Decree No. 131 / 2018 Coll.
Order on the submission of information on loans and credit risk to the Czech National Bank
Valid
Effective from 01.09.2018
131
DECLARATION
of 12 June 2018
on the submission of information on loans and credit risk to the Czech National Bank
Czech National Bank provides pursuant to § 41 paragraph 3 of Act No. 6 / 1993 Coll., on the Czech National Bank, as amended by Act No. 227 / 2013 Coll.:
Subject matter
This decree regulates the content, form, time and method of compiling and submitting credit and credit risk statements to the Czech National Bank by persons belonging to the financial institutions sector under the directly applicable European Union regulation governing the national and regional accounts system in the European Union2), following the directly applicable European Union1.
Heading of reporting agents
The statements shall be compiled and submitted by the following reporting agents:
(a) the bank;
(b) a foreign bank which carries out banking activities on the territory of the Czech Republic through its branch (hereinafter referred to as the branch of the foreign bank).
Bank statements and branches of a foreign bank
(1) The Bank and the branch of a foreign bank shall, on the last day of each calendar month, draw up and submit, within 29 days of the end of the calendar month under review, a PAN (CNB) statement 01- 12 "Monthly Counterparty Statement."
(2) The Bank and the branch of a foreign bank shall, on the last day of each calendar month, draw up and submit the following statements within 30 days of the end of the reference calendar month:
(a) PAN (ČNB) 02-12 "Monthly Statement of Instruments,"
(b) PAN (ČNB) 03-12 "Monthly statement of financial data,"
(c) PAN (CNB) 04-12 "Monthly statement of relations between counterparties and instruments,"
(d) PAN (ČNB) 05- 12 "Monthly statement of joint commitments,"
(e) PAN (ČNB) 07-12 "Monthly statement of collateral received,"
(f) PAN (ČNB) 08-12 "Monthly statement of relations between accepted collateral and instruments,"
(g) PAN (CNB) 09-12 "Monthly counterparty risk statement,"
(h) PAN (CNB) 10-12 "Monthly reporting of counterparty default,"
(i) PAN (ČNB) 21-12 "Monthly statement of relations between instruments,"
(j) PAN (ČNB) 23-12 "Monthly statement of economic linked groups of counterparties"; and
(k) PAN (ČNB) 06-12 "Monthly account of accounting data."
(3) The Bank and the branch of a foreign bank shall, on the last day of each calendar quarter, draw up and submit, within 30 days of the end of the calendar quarter under review, the PAN (CNB) report 22-04 "Quarterly report on the credit risk of instruments."
(4) The content of the statements referred to in paragraphs 1 to 3 is set out in the Annex hereto.
Method of compiling statements
(1) The reporting agent shall proceed with the compilation of the statements on the basis of data from his own accounts and other supporting documents in force at the date of the compilation of the statement.
(2) Reports pursuant to Article 3 are compiled by:
(a) a bank with information relating to the activities of that bank in the Czech Republic and to the activities of its branches abroad;
(b) a branch of a foreign bank with data relating to its activities in the Czech Republic.
(3) The Bank includes data for its branches abroad in reported data under the Accounting Act and Regulations implementing it (3), or according to international accounting standards governed by European Unionlaw (4).
The reporting agent uses resident claims data (5)
(a) the Czech Republic, for their identification and classification "List of MFIs in the Czech Republic" issued and updated by the Czech National Bank, which publishes it on its website,
(b) Member States of the European Union, with the exception of the Czech Republic, for their identification and classification "List of MFIs and institutions subject to minimum reserves" issued and updated by the European Central Bank, which publishes it on its website.
Reporting
(1) The reporting person shall submit to the Czech National Bank the statements referred to in Section 3 in electronic form as data reports.
(2) The data messages referred to in paragraph 1 are transmitted by means enabling remote access via the Internet application or user interface of the Czech National Bank collection system, where the formats and structures of these data messages are also available.
(3) The data report to be submitted in accordance with Article 3 (2) or (3) shall be signed by the reporting person by a recognised electronic signature of the contact person.
(4) The reporting person shall communicate to the Czech National Bank the names, workplace address, telephone number and e-mail address of the contact persons and persons responsible for managing the access rights of users of the reporting person to the data communication with the Czech National Bank. The reporting agent shall inform the Czech National Bank without undue delay of changes to this data.
Corrections and changes in accounts
(1) If an error has been detected after the submission of the reports to the Czech National Bank, or a change or addition has been made to the data contained therein, the reporting person shall submit corrected statements to the Czech National Bank without undue delay. Where the correction, amendment or addition affects data in other statements or statements for further periods of time, the reporting agent shall also correct and submit all such subsequent statements.
(2) If, on the basis of a verification of the accounts by the auditor of the reporting agent, changes are made to the statements drawn up on 31 December, the reporting agent shall re-submit those statements with revised values within 15 days of the corresponding changes in the accounts. Where the correction affects data in other statements or statements for other periods of time, the reporting agent shall also correct all such subsequent statements.
(3) The corrected statements shall be presented within the time limit referred to in paragraphs 1 and 2 in accordance with the procedure laid down in Article 6, together with information on the content and the reason for the correction.
Efficacy
This Decision shall enter into force on 1 September 2018.
Governor:
Ing. Rusnok v. r.
Annex to Decree No 131 / 2018 Coll.
Content of the statements submitted by the bank and branch of the foreign bank to the Czech National Bank
I. PAN (ČNB) 01-12 "Monthly statement of counterparties"
The report shall include identification data on institutional units that are counterparties to or are associated with instruments that give rise to credit risk.
II. PAN (ČNB) 02-12 "Monthly Statement of Instruments"
The statement shall contain information on the instruments underlying the credit risk that exist under a contract between the supervised entity and counterparties, including among the reporting institutional units. Instrument data shall be reported at instrument level.
III. PAN (ČNB) 03-12 "Monthly statement of financial data"
The report shall contain data on the financial development of the instruments. Data are reported at instrument level.
IV. PAN (CNB) 04-12 "Monthly statement of relations between counterparties and instruments"
The report shall contain data on the assignment of counterparties to individual instruments. The detail of the data is at the level of the combination of counter-party tools.
V. PAN (ČNB) 05-12 "Monthly statement of joint commitments"
The statement shall contain information on the amount of the debt per borrower, unless it has joint responsibility in relation to one of the instruments. The detail of the data is at the level of the combination of counter-party tools.
VI. PAN (ČNB) 06-12 "Monthly account statement"
The statement shall contain data on the accounting development of the instruments. Data are reported at instrument level.
VII. PAN (ČNB) 07-12 "Monthly statement of received collateral"
The statement shall contain details of the collateral received. The data are reported at the level of the collateral received.
VIII. PAN (CNB) 08-12 "Monthly statement of relations between received collateral and tools"
The report shall contain information on the assignment of the collateral received to the individual instruments. The details of the data are at the level of the combination of the tool - received collateral.
IX. PAN (ČNB) 09-12 "Monthly counterparty risk statement"
The report shall contain data on the counterparty's risk assessment when that counterparty acts as a borrower or protection provider for any of the instruments. Data are reported at counterparty level.
X. PAN (CNB) 10-12 "Monthly reporting of counterparty failure"
The report shall contain details of the default of the counterparty when the counterparty is acting as the obligor or provider of the collateral for any of the instruments. Data are reported at counterparty level.
XI. PAN (ČNB) 21-12 "Monthly Statement of Relations between Instruments"
The report contains data on the time sequence of tools. The detail of the data is at the level of the combination of the previous tool - the downstream instrument.
XII. PAN (ČNB) 22-04 "Quarterly credit risk statement of instruments"
The report shall contain credit risk data. Data are reported at the exposure level of each instrument.
XIII. PAN (CNB) 23-12 "Monthly statement of economically linked groups of counterparties"
The report shall contain data on economic linked groups of counterparties. The details are at the level of the counterparty - an economically linked group.
1) Article 5 of Protocol (No 4) on the Statute of the European System of Central Banks and of the European Central Bank. Council Regulation (EC) No 2533 / 98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank, as amended.
2) Regulation (EU) No 549 / 2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union, as amended.
3) Act No. 563 / 1991 Coll., on Accounting, as amended. Decree No. 501 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are banks and other financial institutions, as amended.
4) Article 2 of Regulation (EC) No 1606 / 2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards.
5) Council Regulation (EC) No 2533 / 98. Regulation (EU) No 549 / 2013 of the European Parliament and of the Council.
6) Annex A Chapter 1, points 1.61 to 1.63 and Chapter 2, points 2.04 to 2.11 of Regulation (EU) No 549 / 2013 of the European Parliament and of the Council.
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Decree No. 131 / 2018 Coll., on the submission of information on loans and credit risk to the Czech National Bank |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 28.06.2018 |
|---|---|
| Effective from | 01.09.2018 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0