AI Summary of Article 415 Reporting obligation and reporting format
Institutions are required to report specific items to competent authorities in the designated reporting currency, irrespective of the actual currency denomination. This includes monthly reporting for delegated act items and at least quarterly for others until the net stable funding ratio requirements are established. Additionally, separate reporting obligations apply when liabilities in foreign currencies exceed certain thresholds.
The European Banking Authority (EBA) will develop detailed technical standards for uniform reporting formats and additional liquidity metrics, ensuring the requirements are proportionate to institutional scale and complexity. Competent authorities must also facilitate timely reporting to relevant national and European bodies.
Article 415 Reporting obligation and reporting format
1. Institutions shall report the items referred to in the implementing technical standards referred to in paragraph 3 or 3a of this Article, in Title IV and in the delegated act referred to in Article 460(1) to the competent authorities in the reporting currency, regardless of the actual denomination of those items. Until such time as the reporting obligation and the reporting format for the net stable funding ratio set out in Title IV have been specified and introduced in Union law, institutions shall report to the competent authorities the items referred to in Title III in the reporting currency, regardless of the actual denomination of those items.
The reporting frequency shall be at least monthly for items referred to in the delegated act referred to in Article 460(1) and at least quarterly for items referred to in Title III and IV.
2. An institution shall report separately to the competent authorities the items referred to in the implementing technical standards referred to in paragraph 3 or 3a of this Article, in Title III until such time as the reporting obligation and the reporting format for the net stable funding ratio set out in Title IV have been specified and introduced in Union law, in Title IV and in the delegated act referred to in Article 460(1), as appropriate, in accordance with the following: