The new European regulation for occupational pension funds, IORP II, has come into force from January 2019. The aim of this regulation is improve governance for pension funds and increase protection for pensioners.
European Single Electronic Format (ESEF) is an upcoming mandate by the European Securities and Markets Authority (ESMA) to simplify reporting for issuers, standardise reporting across the European Union (EU), and improve readability and consumption of annual financial reports.
DataTracks’ AIFMD solution aims to be a one-stop support tool for filing the AIFMD Annex IV with ESMA. AIFMD Annex IV Reporting requires Alternative Investment Fund Managers to provide systematic, detailed reports on their assets, transactions, investment strategy and activities, risks and business relationships.
DataTracks’ Solvency II Pillar 3 reporting SaaS is easy to use, providing EIOPA mandate validations and rendering high-quality reports. Hosted on a private cloud, it gives you complete control and security over your data.
The Capital Requirements Regulations and the Capital Requirements Directive (CRD IV) have brought in a harmonised reporting framework called COREP and FINREP for banks and investment firms throughout the European Union.
Markets in Financial Instruments Directive II (MiFID II) is set to considerably expand the scope of reporting requirements, imposing new obligations on investment firms, particularly in the areas of trade and transaction reporting, best execution and commission management.
The FATCA/CRS regime was brought into force to detect and bring into record undisclosed assets held by citizens in foreign countries by imposing reporting obligations on the Financial Institutions (FFIs) of each participating country.
DataTracks prepares more than 14,000 XBRL statements annually for filing with regulators such as SEC in the United States, HMRC in the United Kingdom, Revenue in Ireland, Eurofiling compliance reports in Europe, ACRA in Singapore and MCA in India. Honed by our experience of preparing more than 185,000 compliance reports, our solutions and services are designed to assure quality, reliability and ease of use.
The ESEF Regulation – What it is and what it aims to do The European Single Electronic Format, also known as the ESEF regulation, was introduced to facilitate access, analysis, and comparison of annual financial reports. By allowing greater transparency and bringing the financial reporting process up a notch, the ESEF regulation is aimed at […]
The EBA continually strives to update the reporting framework for improved consistency and quality of financial reports being submitted. In its efforts to do so, EBA has published a new reporting framework, updating the mapping of quantitative disclosure data and supervisory reporting. This framework is an update of reporting framework 2.10, which aims to foster […]
FCA Pushes Back Mandatory Requirements Related to ESEF by a Year The FCA (UK Financial Conduct Authority) has set back the mandatory requirements related to the ESEF (European Single Electronic Format) by one year. These ESEF initiatives were supposed to include:- ● Reporting requirements for preparation and filing of machine-readable financial statements. ● Electronic tagging […]