Regulatory Reporting Data 

Definition

Attributes for regulatory reporting requirements that can be stored in the Business Partner.

Use

Regulatory reporting data is used in the context of the banking or insurance supervisory authority to enable the revenue performance of the banks, insurance companies, and financial services providers under supervision to be analyzed. The main emphasis of the supervisory regulations lies in areas such as own resources, liquidity, foreign trade, and loans business in the respective institutions. Regulatory reporting data can also be used for banking statistics, or the compilation of information about foreign trade for the German Federal Bank.

The reports are based on the legal requirements of the German Banking Act (GBA) or the German Asset Regulation, for example. Organizations subject to these supervisory requirements can submit their reports to the corresponding supervisory institutions (German Federal Bank, German Federal Financial Supervisory Authority, etc.).

Structure

You can store attributes from the following areas of regulatory reporting in the Business Partner:

·        Regulatory reporting data in the context of the German Banking Supervisory Body of the German Federal Financial Supervisory Authority (BaFin).

This includes attributes such as the loan to managers, multimillion loan, borrower and borrower entity number, credit standing check in accordance with the GBA, non-resident, company relationship, German Federal Bank country code, risk group, group affiliation, monetary financial institute, GBA-relevance, large-scale loan monitoring, and crediting relief.

·        Regulatory reporting data in the context of the German Insurance Supervisory Body of the German Federal Financial Supervisory Authority (BaFin).

This includes attributes such as legal entity, paragraph 3 section 2 of the German Asset Regulation, debtor group, and paragraph 1 section 1 no. 20b of the German Asset Regulation.

·        Regulatory reporting data in the context of the Austrian Financial Market Authority (FMA).

This includes attributes such as the OeNB ident number, ident number assignment, OeNB target group, OeNB institution code, and OeNB reporting obligation.

Integration

You make settings for regulatory reporting data in Customizing for the SAP Business Partner for Financial Services under Settings for Financial Services ® General Settings ® Regulatory Reporting Data in the following IMG activities:

·        Define OeNB Target Groups

·        Define Recipients of Loans to Managers

·        Define GBA Reporting Information

·        Define Country Indicators in Accordance with German Federal Bank