RTF report – new requirements for German credit institutions

posted in: All, asist-xbrl @en | 0

Bundesbank introduced general obligation to report information on Internal Capital Adequacy (RTF) while adopting the CRD IV requirements.

Credit intitutions and financial holding companies, classified as the superordinated in terms of the German banking act, will have to report the information on their capital adequacy to the German regulator once a year on 31st of December. Under certain circumstances the reporting will have to be done twice a year on following reporting dates: 30th of June and 31st of December.

Details of this obligation were published in the Financial and Internal Capital Adequacy Information Regulation (Finanz- und Risikotragfähigkeitsinformationenverordnung, FinaRisikoV) and came into force on 30th of December 2014.

The Internal Capital Adequacy Information have to be reported in XBRL taxonomy. aSISt reporting system has a built-in module for RTF reporting that enables easy XBRL report preparation.

RTF report

aSISt is an off-the-shelf software for obligatory reporting with always up-to-date taxonomy and validation rules. Our solution for banks and insurance institutions has been appreciated by over 600 financial insitutions including users from Poland, Germany, Sweden, Portugal and Estonia.

For information in German, go directly to Treuwerk

 
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