Начало / The Financial Supervision Commission informs investment firms about the expected actions in connection with the reporting on the new prudential supervision

The Financial Supervision Commission informs investment firms about the expected actions in connection with the reporting on the new prudential supervision

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To clarify the reporting of information by investment firms in accordance with the applicable requirements of Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014 (Regulation (EU) 2019/2033), the Financial Supervision Commission shall inform investment firms of the stage of implementation of the new prudential supervision at European level and the expected reporting format. Investment firms are provided with template reporting forms developed by the European Banking Authority, as well as information on draft regulatory technical standards, available on the websites of the European Banking Authority and the European Commission.

Draft regulatory technical standards based on Regulation (EU) 2019/2033 are available on the European Banking Authority’s website here.

Draft regulatory technical standards based on Regulation (EU) 2019/2033 are available on the European Commission’s website as follows:

Draft Delegated Regulation with regard to regulatory technical standards specifying the methods for measuring the K-factors;

Draft Delegated Regulation with regard to regulatory technical standards specifying the notion of segregated accounts to ensure client money’s protection in the event of an investment firm’s failure;

Draft Delegated Regulation with regard to regulatory technical standards specifying the methods for adjusting the K-factor “daily trading flow” (K-DTF);

Draft Delegated Regulation with regard to regulatory technical standards specifying the methods for adjusting the K-factor “clearing margin given” (K-CMG);

Draft Delegated Regulation specifying the criteria for subjecting certain investment firms to the requirements of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012;

The applicable reporting forms developed by the European Banking Authority, as well as instructions for filling in, can be downloaded here.

You can send your questions on the implementation of the new prudential supervision to delovodstvo@fsc.bg.