of these regulations for the position on the last date of each reporting year and submits it to the Latvijas Banka by February 1 of the following year."

9. Supplement sub-point 27.2 with a sentence in the following wording:

"For land plots, indicate the building code that is close to the intended use of the land."

10. Supplement the regulations with points 37.2 and 37.3 in the following wording:

"37.2 The amendments to sub-point 1.4 of these regulations and Annex 9 'Instructions for filling out Annex 8 'Report on risk transactions with persons connected with the credit institution'' enter into force simultaneously with the corresponding amendments to the first part of Article 43 of the Credit Institutions Law.

37.3 The credit institution includes risk transactions related to partners with whom a partnership is registered in the report contained in Annex 8 of these regulations 'Report on risk transactions with persons connected with the credit institution' if the risk transaction was concluded after July 1, 2026."

11. Express Annex 9 in the following wording:

"Annex 9 to Latvijas Banka 2024 March 25 Regulation No. 282

Instructions for filling out Annex 8 'Report on risk transactions with persons connected with the credit institution'

Name
Code
Explanation
Registration place code
The registration place code of the legal or natural person connected with the credit institution in accordance with the international standard ISO 3166 'Codes for the representation of names of countries and their subdivisions' Registration number or personal code The registration number of the legal person in the public register (for residents - in the Republic of Latvia, for non-residents - in the respective country) or the personal code of a natural person or a similar code that allows unambiguous identification of the respective person (for residents - in the Republic of Latvia, for non-residents - in the respective country) Category Shareholder of the credit institution Spouse, partner with whom a partnership is registered, parents and children of the shareholder of the credit institution - a natural person Member of the Board of Directors of the credit institution Member of the Management Board of the credit institution Other senior employee of the credit institution (head of internal control function) Spouse, partner with whom a partnership is registered, parents and children of a member of the Board of Directors, Management Board, and other senior employee of the credit institution Other Name or first name and surname of the person connected with the credit institution Name of the legal person or first name and surname of the natural person"

President of Latvijas Banka M. Kazāks

Legal Act Information

Name: Amendments to Latvijas Banka 2024 March 25 Regulation No. 282 "Supervisory Reporting Preparation ...

Status:

In force

in force

Issuer: Latvijas Banka
Type: regulation
Number: 410 Adopted: 19.01.2026. Enters into force: 22.01.2026. Published: Latvijas Vēstnesis , 14, 21.01.2026.

OP number:

2026/14.6
Related documents
Amended
Issued in accordance with
Annotation
Other related documents
365905
With my notes
With larger font
Print legal act
X
Facebook
Draugiem.lv
"Everyone has the right to know their rights."
Article 90 of the Constitution of the Republic of Latvia
© Official Publisher "Latvijas Vēstnesis"