Navigating the Regulatory Landscape
Regulatory Reporting involves the submission of raw or formatted data required by financial supervisors to evaluate and monitor the risks, financial health, and compliance of financial institutions. This essential process helps maintain the stability and integrity of the financial system.
Comprehensive Reporting Process
The regulatory reporting process includes gathering, processing, calculating, validating, formatting, and submitting data regularly required by National Competent Authorities or any supervisory bodies. This function is critical for protecting the global financial system from systemic shocks and is a top priority for the European Central Bank and the European Commission.
Collaboration with European Supervisory Agencies
The European Central Bank (ECB) and European Commission (EC) work closely with European Supervisory Agencies to ensure robust regulatory oversight:
- European Banking Authority (EBA)
- European Insurance and Occupational Pensions Authority (EIOPA)
- European Securities and Markets Authority (ESMA)
- Single Resolution Board (SRB)
Each agency is mandated to provide technical standards on regulatory reporting, ensuring financial institutions meet stringent compliance requirements.
Stay Compliant with Aguilonius
At Aguilonius, we understand the complexities of regulatory reporting. Our solutions are designed to help you navigate this evolving landscape with ease, ensuring your data is accurate, validated, and compliant with all regulatory provisions.