Public consultation on amendments to the ECB Regulation on monetary financial institution balance sheet statistics

The European Central Bank (ECB) has adopted a new Regulation on the balance sheet items of credit institutions and of the monetary financial institutions sector (ECB/2021/2), published on 27 January 2021.

This new Regulation introduces new reporting requirements to enhance the analysis of monetary and credit developments, as well as modifications to some existing requirements, definitions and reporting derogations where this would support better integration with other statistical datasets. These changes were included in a draft amendment to Regulation (EU) No 1071/2013 of the ECB of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (ECB/2013/33) that underwent a public consultation from 10 February to 13 March 2020. Five responses from interested parties were received during the public consultation and have been taken into consideration in the new Regulation.

Following the assessment of the comments, and in the context of the disruption caused by the coronavirus (COVID-19) pandemic, the ECB decided to postpone the implementation of the new reporting requirements until the beginning of 2022. Besides the new reporting requirements, it was also necessary to take into account changes to related legal acts which will apply as of mid-2021. For this reason, the draft amending Regulation was converted into a new recast Regulation.

Below are links to the new recast Regulation, a feedback statement giving an overview and general assessment of the comments received, the individual comments submitted and other documents relating to the public consultation.