SUP 16.7 Financial reports

Annual report and audited accounts

N/A

Annually

3 months after the firm's accounting reference date

Adequate information on capital adequacy (Unconsolidated, solo consolidated)

BSD3

Quarterly

10 business days after quarter end Note 6 (12 business days if submitted electronically)

Adequate information on capital adequacy (Consolidated)

BSD3 (Note 2)1

Half yearly

20 business days after period end (22 business days if submitted electronically)

Analysis of large exposures (Unconsolidated, solo consolidated)

LE2 or LE3 (Note 7)

Quarterly

10 business days after quarter end (Note 6) (14 business days if LE3 submitted electronically)

Analysis of large exposures (Consolidated)

LE2 or LE3 (Note 2) (Note 7)1

Quarterly

20 business days after quarter end (Note 6) (24 business days if LE3 submitted electronically)

Analysis of significant transactions (other than those resulting in large exposures) with the mixed-activity holding company and its subsidiaries12

LE2 or LE312(Note 8)12

Quarterly12

20 business days after quarter end (Note 6) (24 business days if LE3 is submitted electronically)12

Adequate information on holdings of credit and financial institutions' and non-financial companies' capital instruments (Unconsolidated, solo consolidated)

M1 (Note 3)1

Quarterly

10 business days after quarter end (Note 6) (12 business days if submitted electronically)

Adequate information on holdings of credit and financial institutions' and non-financial companies' capital instruments (Consolidated)

M1 (Note 2 & Note 3)1

Half yearly

20 business days after period end (22 business days if submitted electronically)

Adequate information on sterling stock liquidity

SLR1 (Note 4)1

Monthly (Note 5)1

6 business days after second Wednesday of the month

Adequate information on mismatch liquidity

LR (Note 4)1

Quarterly

10 business days after quarter end (Note 6) (12 business days if submitted electronically)

List of companies included in the bank's consolidated large exposure reporting

N/A

Annually

6 months after the firm's accounting reference date

Annual confirmation that all companies included in solo consolidation meet the criteria for such consolidation as set out in IPRU(BANK) CS 9.2

N/A

Annually

6 months after the firm's accounting reference date1186

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31)

Half yearly

30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2, B1 and C and J)31

Quarterly

20 business days after quarter end

Note 1 = When giving the report required, a bank must use the form or return 17indicated, if any. The content of the form has the status of guidance on the type of information that should be provided to meet the reporting obligation. A copy of the form is located in SUP 16 Annex 1 R.The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.17

Note 2 = The requirement to submit consolidated reports applies only to a bank which calculates its capital requirements on a consolidated basis. See IPRU(BANK) GN 3.3.13R(2) and IPRU(BANK) CS 4.

All consolidated reports required on a half yearly basis must be prepared as at the end of June and December of each year.1

Note 3 = This report is only required from a bank which reports either on a solo or consolidated basis and:1

(i)

has been granted a trading book concession as explained in IPRU(BANK) CA 3; or

(ii)

has qualifying holdings in non-financial companies as explained in IPRU(BANK) CA 10.4.

Note 4 = A bank is not required to submit both the SLR1 and LR.

A bank which monitors its liquidity according to the maturity mismatch approach as set out in IPRU(BANK) LM must submit the LR.

A bank which monitors its liquidity according to the sterling stock liquidity approach as set out in IPRU(BANK) LS must submit the SLR1.

Note 5 = This report must be prepared as at the second Wednesday of each month. See IPRU(BANK) LS 5.2 (2) regarding submission of an SLR1 on breach of various limits.

Note 6 = Reports required on a quarterly basis must be prepared as at the end of March, June, September and December of each year, except that a bank, which submits the BT report to the Bank of England monthly, must prepare the Form LR (Adequate information on mismatch liquidity) as at the end of February, May, August and November each year.1

Note 7 = For quarter ends between December 2003 and June 2004, a bank must either use Form LE2 or Form LE3 except that, once a bank has used Form LE3, it must not subsequently use Form LE2. For quarter ends in or after September 2004, a bank must use Form LE3.

Note 8 = A bank must add the required information to the relevant large exposures reporting form (LE2 or LE3). For the purposes of this reporting requirement, a transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the group.12

25Content of report

Form

Frequency

Due date

Key data (see note 1)

FSA009 (Note 2)

As for BSD3 under SUP 16.7.8 R

As for BSD3 under SUP 16.7.8 R

Non-EEA sub-group (Note 3)

FSA028 (Note 2)

Half yearly

30 business days after period end

Adequate information on mismatch liquidity(excluding deposit concentration)

LR - (excluding Part 5)

Quarterly

10 business days after quarter end (12 business days if submitted electronically). The report must be prepared as at the dates set out in Note 6 to 13111SUP 16.7.8 R.

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2)home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding A, B, C, D, E, F and J31)

Half yearly

30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction27

MLAR (excluding A1, A2, B1, C and J)31

Quarterly

20 business days after quarter end

Note 117= When giving the report required, a bank must use the form or return17 indicated, if any17. The content of the form has the status of guidance on the type of information that should be provided to meet the reporting obligation. A copy of the form is located in SUP 16 Annex 1 R.The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.1735

Analysis of profits, large exposures, balance sheet, off balance sheet items and bad and doubtful debt provisions

B7

Half yearly

10 business days after period end (12 business days if submitted electronically). Period ends are end of June and December each year1.

Adequate information on mismatch liquidity

LR

Quarterly

10 business days after quarter end (12 business days if submitted electronically). The report must be prepared as at the dates set out in Note 6 to 1SUP 16.7.8 R.

Annual report and audited accounts, in English

N/A

Annually

9 months after the firm's accounting reference date131110

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding A, B C, D, E, F and J31)

Half yearly

For half yearly report: 30 business days after period end.

17Adequate information relating to home finance providing activity and administering a home finance transaction27

MLAR (excluding A1, A2, B1, C and34 J)31

Quarterly

20 business days after quarter end

Note 117= When giving the report required, a bank must use the form or return17 indicated, if any17. The content of the form has the status of guidance on the type of information that should be provided to meet the reporting obligation. A copy of the form is located in SUP 16 Annex 1R. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.1735

Analysis of interest rate risk gap (Note 4)

N/A

Monthly

15 after month end

Adequate information on balance sheet, income and expenditure, capital, lending quality, large exposures and maturities for the society and its subsidiary undertakings, together with relevant expected and likely out-turns

QFS1

Quarterly

18 after society's financial quarter end25

Adequate information on balance sheet, income and expenditure, the range and volume of activities undertaken by the society, its subsidiary undertakings, and where relevant, its participating interests

AFS1

Annually

2 months after society's accounting reference date.13115

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31)

Half yearly

30 business days after period end.

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2, B1 and C and J)31

Quarterly

20 business days after quarter end

Note 1 = When giving the report required, a building society must use the form or return indicated, if any. The content of the form has the status of guidance on the type of information that should be provided to meet the reporting obligation. A copy of the form is located in SUP 16 Annex 3 for all reports (except the "Analysis of interest rate gap" for which no form is provided). The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.1725

Note 4 = All societies except those on the "Administered" approach (see IPRU(BSOC) 4 Ann 4A 4A.2) complete the "Analysis of interest rate risk gap". SUP 16.7.19 R does not apply to the "Analysis of interest rate risk gap".35

25Content of report

Form

Frequency

Due date

Key data (see Note 1)

FSA009 (Note 2)

As for QFS1 under SUP 16.7.16 R

As for QFS1 under SUP 16.7.16 R

Annual audited financial statements (Note 1)21

Annually

6 months after the firm's accounting reference date1311

21Note 1 = A firm need only submit this report to the FSA if the report was audited as a result of a statutory provision other than the Act.

Annual audited financial statements

Annually

3 months after the firm's accounting reference date

Audited annual financial statements21 (Note 5A)

Annually

3 months after the firm's accounting reference date

Annual reporting statement

Annually

3 months after the firm's accounting reference date

Annual reconciliation (Note 1)

Annually

3 months after the firm's accounting reference date

Audited accounts of any subsidiary, unless the rules in this chapter require that subsidiary to submit accounts to the FSA (Note 5A)21

Annually

3 months after the firm's accounting reference date

Consolidated supervision return12 (Note 2)

Half yearly

3 months after end of the relevant six-month period12

Large exposures quarterly reporting statement (Form LEM 1 or LEM 2) - consolidated (Notes 3 and 4)

Quarterly

15 business days after quarter end

Large exposures quarterly reporting statement (Form LEM 1 or LEM 2) - consolidated (Notes 2 and 4)

Quarterly

1 month after quarter end

(Only for CAD investment firms) Analysis of significant transactions (other than those resulting in large exposures) with the mixed-activity holding company and its subsidiaries (Note 5)12

Quarterly12

1 month after quarter end12

If the firm's ultimate parent is a mixed-activity holding company, the annual accounts of the mixed-activity holding company (Note 2)12

Annually12

As soon as available after year end12

Monthly reporting statement

Monthly

15 business days after month end

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31) (Note 6)

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction27

MLAR (excluding A1, A2 and B1 and J) (Note 6)31

Quarterly

20 business days after quarter end

Note 1 = Every year a firm must submit:

(a) a reconciliation and explanation of any differences between amounts shown in the balance sheet in the audited annual financial statements and the annual reporting statement; and

(b) a reconciliation and explanation of any differences between the annual reporting statement and the monthly reporting statement prepared as at the same date.

Note 2 = Only for category A and B firms which are subject to the consolidation rules set out in IPRU(INV) Chapter 14.12.

Note 3 = Only for category A and B firms.

Note 4 = A firm which was required to submit Form LEM1 in the relevant period immediately prior to the commencement must continue to do so.

A firm which was required to submit Form LEM2 in the relevant period immediately prior to the commencement must continue to do so. A category A or B firm authorised after the commencement must submit Form LEM1.

Note 5 = Securities and futures firms that are CAD investment firms must add the required information to the large exposures reporting form (QFS1). For the purposes of this reporting requirement, a transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the group.12

Note 5A = A firm need only submit this report to the FSA if the report was audited as a result of a statutory provision other than the Act.21

Note 6 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

25Content of report

Form

Frequency

Due date

Key data

FSA009 (Note 1)

Monthly, in line with Monthly reporting statement in SUP 16.7.25 R

As for Monthly reporting statement in SUP 16.7.25 R

Key data (Consolidated) (Note 2)

FSA009 (Note 1)

Half yearly, in line with Consolidated supervision return in SUP 16.7.25 R

As for Consolidated supervision return in SUP 16.7.25 R

Non- EEA sub-group (Note 3)

FSA028 (Note 1)

Half yearly

30 business days after period end

Audited annual financial statements

Annually

3 months after the firm's accounting reference date

Annual reporting statement

Annually

3 months after the firm's accounting reference date

Annual reconciliation (Note 1)

Annually

3 months after the firm's accounting reference date

Audited accounts of any subsidiary, unless the rules in this chapter require that subsidiary to submit accounts to the FSA

Annually

3 months after the firm's accounting reference date

Consolidated supervision return12reporting statement12 (Note 2)

Half yearly

1 month from period end12 3 months after end of relevant six-month period12

Large exposures quarterly reporting statement (Form LEM 1 or LEM 2) - solo (Notes 2 and 4)

Quarterly

15 business days after quarter end

Large exposures quarterly reporting (Form LEM 1 or LEM 2) - consolidated (Notes 2 and 4)

Quarterly

1 month after quarter end

(Only for CAD investment firms) Analysis of significant transactions (other than those resulting in large exposures) with the mixed-activity holding company and its subsidiaries (Note 5)12

Quarterly12

1 month after quarter end12

If the firm's ultimate parent is a mixed-activity holding company, the annual accounts of the mixed-activity holding company (Note 2)12

Annually12

As soon as available after year end12

Quarterly reporting statement

Quarterly

15 business days after quarter end

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31) (Note 6)

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction27

MLAR (excluding A1, A2 and B1 and J) (Note 6)31

Quarterly

20 business days after quarter end

Note 1 = Every year a firm must submit:

(a) a reconciliation and explanation of any differences between amounts shown in the balance sheet in the audited annual financial statements and the annual reporting statement; and

(b) a reconciliation and explanation of any differences between the annual reporting statement and the monthly reporting statement prepared as at the same date.

Note 2 = Only for category C firms (as defined in the glossaries located in IPRU(INV) 10), which are subject to the consolidation rules set out in IPRU(INV) Chapter 14.12 10-200R - 10-203R, and are not exempt from the consolidation rules under IPRU(INV) 10-200R(2) or IPRU(INV) 10-204R.12

Note 3 = Only for category C firms (as defined in the glossaries located inIPRU(INV)10).

Note 4 = A firm which was required to submit Form LEM1 in the relevant period immediately prior to commencement must continue to do so.

A firm which was required to submit Form LEM2 in the relevant period immediately prior to commencement must continue to do so.

A category C firm authorised after commencement must submit the Form LEM1.

Note 5 = Securities and futures firms that are CAD investment firms must add the required information to the large exposures reporting form (QFS1). For the purposes of this reporting requirement, a transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the group.12

Note 6 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

Key data

FSA009 (Note 1)

Quarterly in line with Quarterly reporting statements in SUP 16.7.27 R

As for Quarterly reporting statements in SUP 16.7.27 R

Key data (Consolidated) (Note 2)

FSA009 (Note 1)

Half yearly, in line with Consolidated Supervision Return in SUP 16.7.27 R

As for Consolidated Supervision Return in SUP 16.7.27 R

Non- EEA sub-group (Note 3)

FSA028 (Note 1)

Half yearly

30 business days after period end

Solvency statement (sole traders only)

Annually

2 months after the firm's accounting reference date

Audited annual financial statements (partnerships and bodies corporate only)

Annually

3 months after the firm's accounting reference date

Audited accounts of any subsidiary unless the rules in this chapter require that subsidiary to submit accounts to the FSA

Annually

3 months after the firm's accounting reference date

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31) (Note 2)21

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2 and B1 and J) (Note 2)2131

Quarterly

20 business days after quarter end

Note 1 = A firm need only submit this report to the FSA if the report was audited as a result of a statutory provision other than the Act21

Note 2= When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules. 1721

Annual Financial Return (Note 1)

Annually

4 months after the firm's accounting reference date

(Only for CAD investment firms) Analysis of significant transactions (other than those resulting in large exposures) with the mixed-activity holding company and its subsidiaries. (Note 6)12

Annually12

4 months after the firm's accounting reference date12

Consolidated supervision return (only for firms subject to IPRU(INV) Chapter 14)12

Half-yearly12

4 months after end of relevant six-month period12

If the firm's ultimate parent is a mixed-activity holding company, the annual accounts of the mixed-activity holding company12

Annually12

As soon as available after year end12

Annual accounts (Note 1)

Annually

4 months after the firm's accounting reference date

Annual solvency statement (only for individuals in partnership) (Note 2)

Annually

At the same time as the Annual Financial Return

Quarterly Financial Return (only for firms subject to a Liquid Capital Requirement as set out in IPRU(INV) 5.2.3 (1)(a) or (b))

Quarterly

1 month after quarter end

Monthly Financial Return (only for ISD firms (Note 3) subject to the Own Funds Requirement of Euro 730,000 as set out inIPRU(INV) 5.2.3(1)(b)) (Note 4)

Monthly

1 month after month end

Consolidated financial resources return (only for firms subject to IPRU(INV) 5.7.1(1)R)

Half yearly

4 months after end of six-month period

If the firm's ultimate parent is a mixed-activity holding company, the annual accounts of the mixed-activity holding company (Note 5)

Yearly

As soon as available after year-end

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31) (Note 7)

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2 and B1 and J) (Note 7)31

Quarterly

20 business days after quarter end

Note 1: The Annual Financial Return and the annual accounts of a firm must togethergive a true and fair view of the state of affairs of the firm (or in the case of a sole trader, of his regulated activities) and of the firm's profit or loss

Note 2: The annual solvency statement is a statement from each partner in the following form: "I certify that I have sufficient assets to cover my personal liabilities."

Note 3: The definition of ISD firm for this purpose is provided in the glossary located inIPRU(INV)5.

Note 4: A firm need not prepare a Monthly Financial Return as at the same date as a Quarterly Financial Return. A firm must therefore prepare eight Monthly and four Quarterly Financial Returns each year. One Quarterly Financial Return must be prepared to the same date as the Annual Financial Return (but submitted earlier). Monthly and Quarterly Financial Returns are not cumulative, and must relate only to the period concerned. A firm may need to prepare more frequent accounts, including financial resources statements, for its own internal use to ensure that it complies at all times with the rules in IPRU(INV).

Note 5: Mixed-activity holding company means a parent, other than a financial holding company (as defined in IPRU(INV) Chapter 5 Glossary), an investment firm or a credit institution, the subsidiaries of which include at least one investment firm or credit institution.

Note 6 =Investment management firms that are CAD investment firms must add the required information to their large exposure reporting in the Annual Financial Return. For the purposes of this reporting requirement, a transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the group.12

Note 7 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

Key data

FSA009 (Note 1)

In line with Quarterly or Monthly Financial Returns applicable to the firm in SUP 16.7.36 R

As for Quarterly or Monthly Financial Returns applicable to the firm in SUP 16.7.36 R

Key data (Consolidated) (Note 2)

FSA009 (Note 1)

Half yearly in line with Consolidated Supervision Return applicable to the firm in SUP 16.7.36 R

As for Consolidated Supervision Return applicable to the firm in SUP 16.7.36 R

Key data (Consolidated) (Note 3)

FSA009 (Note 1)

Half yearly in line with Consolidated Financial Resources Return applicable to the firm in SUP 16.7.36 R

As for Consolidated Financial Resources Return applicable to the firm in SUP 16.7.36 R

Non- EEA sub-group (Note 4)

FSA028 (Note 1)

Half yearly

30 business days after period end

Adequate information relating to the following activities:11

RMAR (Note 3)11

Half yearly (quarterly for sections A to E for larger firms, subject to Note 3 exemptions)11

(Note 2)11

For half yearly report: 30 business days after period end11

For quarterly report: 30 business days after quarter end11

(1)11

insurance mediation activity;11

(2)11

home finance mediation activity;27

(3)11

retail investment activity.11

(4)13

advising on, or arranging deals in, packaged products, or managing investments for private customers where these activities are the authorised professional firm's "main business" as determined by IPRU(INV) 2.1.2 R (3)13

Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR11

Quarterly11

20 business days after quarter end11

Note 1 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Ann 19A respectively and have the status of rules.11

Note 2 = For the purposes of RMAR reporting, a larger firm is a firm whose annual regulated business revenue in its previous financial year was greater than £5m. Annual regulated business revenue for these purposes is a firm's total revenue relating to insurance mediation activity, home finance mediation activity27 and retail investment activity.11

Note 3 = A firm which submits an MLAR is not required to submit sections A and B of the RMAR.11

Annual audited accounts

Annually

6 months after the Society's accounting reference date

Annual Lloyd's Return

Annually

6 months after the Society's accounting reference date5

Syndicate returns

Annually

6 months after the Society's accounting reference date

Audited annual financial statements

Annually

3 months after the firm's accounting reference date

Annual reporting statement

Annually

3 months after the firm's accounting reference date

Annual reconciliation

Annually

3 months after the firm's accounting reference date

Audited accounts of any subsidiary, unless the rules in this chapter require those subsidiaries to submit accounts to the FSA

Annually

3 months after the firm's accounting reference date

Quarterly reporting statement

Quarterly

15 business days after quarter end

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding A, B C, D, E, F and J31)

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2, B1, C and34 J)31

Quarterly

20 business days after quarter end

17Note 1 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

Key financial data

CQ

Quarterly

One month after quarter end

Extended financial data

CY

Annually

Seven months after the financial year end13114

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D E, F and J31) (Note 1)

Half yearly

For half yearly report: 30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2, B1 and C and J) (Note 1)31

Quarterly

20 business days after quarter end

17Note 1 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules. 35

Annual report and audited accounts

N/A

Annually

3 months after the firm's accounting reference date

Unconsolidated reporting statement on capital adequacy

ELM-CA/LE

Half-yearly

20 business days after period end (22 business days if submitted electronically)

Consolidated reporting statement on capital adequacy

ELM-CA/LE

Half-yearly

20 business days after period end (22 business days if submitted electronically)

Consolidated reporting statement on capital adequacy in the case of ELM 7.3.2 R

FSA009 (note 3)28

Half-yearly

22 business days if submitted electronically

Unconsolidated large exposures reporting statement

ELM-CA/LE

Half-yearly

20 business days after period end (22 business days if submitted electronically)

Consolidated large exposures reporting statement

ELM-CA/LE

Half-yearly

20 business days after period end (22 business days if submitted electronically)

Analysis of significant transactions (other than those resulting in large exposures) with the mixed-activity holding company and its subsidiaries12

ELM-CA/LE (Note 2)12

Half-yearly12

20 business days after period end (22 business days if submitted electronically)12

List of companies included in the ELMI's consolidated large exposure reporting

N/A

Annually

6 months after the firm's accounting reference date1311

17Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31)

Half yearly

30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction27

MLAR (excluding A1, A2, B1 and C and J)31

Quarterly

20 business days after quarter end

Note 1 = When giving the report required, an ELMI must use the form or return 17indicated (if any). A copy of ELM-CA/LE is28set out in SUP 16 Annex 1 and FSA009 in SUP 16 Annex 2428.The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.17

Note 2 = ELMIs must add the required information to the large exposures reporting form (QFS1). For the purposes of this reporting requirement, a transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the group.12

28Note 3 = FSA009 should be submitted by electronic submission via the Early Reporting System available from or through the FSA's website.

Annual accounts (Note 1)

Annually

4 months after the firm's accounting reference date

Annual solvency statement (only for individuals in partnership) (Note 2)

Annually

At the same time as the Annual Financial Return

Quarterly Financial Return (Note 3)

Quarterly

1 month after quarter end

Consolidated supervision return (Only for UCITS investment firms

Half-yearly

4 months after end of relevant six-month period

If the firm's ultimate parent is a mixed-activity holding company, the annual accounts of the mixed-activity holding company (Only for UCITS investment firms)

Annually

As soon as available after year-end

32Adequate information relating to the following activities: (1) insurance mediation activity; (2) mortgage mediation activity; (3) retail investment activity.

RMAR (excluding sections A, B, C, D, E and J33) (Note 4)

Half yearly

For half yearly report: 30 business days after period end

32Adequate information relating to mortgage lending and mortgage administration.

MLAR (excluding A1, A2, B1 and J33) (Note 4)

Quarterly

20 business days after quarter end

Note 1: The Annual Financial Return and the annual accounts of a firm must together give a true and fair view of the state of affairs of the firm (or in the case of a sole trader, of his regulated activities) and of the firm's profit or loss.

Note 2: The annual solvency statement is a statement from each partner in the following form: 'I certify that I have sufficient assets to cover my personal liabilities.'

Note 3: A firm must therefore prepare four Quarterly Financial Returns each year. One Quarterly Financial Return must be prepared to the same date as the Annual Financial Return (but submitted earlier).Quarterly Financial Returns are not cumulative, and must relate only to the period concerned. A firm may need to prepare more frequent accounts, including financial resources statements, for its own internal use to ensure that it complies at all times with the rules in UPRU (for a UCITS firm) or BIPRU (for a UCITS investment firm).24

32Note 4: When given the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

Key data (see note 1)

FSA009 (Note 1)

Quarterly in line with the Quarterly Financial Return in SUP 16.7.68 R

As for Quarterly Financial Return in SUP 16.7.68 R

Non-EEA sub-group (Note 2)

FSA028 (Note 1)

Half yearly

30 business days after period end

Adequate information relating to the following activities:

(1) insurance mediation activity;

(2) home finance mediation activity;27

(3) retail investment activity.

RMAR (excluding sections A, B, C, D, E, F and J31)

Half yearly

30 business days after period end

17Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR (excluding A1, A2, B1 and C and J)31

Quarterly

20 business days after quarter end 1311

Note 1 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Annex 19A respectively and have the status of rules.

Adequate information relating to:13

RMAR

(Note 4)

Half yearly (quarterly for sections A to E for larger firms)

(Note 2)

(Note 3)

For half yearly report: 30 business days after period end.

For quarterly report: 30 business days after quarter end.

(1)

a personal investment firm; or13

(2)

the following activities:13

(a) insurance mediation activity;13

(b) 1327home finance mediation activity;27

(c) retail investment activity.13

Adequate information relating to home finance providing activity and administering a home finance transaction.27

MLAR

Quarterly

20 business days after quarter end

If the firm is a home finance provider or home finance administrator,27 annual report and audited accounts (Note 10)21.

N/A

Annually

3 months after the firm's accounting reference date

Consolidated supervision return (Note 5)13

Half yearly13

4 months after end of relevant 6-month period 13

19Audited consolidated statutory accounts (Notes 9 and 1021)

annually

4 months after the firms accounting reference date

Annual accounts of the mixed-activity holding company (Note 6) 13

Annually13

As soon as available after year-end13

Note 1 = When giving the report required, a firm must use the return indicated. The RMAR and MLAR are located at SUP 16 Annex 18A and SUP 16 Ann 19A respectively and have the status of rules.11

Note 2 = For the purposes of RMAR reporting, a larger firm is a firm whose annual regulated business revenue in its previous financial year was greater than £5m. Annual regulated business revenue for these purposes is a firm's total revenue relating to insurance mediation activity, home finance mediation activity27 and retail investment activity.11

Note 3 = Firms categorised under IPRU(INV) 13 as A1, A2 or A3 should submit financial information (RMAR sections A, B, C, D and E) in accordance with ISD and CAD requirements, as follows:11

11Category of firm

Frequency

Due date

Category A1

Monthly

15 business days after month end

Category A2

Quarterly

30 business days from the end of the relevant period.

Category A3

Half yearly (quarterly for larger firms - Note 2)

30 business days from the end of the relevant period.

Note 4 = A firm which submits an MLAR is not required to submit sections A and B of the RMAR. A firm which submits an MLAR and which carries on the activities of a third party processor is not required to submit an RMAR in respect of those activities.1511

Note 5 = This report is only required from a category A1, A2 or A3 personal investment firm if it is a member of a group, and it is subject to consolidated supervision as set out in IPRU(INV) Chapter 14.13

Note 6 = This report is only required from a category A1, A2 or A3 personal investment firm if its ultimate parent is a mixed-activity holding company13

Note 7 = In relation to section J of the RMAR firms with an accounting reference date of between 1 February and 31 August (inclusive) must report the information required by section J solely in their half year end RMAR. All other firms must report the information required by section J solely in their year end RMAR.16

Note 8 = In relation to section J of the MLAR, firms must report the information required by section J solely in their year end MLAR. Firms with an accounting reference date of between 31 December and 31 March (inclusive) must report the information required by section J calculated as at 31 December of the calendar year immediately before the relevant fee period. All other firms must report the information required by section J of the MLAR calculated as at 31 December of the previous calendar year. For example, for 2006/07 fees, for firms with an accounting reference date of between 31 December 2005 and 31 March 2006 (inclusive) the information required by section J is that calculated as at 31 December 2005. For all other firms the information required by section J is that calculated as at 31 December 2004.16

Note 9 = required from all personal investment firms if it is a holding company, or if one of its controllers is a company.18

Note 10 = A firm need only submit this report to the FSA if the report was audited as a result of a statutory provision other than the Act.21

Key data

FSA009 (Notes 1 and 2)

In line with financial information submission requirements applicable to the firm as set out in Note 3 of SUP 16.7.77 R.

As for due dates applicable to the firm as set out in Note 3 of SUP 16.7.77 R.

Key data (Consolidated) (Note 3)

FSA009 (Note 1 and 2)

Half yearly, in line with Consolidated Supervision Return applicable to the firm under SUP 16.7.77 R

As for Consolidated Supervision Return under SUP 16.7.77 R

Non-EEA sub-group (Note 4)

FSA028 (Note 1 and 2)

Half yearly

30 business days after period end

Calculation of supplementary capital adequacy requirements in accordance with one of the four technical calculation methods

Note 2

Note 5

Note 5

Identification of significant risk concentration levels

Note 3

Yearly

4 months after year end

Identification of significant intra-group transactions

Note 4

Yearly

4 months after year end

Report on compliance with PRU 8.4.35 R where it applies

Note 6

Note 5

Note 5

Note 1 = When giving the report required, a firm must use the form indicated, if any.

Note 2 = If Part 1 of PRU 8 Ann 1R G29 (method 1), Part 2 of PRU 8 Ann 1R G29 (method 2), or Part 3 of PRU 8 Ann 1R G29 (method 3) applies, there is no specific form. Adequate information must be provided, and each financial conglomerate for which the FSA is the co-ordinator must discuss with the FSA how to do this.

If Part 4 of PRU 8 Ann 1R G29 applies (method 4):

(1)

a banking / investment conglomerate must use FSA009 (located in SUP 16 Annex 24 R); and

(2)

an insurance conglomerate must use:29

29(a) (where SUP 16.7.82R (1)(a) applies), Forms 1, 2 and 3 in Appendix 9.1 of IPRU(INS), as appropriate, prepared and audited in accordance with rule 9.35(1) of IPRU(INS); or

29(b) (in any other case), the Insurance Group Capital Adequacy Reporting Form (Form 95) in Appendix 9.9 of IPRU(INS).

29For the purposes of (b) above, rules 9.40(1), 9.40(1A), 9.40(3) and 9.40(4) of IPRU(INS) apply as they would if the insurance conglomerate were an insurance group.

Note 3 = Rather than specifying a standard format for each financial conglomerate to use, each financial conglomerate for which the FSA is the co-ordinator must discuss with the FSA the form of the information to be reported. This should mean that usual information management systems of the financial conglomerate can be used to the extent possible to generate and analyse the information required.

When reviewing the risk concentration levels, the FSA will in particular monitor the possible risk of contagion in the financial conglomerate, the risk of a conflict of interests, the risk of circumvention of sectoral rules, and the level or volume of risks.

Note 4 = For the purposes of this reporting requirement, an intra-group transaction will be presumed to be significant if its amount exceeds 5% of the total amount of capital adequacy requirements at the level of the financial conglomerate.

Rather than specifying a standard format for each financial conglomerate to use, each financial conglomerate for which the FSA is the co-ordinator will need to discuss with the FSA the form of the information to be reported. This should mean that usual information management systems of the financial conglomerate can be used to the extent possible to generate and analyse the information required.

When reviewing the intra-group transactions, the FSA will in particular monitor the possible risk of contagion in the financial conglomerate, the risk of a conflict of interests, the risk of circumvention of sectoral rules, and the level or volume of risks.

Note 5 = The frequency and due date will be as follows:

1.

banking conglomerate: frequency is half-yearly with due date 20 business days after period end (24 business days if submitted electronically);

2.

building society conglomerate: frequency is quarterly with due date seven business days after month end (largest societies) and ten business days after month end (other societies);

3.

investment services conglomerate: frequency is half yearly with due date three months after period end;

4.

insurance conglomerate: frequency is yearly with due date four months after period end for the capital adequacy return and three months after period end for the intra-group transactions.

Note 6 = Adequate information must be added as a separate item to the relevant form for sectoral reporting.35