On its CRD IV web page the PRA has issued an update on the GABRIEL reporting peak of early August as a large number of firms are again expected to report on this system at this time. The PRA strongly recommends that firms:
- prepare their reports in advance, using the FCA Handbook guidance to help them as required;
- complete their reporting as early as possible in the reporting period (i.e. if the firm has a three month reporting window do not leave submission until the last week);
- avoid using GABRIEL during the daily peak hours i.e. mid-morning and mid-afternoon; and
- click on the “Log Out” button when they have finished their session and before closing the browser. This will ensure the session is closed correctly and allow others to access the system more easily.
View CRD IV updates, 20 July 2015