Regulatory Alerts2022-12-19
Added · Updated
Commission Implementing Regulation (EU) 2022/2454 laying down implementing technical standards for supervisory reporting of risk concentrations and intra-group transactions
Regulated entities and mixed financial holding companies must report significant risk concentrations and intra-group transactions using specific templates (FC.00 to FC.08) and instructions defined in the Regulation's Annexes. The coordinator appointed under Directive 2002/87/EC may demand ad hoc information after consulting relevant competent authorities, and entities must ensure data consistency with sectoral rules such as Regulation (EU) No 575/2013. Reporting must adhere to specified data exchange formats, including precision and currency requirements, and the Regulation applies from 31 December 2023.
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