MIFIDPRU 9.2 Periodic reporting requirements
A non-SNI MIFIDPRU investment firm must:
- (1)
submit the data items specified in column (A) of the table in MIFIDPRU 9.2.2R to the FCA with the frequency specified in column (C) of that table;
- (2)
complete the data items in (1) with data that show the position on the relevant reporting reference date in column (D) of the table in MIFIDPRU 9.2.2R; and
- (3)
submit the data items in (1) before the submission deadline in column (E) of the table in MIFIDPRU 9.2.2R.
The following table belongs to MIFIDPRU 9.2.1R:
(A) |
(B) Data item description |
(C) Reporting frequency |
(D) Reporting reference dates |
(E) Submission deadline |
MIF001 |
Capital |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF002 |
Liquidity |
Quarterly |
Last business day in: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF003 |
Metrics monitoring |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF004 |
Non-K-CON concentration risk reporting |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF005 |
K-CON concentration risk reporting |
Quarterly |
(1) The firm’s accounting reference date; (2) The firm’s accounting reference date plus 3 months; (3) The firm’s accounting reference date plus 6 months; (4) The firm’s accounting reference date plus 9 months; |
20 business days after the reporting reference date |
MIF007 (note 1) |
ICARA assessment questionnaire |
Annually (note 2) |
The reference date according to which the firm reviews the adequacy of its ICARA process under MIFIDPRU 7.8.2R |
The date notified to the FCA by the firm under MIFIDPRU 7.8.4R (or such other date as directed by the FCA) |
Note 1 |
Where a firm is included in a group ICARA process in accordance with MIFIDPRU 7.9.5R, the firm must still submit data item MIF007 on an individual basis, containing information about the firm that has been derived from that group ICARA process. Data item MIF007 does not apply on a consolidated basis. |
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Note 2 |
Under MIFIDPRU 7.8.2R, in certain circumstances, a firm may carry out a review of its ICARA process more frequently than the minimum required annual frequency. If so, the firm must submit data item MIF007 separately after each review. |
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An SNI MIFIDPRU investment firm must:
- (1)
submit the data items specified in column (A) of the table in MIFIDPRU 9.2.4R to the FCA with the frequency specified in column (C) of that table;
- (2)
complete the data items in (1) with data that show the position on the relevant reporting reference date specified in column (D) of the table in MIFIDPRU 9.2.4R; and
- (3)
submit the data items in (1) before the submission deadline in column (E) of the table in MIFIDPRU 9.2.4R.
The following table belongs to MIFIDPRU 9.2.3R:
(A) |
(B) Data item description |
(C) Reporting frequency |
(D) Reporting reference dates |
(E) Submission deadline |
MIF001 |
Capital |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF002 (Note 1) |
Liquidity |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF003 |
Metrics monitoring |
Quarterly |
Last business day: (1) March; (2) June; (3) September; (4) December |
20 business days after the reporting reference date |
MIF007 (note 2) |
ICARA assessment questionnaire |
Annually (note 3) |
The reference date according to which the firm reviews the adequacy of its ICARA process under MIFIDPRU 7.8.2R |
The date notified to the FCA by the firm under MIFIDPRU 7.8.4R (or such other date as directed by the FCA) |
Note 1 |
If, exceptionally, the FCA has exempted an SNI MIFIDPRU investment firm from the liquidity requirements in MIFIDPRU 6, the firm is not required to submit MIF002. |
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Note 2 |
Where a firm is included in a group ICARA process in accordance with MIFIDPRU 7.9.5R, the firm must still submit data item MIF007 on an individual basis, containing information about the firm that has been derived from that group ICARA process. Data item MIF007 does not apply on a consolidated basis. |
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Note 3 |
Under MIFIDPRU 7.8.2R, in certain circumstances, a firm may carry out a review of its ICARA process more frequently than the minimum required annual frequency. If so, the firm must submit data item MIF007 separately after each review. |
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Where a firm is required to submit any of the data items MIF001 to MIF005 under MIFIDPRU 9.2.1R or MIFIDPRU 9.2.3R, it must submit the data items:
- (1)
in the format specified in MIFIDPRU 9 Annex 1R; and
- (2)
in accordance with the instructions in MIFIDPRU 9 Annex 2G.
Where an investment firm group contains multiple MIFIDPRU investment firms, the firms may designate a single MIFIDPRU investment firm or the UK parent entity to submit all necessary data items under this section on their behalf.
Where a MIFIDPRU investment firm (“A”) designates another MIFIDPRU investment firm or a UK parent entity (“B”) to submit data items under MIFIDPRU 9.2.6R, A remains responsible for the timely submission and accuracy of any data items submitted by B on A’s behalf.