Banking – regulatory reporting

Regulatory reporting requirements for the banking sector are ever-increasing, posing significant reporting challenges for banks. Mazars can help you in successfully facing the challenge of completing all these reports in a timely and efficient manner taking into consideration any changes to the regulatory environment.

The number of regulatory reports banks are required to prepare is continuing to rise. Timely completion of all the documents and templates, and ensuring consistency among them and compliance with the regulatory requirements, is becoming a challenge for firms.

Mazars’ sound understanding of regulatory requirements and practical experience in drafting and reviewing regulatory reporting allows us to support you in preparing documents and returns that meet the regulators’ expectations whilst ensuring consistency between them.

The EU Capital Requirement Directive (CRD), implemented through UK law, introduced Internal Capital Adequacy Assessment Process (ICAAP), Internal Liquidity Adequacy Assessment (ILAA) documents and the Pillar III disclosure.

EU Capital Requirements Regulation (CRR) requires institutions to complete the EU Common Reporting in addition to the local prudential templates (FSA GABRIEL returns).

Finally, a Recovery and Resolution Plan (RRP) compliant with the UK regulation and the EU Bank Recovery and Resolution Directive (BRRD) should be developed.

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