The Eurosystem Governing Council published more feedback from the IReF cost-benefit assessment this September. Following the first report publication at the end of 2021, three new reports covering technical aspects, country-specific requirements, reporting schedules and more have been shared.
The Bank of England has reminded firms that from December, the OSCA submission portal will be retired.
From January 2023, firms will submit their BIFR forms to the CBI in XBRL, instead of using Excel. Find out more...
The first semi-annual reporting deadline for Payment Statistics Data to the Central Bank Ireland passed on 31 August. Invoke are thrilled to have supported our clients through their successful submissions. Find out more about what the submission involves.
The PRA has announced the timeframe for its consult on the UK implementation of Basel 3.1, including the Fundamental Review of the Trading Book (FRTB), along with a proposed timetable for firms to submit new IMA applications.
Phase 2 of EBA's 3.2 reporting framework published, with changes to support the implementation of the updated reporting framework.
Invoke has added to their list of industry awards with a win at the 2022 Central Banking Fintech Regtech Global Awards! Fighting off competition from six other leading regtech organisations, our innovative e-Regulatory solution has seen us named Technology Partner for Regulatory Compliance.
IFTM (Investment Firm Threshold Monitoring) for MiFID firms was implemented a few weeks ago; now, firms under its scope are starting to prepare their first reports.
The first quarterly reporting deadline for the amended ECB Regulation on Payment Statistics has just taken place at the end of April. For this submission and from now on, payment service providers that report to the Central Bank of Ireland will be required to submit more information than previously, and in XML format not Excel, as part of the amended payment statistics reporting regulation.
Beginning in 2022, the Central Bank of Ireland will require E-Money Institutions and Payment Institutions to submit their accounts and supplementary quarterly returns in XBRL format. The new regulation is in keeping with the CBI's wider move towards reporting in XBRL, and their taxonomy 2.0.