On Friday 21st March the EBA made the market aware of its consultation on revisions to its COREP FINREP Taxonomy for Supervisory reporting. This consultation will be closing on 14 April 2014, just days before the first filings under COREP are due.

As well as adding reporting requirements for asset encumbrance, non-performing exposures and forbearance, the taxonomy makes changes to 17 FINREP tables and 6 COREP tables.

The EBA taxonomy release can be found here together with revised data point models and consultation papers.

The Report Authority team at AMOSCA has already begun assessing the extensive number of proposed changes in this new taxonomy release. It is also assessing reaction of local Read more

AMOSCA is proud to have been a sponsor and speaker at Compeer’s “The Compliance Tsunami’ conference held recently at the Fishmongers Hall in London.

The conference explored the ways in which wealth management firms have been shaped by the “tsunami” of regulatory change recently introduced or announced.

Compeer (www.compeer.co.uk) presented the findings of research that they had undertaken to help companies benchmark their compliance challenges and understand the demands of regulation in the future.

Matthew Prior of AMOSCA spoke about the reporting challenges currently faced by financial services companies trying to address the requirements of CRD IV COREP FINREP and other regulatory reporting legislation. Read more