Decree No. 326 / 2019 Coll.
Decree amending Decree No. 426 / 2013 Coll., on the submission of statements by savings and credit cooperatives to the Czech National Bank, as amended
Valid
Order
Effective from 01.06.2020
Text versions:
01.06.2020
10.12.2019
326
DECLARATION
of 3 December 2019
amending Decree No. 426 / 2013 Coll., on the submission of statements by savings and credit cooperatives of the Czech National Bank, as amended
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.:
Decree No. 426 / 2013 Coll., on the submission of statements by savings and credit cooperatives to the Czech National Bank, as amended by Decree No. 310 / 2014 Coll. and Decree No. 301 / 2015 Coll., is amended as follows:
1. in Article 2, point (b) is deleted;
Point (c) shall be renumbered (b).
2. in Article 3 (2) (b):
"(b) within 29 days of the end of the calendar month to which it relates, the FIN (IND) statement 01-12" Financial information (FINREP) on an individual basis. "';
3. In Article 3, the following paragraph 3 is inserted after paragraph 2:
"(3) The statement referred to in paragraph 2 (b) drawn up after:
(a) March, June and September shall be submitted within 37 days of the end of the calendar month to which it relates;
(b) December shall be submitted by 10 February of the following year. "
Paragraphs 3 to 5 shall be renumbered paragraphs 4 to 6.
4. in Article 3 (4) (d):
"(d) within 33 days of the end of the calendar quarter to which it relates, the DZ (CNB) report 23-04" Referring to the cooperative reserve risk report. "'
5. Paragraph 3 (6) is deleted.
6.
Method and form of reporting
(1) The cooperative reserve submits the reports to the Czech National Bank pursuant to Sections 3 and 4 in electronic form as data messages in the format and structure of the data files.
(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.
(3) The data report referred to in paragraph 1 shall be signed by the cooperative by a recognised electronic signature of the contact person.
(4) The cooperative reserve will communicate to the Czech National Bank the name, address of the workplace, telephone number and e-mail address of the contact persons. The cooperative reserve of the Czech National Bank informs about changes to these data without undue delay. "
7. Article 8 shall be deleted, including the title.
8. In Section 9, the second sentence is deleted.
9. Annex No 1, including the title, reads:
"Annex No 1 to Decree No 426 / 2013 Coll.
Content of the reports submitted by the Czech National Bank
1. DZ (ČNB) 26-12 "Monthly statement of selected commitments for the calculation of PMR"
The statement shall contain data for the calculation of the reserve requirements aggregated for all currencies, broken down by original maturity of liabilities and by basic sectoral breakdown of creditors.
2. DZ (ČNB) 43-04 "Report on the concentration of loans and deposits of the cooperative reserve"
The statement shall contain data on the aggregate amount of claims before impairment and liabilities for 15 credit institutions and 15 persons other than credit institutions (government and other clients) with the highest amount of claims or liabilities.
3. DZ (ČNB) 50-04 "Report on the organizational structure of the cooperative reserve"
The statement shall include basic identification and classification data on the cooperative advance, the number of its staff and organisational components, the basic identification data on the branch of the cooperative reserve abroad, the identification and classification data on the senior management of the cooperative reserve, the contact persons, the member base, and an overview of all members of the cooperative reserve whose share of the members' capital contributions in the cooperative reserve exceeds 5% inclusive, and information on the qualifying shares in the cooperative advance.
4. DZ (ČNB) 80-01 "Report on the structure of the consolidation unit"
The report shall contain basic information on the consolidation unit and the persons included in it, including basic identification data, core capital, basic identification and classification data on the members of the management bodies, qualified interests and methods of consolidation for prudential requirements.
5. DZ (ČNB) 60-01 "Annual statement of the cooperative reserve on the number of processed banknotes and coins"
The statement shall contain information on the number of processed domestic banknotes and coins, with the exception of domestic banknotes and coins processed in bulkheads, broken down by method of processing domestic banknotes and coins processed in machine or hand. It also contains information on the number of unprocessed domestic banknotes and coins transferred for processing to processors of domestic banknotes and coins, another credit institution performing cash operations or the Czech National Bank, as well as the number of domestic banknotes and coins returned to circulation by non-anonymous devices, broken down by way of processing domestic banknotes and coins returned to processed non-anonymous devices, the reporting entity, the Czech National Bank, the processor of domestic banknotes and coins or any other credit institution.
6. DZ (ČNB) 24-04 "Quarterly statement of insured claims on deposits"
The report shall contain information on insured and covered deposit claims with the cooperative reserve broken down by type of creditor.
7. FIN (IND) 01-12 "Financial information (FINREP) on an individual basis"
The statement shall contain information on the financial position of the cooperative reserve and an overview of the revenues and costs and of the accounting profit or loss from the beginning of the year to the end of the reference period on the base breakdown derived from international accounting standards. It shall also include additional information to the balance sheet, to the profit or loss account and information on performance and non-performance exposures and reliance exposures.
8. DZ (ČNB) 23-04 "Interest rate risk reporting of the cooperative reserve"
The statement shall contain data on the basic structure of the assets, liabilities, equity and off-balance sheet items according to the revaluation time bands and the results of the standardised shock for the investment portfolio. ';
Transitional provisions
1. For the obligation to draw up and submit statements relating to the period prior to the date of entry into force of this Order, Decree No. 426 / 2013 Coll., as effective before the date of entry into force of this Order, shall apply.
2. The statement provided for in Article 3 (4) (d) of Decree No. 426 / 2013 Coll., as effective from the date of entry into force of the Decree, shall be drawn up by the cooperative reserve for the first time by 31 December 2020.
Efficacy
This Decision shall enter into force on 1 June 2020.
Governor:
Ing. Rusnok v. r.
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Regulation Information
| Citation | Decree No. 326 / 2019 Coll., amending Decree No. 426 / 2013 Coll., on the submission of reports by savings and credit cooperatives of the Czech National Bank, as amended |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 10.12.2019 |
|---|---|
| Effective from | 01.06.2020 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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