On Jan. 16, 2025, ITA CB issued 4th update of Circular 303 on statistics reporting.
Update aligns domain of variable Exposure class with new provisions of Reg 2024/1623 and ITS 2024/31172; new codes are established, others are deleted and for some description is slightly modified, as described in the technical annex (part of document).
For securities without ISIN, domain of variable Security status is made more granular.
All the new reporting provisions take effect from accounting date of Mar. 31, 2025.
Details of changes are available in technical attachment; consolidated version issued.
Followed May 2020, ECB guidance notes to reporting agents on SHS Reg, see #28791.
Adjusted reporting rules to take into account the recent changes to the ECB guidance.
Reporting changes are effective starting from accounting dates of Jun. 30, 2020.
Dec. 2021 3rd Update
On Dec. 10, 2021, ITA CB issued 3rd update of circular 303 on securities statistics.
Aligns legislation on banking groups securities availability for reporting Finrep, Corep.
In particular, representation of purchased/originated impaired credit (POCI) activities is aligned with provisions for reporting harmonized FinRep, in accordance with IFRS 9.
The slotting approach calculation method is implemented for the specialized lending, as part of the internal models for the calculation of prudential requirements.
Rules re POCI start from accounting date of Dec. 31, 2021 while those on slotting, previously communicated to reporting entities, are in force since Dec. 31, 2020.
More details of the changes to the coding system available in the technical annex.
Jan. 2025 4th Update
On Jan. 16, 2025, ITA CB issued 4th update of Circular 303 on statistics reporting.
Update aligns domain of variable Exposure class with new provisions of Reg 2024/1623 and ITS 2024/31172; new codes are established, others are deleted and for some description is slightly modified, as described in the technical annex (part of document).
For securities without ISIN, domain of variable Security status is made more granular.
All the new reporting provisions take effect from accounting date of Mar. 31, 2025.
Details of changes are available in technical attachment; consolidated version issued.
