EBA欧洲银行-EBA-Data-Instructions-MiFID-IFs_21页_416kb

Summary of EBA Data Collection Exercise on the Revision of Prudential Framework for MiFID Investment Firms

Core Content

The European Banking Authority (EBA) initiated a data collection exercise in July 2016 to support the European Commission in revising the prudential framework for MiFID investment firms. The exercise aims to evaluate the current prudential requirements and determine whether they should be adjusted to better reflect the risk profile and business model of these firms.

The data collection includes five parts: General Information, Financial Information, Solvency, Liquidity, and Large Exposures. It is designed to reduce the reporting burden, particularly for smaller firms, and to collect data on a best-effort basis where necessary.

Main Points

• Scope of the Exercise:
  The data collection applies to MiFID investment firms, including those expected to fall under MiFID II, and UCITS/AIFMD firms conducting MiFID activities. Commodity dealers are excluded and will be addressed in a separate exercise.

• Reporting Date:
  The reference date for the data is 31 December 2015. If data is not available for that date, an alternative date may be used, provided it is indicated in the template.

• Currency and Conversion:
  The reporting currency must be selected from a drop-down menu. Foreign exchange rates for conversion to EUR are provided by the ECB, and the same rates apply if an alternative date is used.

• Consolidation Level:
  Data should be submitted on a solo basis. If consolidated data is required, two sets of templates must be submitted: one for solo and one for consolidated data.

• Data Filling Instructions:

  • Data should be filled in on a best-effort basis where applicable.
  • "Not available" should be used instead of zeros.
  • Decimal separator should be a dot (.) and not a comma (,).
  • Answers should be provided only in the designated orange cells, with comments in green cells.

• Submission Process:

  • Templates and instructions are published on the EBA website and circulated to competent authorities.
  • Institutions must submit the completed templates to their national competent authority, which will forward them to the EBA.
  • National competent authorities will perform data quality checks and may request additional clarifications or adjustments from firms.

• Timeline:

  • 15 July 2016: Publication and distribution of final templates and instructions.
  • 7 October 2016: Deadline for firms to submit templates to competent authorities.
  • 14 October 2016: Competent authorities perform quality checks and forward templates to the EBA.

Key Information

Part 1: General Information

This section collects data on firm identification, organizational structure, MiFID services, and regulatory scope. Key variables include:

• A.1 to A.3: Firm name, country code, and whether it is a single legal entity.
• A.4 to A.5: Whether the firm is part of a banking group or an investment firm group, and details about group assets and parent status.
• A.6: Whether the firm is part of a G-SII or O-SII group.
• A.7: Whether the firm benefits from outward MiFID passporting.
• A.8 and A.9: Staff headcount and identified staff (for firms subject to CRD requirements).
• B.1 to B.8: Authorization for MiFID services, ancillary services, market-making, and tied agents.
• C.1 to C.3: EU prudential requirements applicability and XBRL reporting status.
• D.1 to D.4: Reporting currency, unit, reference date, and scope of consolidation.

Part 2: Financial Information

This section focuses on balance sheet and profit/loss data. Key variables include:

• A.1 to A.11: Total assets, debt securities, cash balances, off-balance sheet positions, liabilities towards customers, and specific financial instruments.
• B.1 to B.3: Assets under management, advice, and safekeeping/administration.
• C.1 to C.4: Client money and financial instruments, including on- and off-balance sheet exposures.
• D.1 to D.4: Profit/loss aggregates, with an optional breakdown by MiFID services.
• E.1 to E.1.2: Securities lending activities, including whether the firm acts as an agent lender and the value of securities lending and indemnifications.
• F.1 to F.3: Transaction data for the reference date of 31 March 2016.

Additional Notes

• The EBA is collecting data to support the European Commission in assessing the applicability of proportionality in the area of remuneration, especially for small and less complex investment firms.
• The data collection is part of a broader effort to review the prudential framework, as outlined in the 2015 EBA report, which identified the need for a more risk-sensitive and simplified regulatory approach.
• The exercise includes specific exemptions for smaller firms, and the data required for these exemptions is clearly flagged in the templates.