Circular to Foreign Branches on Supervisory Reporting Requirements to the MFSA

Circular Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt Circular to Foreign Branches on Supervisory Reporting Requirements to the MFSA Pursuant to Articles 40 and 47 of Regulation (EU) No 2013/36, the Authority is hereby issuing a communication to branches gn supervisory reporting requirements to be submitted to the MFSA.

1. Reporting Modules Foreign branches are required to submit to the Authority the below list of modules on a quarterly basis for reference dates March, June, September and December: a. FINREP b. FINREP_AE c. COREP_OF (C_15.00 only) The templates and instructions of these reporting modules are updated with every revised ITS on Supervisory Reporting framework (Regulation (EU) No 680/2014), as published by the EBA.
2. Reporting Requirements The MFSA is hereby issuing a Guidelines on Supervisory Reporting Requirements for Foreign Branches document, which provides guidance on the applicability of all reporting templates within the different modules. Foreign branches are requested to take this document into consideration when populating and submitting supervisory reporting modules. This means that any (re)submissions made to the Authority should omit templates which are not applicable and/or not required to be reported. This also means that only applicable templates should be validated and converted to XBRL prior to submission to the Authority. Thorough details are being provided in the document itself.
3. MFSA webpage Officials are being informed that the MFSA webpage on Supervisory Reporting now includes a dedicated area for foreign branches, whereby reporting agents can download the templates and instructions relating to the data modules required to be submitted to the Authority. The webpage also provides information on the submission of modules, including a Remittance Timetable and a guidelines document - LH Portal for Branches. 19 September 2019

Circular Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt 4. Submissions and Resubmissions Reporting agents are being reminded that in cases in which the ZIP filename and the XBRL filename do not match the naming convention as outlined in the document LH Portal for Branches, the upload will result unsuccessful. Attention is also being drawn with respect to the folder structure of submissions made to the Authority. It is essential that there are no intermediary folders in any (re)submissions. This means that the module folder should directly include the excel templates and the XBRL file, as indicated in section 4 of the document LH Portal for Branches. In cases of resubmissions, foreign branches are also being reminded to resubmit the applicable excel templates for the whole module, not only the templates for which revisions were expected. This also means that the resubmitted XBRL file should include data relating to all the applicable templates of the specific module.