GBIC has answered the European Central Bank consultation on changes to Regulation (EU) No 1071/2013 of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector. The new ECB Regulation will made it necessary to adapt the reporting requirements for the Deutsche Bundesbank’s banking statistics surveys. With regard to some points, however, there is still need for clarification. GBIC would ask the ECB to drop the calculation of revaluation adjustments to trading book derivatives and securities that are not recognised in the balance sheet from the items to be reported for the purpose of collecting balance sheet statistics.
