Regulatory reporting and disclosure - banking sector

Firms in the banking sector (banks, building societies, investment firms and credit unions) need to provide regulatory returns to the Prudential Regulation Authority (PRA). This section explains the returns and how firms should report them.

Latest updates

8 July 2022: As per CP5/21 and PS17/21, and finalised in PS22/21, the PRA has implemented the EBA Taxonomy 3.0 for firms to use from 1 January 2022. Firms should be using this taxonomy to meet the reporting requirements set out in the PS17/21. Any future changes to CRR reporting requirements will be subject to PRA public consultation process, as set out in FSMA.

The PRA has implemented EBA Taxonomy 2.10 for COR013 resolution reporting. Any future changes to BRRD reporting requirements will also be subject to PRA public consultation process.

Changes to validation rules are released periodically by the EBA. The Bank will implement any validation changes that relate to EBA Taxonomy 3.0 or previous taxonomy versions, for as long as these packages are used to meet reporting requirements.

Subsequent EBA taxonomies should only be implemented by firms if indicated during the PRA public consultation process for future reporting changes.

Contact

If you have any queries on regulatory reporting contact the Firm Enquiries Team:

Phone: 020 3461 7000
Email: PRA.FirmEnquiries@bankofengland.co.uk

Technical queries about the RegData system are handled by the Financial Conduct Authority (FCA). Firms experiencing systems issues should contact the FCA Contact Centre in the first instance on 0300 500 0597.

Working with the Financial Conduct Authority

We work with the Financial Conduct Authority (FCA) to make sure the regulatory reporting processes for dual-regulated firms are efficient. We want to ensure that firms are only asked to submit data sets once and, to help achieve this, we will share data where it is appropriate to do so. We will also share data on firms that are not dual-regulated where necessary, to ensure that we each have a complete view of the market.

A memorandum of understanding between the FCA and the Bank of England (exercising its prudential regulation functions) sets out how we will work together.

Much regulatory data for PRA firms continues to be collected by the FCA. This includes reporting via the FCA’s RegData system, the submission of firms’ controllers and close links reports and the reporting of changes to firms’ standing data.

Statistical reporting obligations have not changed.

This page was last updated 08 July 2022

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