International Banks: Regulatory Reporting


Author: Robert Cain and Maedhbh Clancy

On 12 April 2017, the Central Bank announced the publication of the results of its thematic inspection of regulatory reporting by international banks. The international banks selected for the inspection were all categorised as “less significant” institutions for the purposes of the Single Supervisory Mechanism, and were in-scope based on their risk assessment ratings, the perceived importance of their regulatory returns, and any issues already identified in respect of their regulatory reporting.

The Central Bank carried out the inspection to assess the degree to which it could rely on the accuracy and integrity of the regulatory returns submitted by those banks. Not all types of regulatory return were covered by the inspection, with the Central Bank focusing on specific areas, including the reporting of large exposures and the liquidity coverage ratio (LCR).

The Central Bank uses regulatory returns as part of its assessment of a bank’s risk profile, to check whether a bank is complying with its regulatory requirements, and to assess a bank’s financial position.

Read the full briefing here.


Download PDF