RegAlert2024-04-09
Added
Guidelines on resubmission of historical data under the EBA reporting framework
Financial institutions must resubmit corrected historical data to competent or resolution authorities when errors or inaccuracies are discovered, with the required look-back period depending on reporting frequency: one past reference date for annual, two for semi-annual, four for quarterly, and six for monthly submissions. For monthly data, if the look-back period does not cover the previous year-end, all reference dates until the end of the previous calendar year must also be resubmitted. The guidelines reduce the precision requirement for monetary data in EBA filing rules from one thousand to ten thousand and apply from 17 October 2024.
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Final Report
Guidelines on resubmission of historical data under the EBA reporting framework EBA/GL/2024/04 08/04/2024
FINAL REPORT ON RESUBMISSION OF HISTORICAL DATA Contents Contents
- Executive Summary 3
- Background and rationale 5
- Guidelines on resubmission of historical data under the EBA reporting framework 10
- Compliance and reporting obligations 12
- Subject matter, scope and definitions 12
- Implementation 14
- Requirements for financial institutions for resubmission of historical data 14
- Assessment of historical data by the authorities 17
- Accompanying documents 18
4.1 Cost-benefit analysis / impact assessment 18
4.2 Overview of questions for public consultation 23
4.3 Feedback on the public consultation 24
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Source: European Banking Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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