BIPRU Sch 2 Notification and reporting requirements

11 The aim of the guidance in the following table is to give the reader a quick overall view of the relevant notification requirements.

2 It is not a complete statement of those requirements and should not be relied on as if it were.

3 Table

BIPRU 1.2.30 R

Adoption of or significant change to a trading book policy statement

Copy of the trading book policy statement

Adoption of or significant change to a trading book policy statement

Immediately

BIPRU 3.2.35 R (5)

Fact of exposure or firm ceasing to meet the conditions in BIPRU 3.2.25 R3

(5): Fact of exposure or firm ceasing to meet the conditions in 3BIPRU 3.2.25 R3

(5): Ceasing to meet conditions

(5): First report date after the obligation to notify becomes due5

5BIPRU 7.2.48B R

Total sum of a firm's weighted net long and net short securitisation and resecuritisation positions, broken down by types of underlying assets

Total sum of a firm's weighted net long and net short securitisation and resecuritisation positions, broken down by types of underlying assets

Periodically as set out in SUP 16.12

In accordance with SUP 16.12

BIPRU 7.4.23 R

Intention to rely on approach in BIPRU 7.4.22 R (1)(b)

Fact of intention and details on which commodities the firm intends to treat as same commodity-class and justification

Intention to rely

At least 20 business days prior to the date the firm starts relying on BIPRU 7.4.23 R

BIPRU 7.5.4 R

Intention to use an exclusion under BIPRU 7.5.4 R (1)

Fact of intention and the terms on which the relevant item will be excluded from the firm's foreign currency PRR calculation

Intention to use

Before use of the exclusion5

5BIPRU 7.10.55ZA R

Material shortfall in the amount of capital required under the all price risk measure identified as a result of performing the stress tests under BIPRU 7.10.55Z R

Information about the stress tests and the material shortfall in capital

Existence of a material shortfall in capital

No later than two business days after the business day on which the material shortfall occurred

BIPRU 7.10.104 R

Occurrence of backtesting exception

Fact of backtesting exception

Backtesting exception

Orally within 2 business days, and written account of all backtesting exceptions that Month, within 5 business days after the Month

BIPRU 7.10.129 R

Operation of the VaR model, systems and controls relating to it and changes to the VaR model and those systems and controls

Documentation specified in the VaR model waiver/VaR model permission

FSA specified requirements

No later than number of business days after the end of each quarter specified in the VaR model permission

BIPRU 7.10.130 R

Details of significant planned changes to the VaR model

Information about the nature of the change and an estimate of the impact on VaR numbers and theincremental risk charge5

Intention to change

Prior to any changes being implemented

BIPRU 8.4.18 R(2)

Serious risk that could undermine the financial stability of the CAD Article 22 group

Fact of serious risk to group financial stability

Events/

activities leading to serious risk to group financial stability

As soon as the firm becomes aware of that risk

BIPRU 8.4.18 R (3)

Consolidated capital resources and consolidated capital resources requirement of the CAD Article 22 group as set out in the investment firm consolidation waiver

Amount of CAD Article 22 group consolidated capital resources and consolidated capital resources requirement

Periodically as set out in the investment firm consolidation waiver

Not specified

BIPRU 8.4.18 R (4)

Large exposures risks of the CAD Article 22 group including undertakings not located in a member State

Large exposures risks of the CAD Article 22 group including undertakings not located in a member State

Periodically as set out in the investment firm consolidation waiver

Not specified

BIPRU 8.5.9 R

Intention to exclude an undertaking from consolidation

Fact of intention and details of undertaking to be excluded

Intention to exclude

In accordance with SUP 15.74

4BIPRU 8.6.1B R

Intention of a group undertaking to issue a capital instrument for inclusion in capital resources or consolidated capital resources

Fact of intention and details of intended amount, issue date, type of investor, stage of capital, features of instrument and confirmation of compliance with rules

Intention to issue

As soon as proposed issue becomes known to firm

4BIPRU 8.6.1C R

Proposed changes to details of the issue of a capital instrument notified under BIPRU 8.6.1B R

Proposed change and all information required under BIPRU 8.6.1B R (1) to BIPRU 8.6.1B R (4)

Intention to change any details of the issue previously notified to the FSA

As soon as the changes are proposed

4BIPRU 8.6.1D R

Proposed establishment of a debt securities program by a group undertaking

All information required under BIPRU 8.6.1B R (1) to BIPRU 8.6.1B R (4)

Intention to establish

As soon as proposed establishment becomes known to firm

4BIPRU 8.6.1F R

Issue of capital instruments by a group undertaking under BIPRU 8.6.1E R

All information required under BIPRU 8.6.1B R (1) to BIPRU 8.6.1B R (3) and confirmation no changes have been made to the terms of the instrument from a previous similar issue

Intention to issue

No later than the date of issue

BIPRU 8.7.16 R

(1) The choice of consolidation technique in BIPRU 8.7.13 R it applies for which consolidated requirement component: and

(2) to which members of the relevant group it is applying the different methods in BIPRU 8.7.13 R

(1) The choice of consolidation technique in BIPRU 8.7.13 R to be applied for each consolidated requirement component

(2) the members of the relevant group to which it is applying the different methods in BIPRU 8.7.13 R

See SUP 16

See SUP 16

BIPRU 9.6.2 R

Provision of implicit support to a securitisation

(1) Provision of non-contractual support, and

(2) The regulatory capital impact of providing implicit support

Provision of implicit support

Not specified

3BIPRU 10.8A.12 R3

Exposure being treated as exempt under BIPRU 10.8A (Core UK group) 3 ceases to meet the conditions for application of the treatment

Fact or expectation of any exposure3 to which it has applied the treatment ceases to meet the conditions for application of the treatment

Awareness of situation

Immediately3

3BIPRU 10.9A.8 R (2)

Intention to use BIPRU 10.9A.8 R (1) to concentrate an exposure to a particular member of the non-core large exposures group that exceeds 25% of the capital resources of the firm's core UK group

Fact of intention and the information in BIPRU 10.9A.8 R (3)

Intention to use BIPRU 10.9A.8 R (1)

Not specified

3BIPRU 10.9A.12 R

Exposure being treated as exempt under BIPRU 10.9A (Intra-group exposures: exposures outside the core UK group) ceases to meet the conditions for application of the treatment

Fact or expectation of any exposure to which it has applied the treatment ceases to meet the conditions for application of the treatment

Awareness of situation

Immediately

BIPRU 10.12.6 R

Artificial transfer, transaction or arrangement.

Fact of entry into a transfer, transaction or arrangement of the type mentioned in BIPRU 10.12.5 R

Entry into an artificial transfer, transaction or arrangement

Not specified

2BIPRU 12.4.9 R

Results of the BIPRU 12.4 stress tests

The results referred to in column (2)

The carrying out of the BIPRU 12.4 stress tests

To be reported in a timely manner

2BIPRU 12.6.13 R (2)

A simplified ILAS BIPRU firm's policy statement prepared in accordance with BIPRU 12.6.13 R

The policy statement referred to in column (2)

The firm's decision to apply for a simplified ILAS waiver

Prior to the firm's application for a simplified ILAS waiver

2BIPRU 12.9.13 R

The occurrence of any of the events identified in BIPRU 12.9.14 R

Fact of occurrence and adequately reasoned explanation for the deviation

The occurrence of any of the events identified in BIPRU 12.9.14 R

As soon as the firm becomes aware of the event in question

2BIPRU 12.9.18 R

A firm's liquidity remediation plan

The matters identified in BIPRU 12.9.18 R

The occurrence of any of the events identified in BIPRU 12.9.14 R

Within two days of the notification made under BIPRU 12.9.13 R

BIPRU 13.2.2 R

Counterparty risk exposure of non-standard type

Fact of exposure, counterparty involved, nature of the exposure and capital treatment adopted

Entry into non-standard exposure

Immediately

BIPRU 13.6.20 R

Cessation to comply with requirements set out in BIPRU 13.6 for CCR internal model method permission

Plan for timely return to compliance or demonstration that the effect of non-compliance is immaterial

Ceasing to comply with requirements

Immediately