On Mar. 13, MLT FSA issued circular on supervisory reporting ITS V4.0.
MLT FSA issued circular to credit institutions including foreign branches on updates to supervisory reporting framework implementing technical standards (ITS) version 4.0, to read with CRR3 provisions/regulations including Reg 2024/3117, its annexes, etc.
Follows EBA Nov. 2024, issued opinion on EC proposed ITS changes, see #233471.
Summary
Advises that ITS updates align EBA supervisory reporting framework with new banking package, CRR3 regulation 2024/1623, and CRD6 directive 2024/1619 requirements.
Implementing reg 2021/451 is repealed through implementing reg 2024/3117 (CIR); ceases to apply from Jan. 1, 2025, except for specific provisions until Dec. 31, 2025.
Circular includes table of ITS V4.0 amendments and changes across reporting areas.
Operational adjustments required for new reporting standards include transitional provisions affecting remittance dates for impacted specific reporting obligations.
For reporting modules COREP Own Funds (COREP_OF) and COREP Leverage Ratio (COREP_LR) reference date is Mar. 31, 2025, extended remittance date Jun. 30, 2025.
For other modules reported quarterly ref date Mar. 31, 2025, remittance May 12, 2025.
From Jun. 30, 2025, all quarterly reported modules use standard submission deadline.
MLT FSA ITS V4.0 reporting information includes: templates/directory to IT solutions on EBA website; guidelines for upload/review of reporting data; remittance timetable.
Effectiveness
For reporting modules COREP Own Funds (COREP_OF) and COREP Leverage Ratio (COREP_LR) reference date is Mar. 31, 2025, extended remittance date Jun. 30, 2025.
For other modules reported quarterly ref date Mar. 31, 2025, remittance May 12, 2025.
