30 November 2015

Regulatory Reporting

Ani Nacheva - Arkk Solutions

8Posts 13,902Views 0Comments

GABRIEL to accept COREP and FINREP submissions from today

01 April 2014  |  1041 views  |  0

As from today, FCA’s reporting system GABRIEL is ready to receive COREP and FINREP submissions.

If your firm falls into the scope of CRD IV, COREP modules COR001 Own Funds & Leverage and COR002 Large Exposures should already appear in your online reporting schedule, for the period from 1 January to 31 March 2014. COR003 NSFR and COR004 LCR will appear for the period ending 31 March and FINREP modules will be available for periods ending after 1 July 2014.

As from today, all online reporting schedules should have been updated and the FCA advises all affected firms to check if their schedule is correct, and contact GABRIELQueries@fca.org.uk in case of errors and discrepancies.

There are still a number of validation issues with the current Taxonomy. In result, the FCA and PRA have decided to downgrade the validations to ‘warnings’ to avoid any unnecessary submission rejections. Validation failures will still be captured, but a failed validation rule will not cause a file to be rejected by the system. However, the FCA warns all companies that it is their responsibility to report accurate data as per the CRD IV ITS.


Source: FCA, (2014), available at: http://www.fca.org.uk/static/documents/march-go-live-crd-iv.pdf (accessed on 01/04/14)


TagsRisk & regulation

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from Ani

PRA consults on further Solvency II reforms

25 November 2014  |  2092 views  |  0  |  Recommends 0 TagsRisk & regulation

Solvency II Pillar 3: The biggest challenge for EU insurers

05 November 2014  |  3037 views  |  0  |  Recommends 0 TagsRisk & regulation

GABRIEL to accept AIFMD reports from 20 October 2014

02 October 2014  |  2698 views  |  0  |  Recommends 0 TagsRisk & regulation

5 Best Practice COREP Reporting Tips

27 May 2014  |  1193 views  |  0  |  Recommends 0 TagsRisk & regulation

COREP filing postponed and 290 bad ITS validations confirmed

17 April 2014  |  1665 views  |  0  |  Recommends 0 TagsRisk & regulation

Ani's profile

job title Marketing Coordinator
location London
member since 2014
Summary profile See full profile »
Ani Nacheva is a marketing coordinator at Arkk Solutions London, the UK's leading XBRL consultancy and software provider.

Ani's expertise

What Ani reads
Ani writes about
Ani's blog archive
2014 (8)

Who's commenting on Ani's posts