Regulation (EU) 2021/943 of the ECB Article 1: Amendments

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 4

Format 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 575/2013

In 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 5

Format 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/EEC

In 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:

((a))

paragraph 2 is replaced by the following:

((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:

((a))

paragraph 2 is replaced by the following:

((b))

paragraph 5 is replaced by the following:

((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.

Article 1 - Amendments