The PRA has published two documents relating to the reporting of the liquidity coverage ratio (LCR) and large exposures under the Capital Requirements Regulation (CRR).
The first document, entitled Liquidity coverage ratio: Reporting clarifications, relates to the July 2015 PRA Supervisory Statement 29/15: CRD IV: interim LCR reporting, which detailed the reporting arrangements the PRA expects firms to follow in the period between 1 October 2015 and the introduction of the new EU reporting templates in accordance with the amending implementing technical standards on liquidity reporting to be adopted by the European Commission for the LCR. The now published document sets out reporting clarifications on areas of inconsistency identified from a survey of a selection of UK firms. The PRA also reminds firms to be aware that the European Banking Authority or the European Commission could adopt a position on the LCR or LCR reporting that is different from the one expressed in the document.
The second document contains a list of areas in COR002 Large Exposures and the reporting of eligible capital for the purposes of qualifying holdings outside the financial sector and large exposures within template CA4 of COR001 where the PRA has noticed a number of reporting institutions are making errors. The PRA reminds reporters to ensure that these are corrected for submissions as from 2015 Q3.
View Liquidity coverage ratio: Reporting clarifications, 14 September 2015
View Common Reporting Errors found in COR002 Large Exposures Templates and reporting of Eligible Capital for purposes of Large Exposures within COR001, 14 September 2015