Common Reporting (COREP) – CRD IV Harmonised reporting
GABRIEL Financial Reporting – COREP and XBRL format
For authorised firms that fall into the scope of the Capital Requirements Directive (CRD IV) and the Capital Requirements Regulations (CRR) recent changes have been required. CRD IV and CRR implements a European wide supervisory reporting framework for Common Reporting (COREP).
Common Reporting (COREP) covers the capital requirements and own funds reporting based on Directives 2006/48/EC and 2006/49/EC.
CPA Audit can provide a cost effective reporting solution in order to remain compliant with the XBRL format of submitting COREP reports. Our services in this area include assisting investment firms with the preparation and submission of quarterly COREP data Items on GABRIEL (GAthering Better Regulatory Information ELectronically) in line with the XBRL format.
Contact us to dsicuss how this affects you or for further reading see our Regulatory Bulletins: