Use of the Guidelines on Common Solvency and Financial Reporting

Download the Use of Guidelines on COmmon solvency REPorting (COREP) and FINancial REPorting (FINREP) established by the Committee of European Banking Supervisors (CEBS) as implemented in Austria.

CEBS has foreseen in its work programme for 2007 that a web-based facility, accessible to both supervisors and market participants, will be established to collect and address questions emerging in the implementation of the reporting frameworks. The answers only reflect CEBS’ views on problems arising from the implementation of the CEBS Guidelines on Reporting, but they cannot be considered as interpretations of the underlying regulations (Directive 2006/48/EC and Directive 2006/49/EC, and IAS/IFRS endorsed by the European Union).

The decisions included in the questions (on the CEBS-Website) are applicable in our national implementations to the extent that the data are required in our jurisdiction.