Article 1 · ECB/2021/24

Contents

Article 1Amendments#

Regulation (EU) 2015/534 (ECB/2015/13) is amended as follows:

(1)Article 1 is amended as follows:

(a)in paragraph 2, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Commission Implementing Regulation (EU) 2021/451 (*);(*)Commission Implementing Regulation (EU) 2021/451 of 17 December 2020 laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to supervisory reporting of institutions and repealing Implementing Regulation (EU) No 680/2014 (OJ L 97, 19.3.2021, p. 1).’;

(b)paragraph 3 is replaced by the following:‘3.Where competent authorities, including the ECB, require institutions to comply with the obligations laid down in Parts Two to Eight of Regulation (EU) No 575/2013 and in Title VII of Directive 2013/36/EU on a sub-consolidated basis in accordance with Article 11(6) of Regulation (EU) No 575/2013, those institutions shall comply also on a sub-consolidated basis with the requirements laid down in this Regulation on a consolidated basis.’;

(2)Article 4 is replaced by the following:‘Article 4Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying IFRS for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013In accordance with Article 430(4) of Regulation (EU) No 575/2013, significant credit institutions applying IFRS under Regulation (EC) No 1606/2002 for supervisory reporting on a consolidated basis pursuant to Article 24(2) of Regulation (EU) No 575/2013 shall report supervisory financial information, as provided for in Article 11 of Implementing Regulation (EU) 2021/451, on a consolidated basis.’;

(3)Article 5 is replaced by the following:‘Article 5Format and frequency of reporting on a consolidated basis and reporting reference dates and remittance dates for significant credit institutions applying national accounting frameworks on a consolidated basis based on Directive 86/635/EECIn accordance with Article 430(9) of Regulation (EU) No 575/2013, significant credit institutions other than those referred to in Article 4, which are subject to national accounting frameworks on a consolidated basis based on Directive 86/635/EEC, shall report supervisory financial information on a consolidated basis as provided for in Article 12 of Implementing Regulation (EU) 2021/451.’;

(4)Article 6 is amended as follows:

(a)paragraph 2 is replaced by the following:‘2.The supervisory financial reporting referred to in paragraph 1 shall include the information specified in Article 11 of Implementing Regulation (EU) 2021/451, including information specified in template 40.1 of Annex III to that Regulation, and shall take place with the frequency specified in that Article.’;

(b)paragraph 4 is replaced by the following:‘4.The supervisory financial reporting referred to in paragraph 3 shall include the information specified in Article 12 of Implementing Regulation (EU) 2021/451, including information specified in template 40.1 of Annex IV to that Regulation, and shall take place with the frequency specified in that Article.’;

(c)in paragraphs 7 and 8, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(5)Article 7 is amended as follows:

(a)the last sentence of paragraph 1 is replaced by the following:‘Supervisory financial reporting by these credit institutions shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in Annex I.’;

(b)in paragraph 2, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(c)paragraph 4 is replaced by the following:‘4.The supervisory financial reporting referred to in paragraph 3 shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in Annex I.’;

(d)in paragraph 5, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(6)in points (a) and (b) of Article 8(4), the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(7)Article 9(1) is amended as follows:

(a)the last sentence of point (a) is replaced by the following:‘The supervisory financial reporting shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451.’;

(b)the last sentence of point (b) is replaced by the following:‘The supervisory financial reporting shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451.’;

(8)in Article 10(2), the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(9)Article 11 is amended as follows:

(a)paragraph 2 is replaced by the following:‘2.The supervisory financial reporting referred to in paragraph 1 shall take place with the frequency specified in Article 11 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 1 of Annex I.’;

(b)in paragraph 3, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(c)the last sentence of paragraph 4 is replaced by the following:‘That supervisory financial reporting shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 2 of Annex I.’;

(d)in paragraph 5, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(10)in points (a) and (b) of Article 12(4), the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(11)Article 13 is amended as follows:

(b)paragraph 5 is replaced by the following:‘5.The supervisory financial reporting referred to in paragraph 4 shall take place with the frequency specified in Article 12 of Implementing Regulation (EU) 2021/451 and shall include the common minimum information specified in paragraph 2 of Annex I.’;

(c)in paragraphs 3 and 6, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(12)Article 14 is amended as follows:

(c)in paragraphs 3 and 6, the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(13)in points (a) and (b) of Article 15(4), the reference to ‘Implementing Regulation (EU) No 680/2014’ is replaced by a reference to ‘Implementing Regulation (EU) 2021/451’;

(14)the Annexes to Regulation (EU) 2015/534 (ECB/2015/13) are amended in accordance with the Annex to this Regulation.