Making Banks’ Data Reporting More Efficient

Navigating global shareholder reporting changes

Shareholding disclosure rules remain a cornerstone for market transparency across global jurisdictions, requiring investors to report holdings when they hit specific thresholds tied to voting rights, share capital or the total outstanding shares in a class. However, keeping pace with regulatory shifts impacting disclosure data and reporting processes has become increasingly challenging for financial institutions. LSEG, a global financial infrast…

Making Banks’ Data Reporting More Efficient

Collecting data from banks is essential for authorities to conduct monetary policy, supervision and resolution. But banks in Europe are facing more and more regulatory reporting requirements from various European and national authorities. These requirements often differ in terms of definitions, reporting deadlines and templates. For banks, this lack of harmonisation makes reporting unnecessarily burdensome; for authorities, it complicates sharin…

ECB | Making banks’ data reporting more efficient | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Making banks’ data reporting more efficient

By José Manuel Campa and Isabel Schnabel European and national authorities have joined forces with banks to integrate reporting requirements across Europe. This will reduce costs for banks and improve data quality. In this blog post we describe the European integrated reporting initiative and present some initial results. Collecting data from banks is essential for authorities to conduct monetary policy, supervision and resolution. But banks in…