Regulatory Alerts2010-02-15
Instruction No. 2010-06 on the Implementation of the Unified Financial Reporting System for Payment Institutions
The Prudential Control and Resolution Authority mandates payment institutions to submit standardized financial reporting tables via the Unified Financial Reporting System (SURFI). The regulation establishes a mandatory common reporting baseline for all institutions, with additional activity-block-specific reports required only when defined activity thresholds are exceeded. Hybrid payment institutions must calculate these thresholds and report based solely on their payment service activity perimeter, utilizing XML-WBRL electronic formats with electronic signatures.
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