EBA欧洲银行-CP06rev-Annex-2-28tracked-changes29_18页_433kb

报告摘要

Summary of the Framework for Consolidated Financial Reporting (FINREP) Guidelines (April 2007)

Core Content

The Framework for Consolidated Financial Reporting (FINREP) is a standardized reporting framework for credit institutions in the European Union, based on International Financial Reporting Standards (IAS/IFRS). It aims to increase comparability and transparency of financial information for national supervisory authorities. The guidelines do not constitute an interpretation of IAS/IFRS, but rather provide a structured format for reporting under these standards.

Main Objectives

Provide a common reporting standard for consolidated financial reporting of credit institutions.
Ensure standardisation and comparability of financial data across the EU.
Support supervisory analysis and prudential assessment by aligning with the Common Framework for Reporting of the Solvency Ratio (COREP).
Allow for flexibility in accounting methods, while maintaining consistency with IAS/IFRS.

Key Sections

Chapter I: General Guidelines

Accounting and Measurement Rules
- FINREP is based on IAS/IFRS.
- Credit institutions are responsible for compliance with these standards.
Scope of Application
- FINREP applies to consolidated supervisory financial returns.
- The scope of consolidation may be defined under IAS/IFRS or the Capital Requirements Directive (CRD).
- Table 39 is used to disclose changes in the consolidation scope.
Structure of the Financial Reporting Framework
- FINREP includes core and non-core information.
- Core information includes consolidated balance sheet and consolidated income statement.
- Non-core information provides additional details and supports supervisory reporting.
- Notes are not allowed for certain information to maintain standardisation.
Accounting Conventions
- Trade date vs. settlement date: Entities may choose the recognition date based on the category of financial asset.
- Accrued interest and interest rate margin: FINREP allows reporting using clean pricing or dirty pricing.
  - Balance sheet: Accrued interest is included in the relevant financial instrument category.
  - Income statement: Interest income and expenses can be reported either as part of interest income/expense or under net gains (losses).
Links to COREP
- FINREP includes breakdowns for linking with COREP.
- Examples include:
  - Revaluation reserves and valuation differences for own funds calculation.
  - Economic sector allocation classes aligned with CRD exposure classes.
  - Product breakdowns for AFS financial assets.
Reporting Frequency
- Determined at the national level.
- Supervisory authorities may set different frequencies for core and non-core information.

Chapter II: Detailed Guidance

Table-Specific Guidance

Table 1.2 and 14, 15, 16: Reports deposits from credit institutions and related liabilities.
Table 1.3: Details equity components of financial instruments, including treasury shares.
Table 2: Covers interest income and expenses, dividend income, provisions, and impairment.
- Impairment losses on equity instruments in the Available-for-sale (AFS) category are reported in the "Impairment on financial assets at cost (unquoted equity)" item.
Table 3 and 8: Reports derivatives and their gross notional amounts.
- Derivatives with multiple underlying risks should be classified by the most risk-sensitive type.
- Derivatives not designated as effective hedges must be included in the held-for-trading category.
Table 5: Provides product breakdown of AFS financial assets, including fair value and impairment losses.
Table 6: Details loans and receivables, held-to-maturity investments, and impairment.
- Includes a split between individually and collectively assessed financial assets.
Table 7: Analyzes past due assets (not impaired) by age and number of past due days.
Tables 9, 10, 11: Cover tangible and intangible assets, including property, plant and equipment, investment property, and goodwill.
- Credit institutions may choose between revaluation model or cost model.
Table 12: Summarises investments in associates, subsidiaries, and joint ventures.
- Allows for equity or non-equity methods of accounting.
Table 17: Discloses transferred financial assets and associated liabilities.
Table 21: Reports realised gains and losses on financial assets and liabilities not measured at fair value through profit or loss.
Table 33: Provides detailed information on repurchase agreements (repos), reverse repos, and related agreements.
- Includes breakdowns by counterparty, collateral, and financial instrument.
- Differentiates between transferee and transferor roles.

Annex 1: Economic Sector Allocation Classes

Aligns FINREP economic sector classes with CRD exposure classes.
Economic sector classes include:
- Central governments
- Credit institutions
- Non-credit institutions
- Corporates
- Retail
Standardised Approach is used for exposure class breakdowns.
Table 1 and Table 2 in Annex 1 clarify the correspondence between CRD exposure classes and FINREP economic sector classes.

Key Information

FINREP is not an interpretation of IAS/IFRS, but a standardised reporting framework.
Core information includes the balance sheet and income statement.
Non-core information is optional and provides additional detail for supervisory purposes.
Derivatives, impairment, interest income/expense, and repurchase agreements are specifically addressed in tables.
Tables must be consistent with the core captions in the balance sheet and income statement.
Economic sector allocation is crucial for alignment with COREP and risk-based reporting.

Conclusion

The FINREP guidelines provide a structured, standardized framework for consolidated financial reporting of credit institutions. They ensure comparability, transparency, and alignment with supervisory requirements, while allowing flexibility in accounting practices. The framework includes core and non-core tables, accounting conventions, and links to COREP, making it a comprehensive tool for prudential supervision in the EU.