Jan 1, 2024 · The purpose of FIN073 (‘Baseline Financial Resilience Report’) is to ensure that the Financial Conduct Authority (FCA) receives regular information in a standard format to assist it in assessing the financial resilience of certain firms. TP firm. UK RIE. All monetary values should be provided in Pound Sterling.
The Financial Resilience Survey data | FCA
Apr 4, 2024 · Financial Resilience Regulatory Return (FIN073) FIN073 aims to improve the quality and consistency of financial data from firms, focusing on collecting only the most critical information for our supervisory assessments.
In October 2022, we consulted on the creation of a new financial resilience regulatory return (“FIN073”) by way of a replacement for the FRS. To minimise the firm burden of this new regulatory return, we proposed a significant reduction in …
SUP 16.30 Baseline Financial Resilience Report - FCA Handbook
Jan 1, 2024 · This information will assist the FCA in assessing firms’ financial resilience and targeting supervisory resources according to firms’ risk of failure and the harm they would cause if they failed. Reporting requirement
PS23/3 – Creation of a baseline financial resilience regulatory …
May 2, 2023 · Give your views on our proposals to introduce a new financial resilience regulatory return for solo-regulated firms. We are replacing the FCA Financial Resilience Survey with a new financial resilience regulatory return. This will be referred to as ‘FIN073 – Baseline Financial Resilience Report’.
FIN073 - Baseline Financial Resilience Report Completion Guidance Guidance on completing this data item can be accessed via the help link next to the data item name. All monetary values should be completed as whole numbers. Data items 1 Total amount of liquid assets that you control or have unrestricted access to
Introducing FIN073: FCA's Baseline Financial Resilience Report
May 23, 2023 · Starting from January 2024, the FCA will implement the FIN073 Baseline Financial Resilience Report. This report aims to enhance the stability and resilience of the financial sector, ensuring that firms are well-prepared to withstand various economic challenges.
CP23/9 – Changing the scope of the baseline financial resilience ...
Jun 6, 2023 · In May 2023, we set out our final rules in relation to a new financial resilience regulatory return for solo-regulated firms (FIN073). The new return replaces the Financial Resilience Survey (FRS), formerly the Covid-19 Impact Survey, which …
Liquidity in focus – new FIN073 reporting requirements
Jan 24, 2024 · As such, the FCA financial reliance survey (formerly the COVID-19 Impact Survey) is being replaced this month by the quarterly ‘FIN073 – Financial Resilience’ Return focusing on liquidity risk. Who does it apply to? This should be completed by all, including: Authorised payment institutions – including small payment institutions;
The purpose of FIN073 (‘Baseline Financial Resilience Report’) is to ensure that the Financial Conduct Authority (FCA) receives regular information in a standard format to assist it in assessing the financial resilience of certain firms.