SUP 16.30 Baseline Financial Resilience Report

This section applies to any firm except:

1. (1) a firm with limited permission;
2. (2) a MIFIDPRU investment firm;
3. (3) a not-for-profit debt advice body;
4. (4) a PRA-authorised person;
5. (5) a supervised run-off firm; and
6. (6) [deleted]
7. (7) a firm with permission to carry on only providing targeted support.

This section also applies to:

1. (1)

   an authorised electronic money institution;

2. (2)

   an authorised payment institution;

3. (3)

   a registered account information service provider;

4. (4)

   a small electronic money institution;

5. (5)

   a small payment institution; and

6. (6)

   a UK RIE.

In this section, a reference to a firm includes the firms listed in SUP 16.30.2.

A firm to which this section applies must submit FIN 073 (‘the Baseline Financial Resilience Report’):

1. (1)

   in the format set out in SUP 16 Annex 53R;

2. (2)

   in accordance with the instructions in SUP 16 Annex 54G; and

3. (3)

   online, through the appropriate systems accessible from the FCA’ s website.

The information in the Baseline Financial Resilience Report must be denominated in pound sterling.

Unless SUP 16.30.8AR applies, a firm must submit the Baseline Financial Resilience Report:

1. (1)

    once every quarter; and

2. (2)

    within 30 business days after the relevant reporting reference date.

A firm’s reporting reference dates are:

1. (1)

   Its accounting reference date;

2. (2)

   Its accounting reference date plus 3 months;

3. (3)

   Its accounting reference date plus 6 months; and

4. (4)

   Its accounting reference date plus 9 months.

1. (1) This rule applies to a firm which submitted Section A of the RMAR in the last reporting period of its previous financial year, unless it reported total revenue from regulated activities within the scope of the RMAR of more than £150m for that financial year.
2. (2) Where this rule applies, a firm must submit the Baseline Financial Resilience Report:
   1. (a) annually; and

   2. (b) within 30 business days after the relevant reporting reference date, which is its accounting reference date.

       

The information in the Baseline Financial Resilience Report must show the position at the relevant reporting reference date.