Prudential Regulation Authority Rulebook

9.1

A lead regulated firm must submit a copy of its annual report and audited accounts within 80 business days from its accounting reference date.

9.2

The applicable data items referred to in the table in 6.1 for a UK designated investment firm are set out in the table below:

2. (1) When submitting the completed data item required, a firm must use the format of the data item set out in Chapter 18.
3. (2) Firms that are members of a consolidation group must also submit this report on a consolidation group basis.
4. (3) [deleted.]
5. (4) Only applicable to UK designated investment firms that:
1. (a) are subject to consolidated supervision under the CRR, except those that are either included within the consolidated supervision of a group that includes a UK credit institution, or
2. (b) are not subject to consolidated supervision under the CRR.
6. A UK designated investment firm under (a) must complete the report on the basis of its consolidation group. A UK designated investment firm under (b) must complete the report on the basis of its individual position.
7. (5) Only applicable to a firm whose ultimate parent is a mixed-activity holding company.
8. (6) Only applicable to a firm that is a sole trader or a partnership, when the report must be submitted by each partner.
9. (7) [deleted.]
10. (8) Only applicable to a firm with an individual consolidation permission
11. (9) [deleted]
12. (10) [deleted]
13. (11) [deleted]
14. (12) [deleted]
15. (13) [deleted]
16. (14) [deleted]
17. (15) Only applicable to firms that have a CRR permission to use the IRB Approach.
18. (16) Lines 62 to 64 only are applicable. These lines apply to a firm that applies add-ons to their market risk capital calculation under the RNIV framework.
19. (17) This data item includes all annual reports and accounts that a firm is required to prepare under the Companies Act 2006 including group accounts, where required under that Act.
20. (18) A firm which is a IFRS firm must use the templates at Annex III of the Supervisory Reporting ITS. Any other firm must use the templates at Annex IV of the Supervisory Reporting ITS.
21. (19) A firm must complete this item separately on each of the following bases that are applicable.
22. 1. (a) It must complete it on an individual basis. Therefore even if it has an individual consolidation permission it must complete the item on an unconsolidated basis by reference to the firm alone.
    2. (b) If it is part of a domestic liquidity sub-group, it must complete the item on the basis of that group and (a) does not apply.
    3. (c) If it is part of a sub-consolidation group, it must complete the item on the basis of that sub-consolidation group.
    4. (d) If it is an EU parent institution, it must complete the item on the basis of its consolidated situation.
    5. (e) If it is a UK bank or building society controlled by an EU parent financial holding company or by an EU parent mixed financial holding company it must complete the item on the basis of the consolidated situation of that holding company if the PRA is responsible for supervision of the firm on a consolidated basis under Article 111 of the CRD.
    6. (f) If it is a UK designated investment firm controlled by an EU parent financial holding company or by an EU parent mixed financial holding company the firm must complete the item on the basis of the consolidated situation of that holding company if: (1) there is no subsidiary of the holding company which is a credit institution to which (e) applies; and (2) the PRA is responsible for the supervision of the firm on a consolidated basis under Article 111 of the CRD.
    7. If the data item is required to be completed by the firm on a consolidated basis (pursuant to (d), (e) or (f) above) or on a sub-consolidated basis (pursuant to (c) above), the firm must carry out the consolidation or sub-consolidation to the same extent and in the same manner as it is required to comply with the obligations laid down in Part Six of the CRR on a consolidated basis or sub-consolidated basis.
23. (20) Unless otherwise stated in the relevant modification, any changes to reporting requirements caused by a firm receiving a domestic liquidity sub-group permission do not take effect until the first day of the next reporting period applicable under the changed reporting requirements for the data item in question if the firm receives that permission part of the way through such a period. If the change is that the firm does not have to report a particular data item or does not have to report it at a particular reporting level, the firm must nevertheless report that data item or at that reporting level for any reporting period that has already begun.
24. (21) This data item must be reported in the single currency in which the firm reports for the purposes of Article 415(1) of the CRR and in any additional currencies in which the firm is required to report under Article 415(2) of the CRR.

9.3

The applicable reporting frequencies for submission of data items and periods referred to in 9.2 are set out in the table below. Reporting frequencies are calculated from a firm's accounting reference date, unless indicated otherwise.

1. (1) [deleted]
2. (2) [deleted]
3. (3) [deleted]
4. (4) [deleted]
5. (5) The reporting frequency in this row applies to all annual reports and accounts that a firm is required to submit under 7.1.
6. (6) Reporting frequencies and reporting periods for these data items are calculated on a calendar year basis and not from a firm's accounting reference date unless the firm notifies the PRA that it intends to adjust its reporting reference date for submission of the data item from the calendar year to its accounting year-end in accordance with 19.3A. Where a firm reports on a calendar year basis:
   1. (a) a month begins on the first day of the calendar month and ends on the last day of that month;
   2. (b) quarters end on 31 March, 30 June, 30 September and 31 December; and
   3. (c) half years end on 30 June and 31 December.
7. (7) If the report is on an individual basis the reporting is quarterly. If the report is on a consolidated basis, the reporting frequency is half yearly.
8. (8) [deleted]
9. (9) Reporting frequencies and reporting periods for this data item are calculated on a calendar year basis and not from a firm's accounting reference date. In particular:
10. 1. (a) A week means the period beginning on Saturday and ending on Friday.
    2. (b) A month begins on the first day of the calendar month and ends on the last day of that month.
    3. (c) Quarters end on 31 March, 30 June, 30 September and 31 December.
    4. (d) Daily means each business day.
11. All periods are calculated by reference to London time.
12. Any changes to reporting requirements caused by a firm receiving a domestic liquidity sub-group permission do not take effect until the first day of the next reporting period applicable under the changed reporting requirements if the firm receives that permission part of the way through such a period. If the change is that the firm does not have to report a particular data item or does not have to report it at a particular reporting level, the firm must nevertheless report that data item or at that reporting levelfor any reporting period that has already begun.
13. (10)
14. 1. (a) If the reporting frequency would otherwise be weekly, the item is to be reported on every business day if (and for as long as) there is a specific liquidity stress or market liquidity stress in relation to the firm, branch or group in question.
    2. (b) If the reporting frequency would otherwise be monthly, the item is to be reported:
    1. (i) every business day if the firm has total assets, calculated in accordance with Council Directive 86/635/EEC, equal to or greater than £5 billion on an individual basis or UK consolidation group basis; and
    2. (ii) weekly if the firm has total assets, calculated in accordance with Council Directive 86/635/EEC, of less than £5 billion on both an individual basis and UK consolidation group basis,
    3. if (and for as long as) there is a specific liquidity stress or market liquidity stress in relation to the firm, branch or group in question.
    4. (c) A firm must ensure that it would be able at all times to meet the requirements for daily or weekly reporting under paragraph (a) or (b) even if there is no specific liquidity stress or market liquidity stress and none is expected.
15. (11) The reporting frequency is as follows:
16. 1. (i) weekly if the firm has total assets, calculated in accordance with Council Directive 86/635/EEC, equal or greater than EUR 30 billion on either an individual basis or UK consolidation group basis. This requirement stops applying if the total assets of the firm on both an individual basis and UK consolidation group basis reduce to less than EUR 30 billion for at least four consecutive weekly reporting periods, in which case the firm is required to start reporting this data item monthly after the end of last consecutive reporting period; and
    1. (ii) monthly if the firm has total assets, calculated in accordance with Council Directive 86/635/EEC, of less than EUR 30 billion on both an individual basis and UK consolidation group basis. This requirement stops applying if during any monthly reporting period the total assets of the firm, on either an individual basis or UK consolidation group basis, become equal to or greater than EUR 30 billion, in which case the firm is required to start reporting this data item weekly after the end of that reporting period.

9.4

The applicable due dates for submission referred to in the table in 6.1 are set out in the table below. The due dates are the last day of the periods given in the table below following the relevant reporting frequency period set out in 9.3, unless indicated otherwise.

2. (1) For unconsolidated and individually-consolidated reports.
3. (2) For consolidation group reports.
4. (3) [deleted]