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 use of data is no longer limited to big corporations and data analytic companies. Most enterprises today use analytics in some capacity; it’s fair to say the process is widespread. Maintaining transparency in data reporting is equally essential. The European Securities and Markets Authority (ESMA), for instance, has gone through great lengths to ensure […]
To resolve filing issues and make the process more convenient for issuers, ESMA continually updates its reporting manual on the ESEF (European Single Electronic Format). The new update entails an expansion of the existing guidance and reflects relevant developments in the technical specifications. Let’s see what’s new with ESMA and how to choose the right […]
To improve and ease the issuers’ reporting structure, the European Banking Authority (EBA) continuously works towards improvements and updates in their regulations. Considering this and the current crisis due to COVID-19, the EBA recently released phase 2 of its technical package on the reporting framework 2.10. This update lays down the technical tools and specifications […]