KOFS and KOFC were Finanstilsynet’s FIONA compilation names for individual and consolidated COREP own-funds reporting. The last reference period for those FIONA compilations was 31 December 2025; from the 31 March 2026 reference period, the e-Reg reporting module is COREPOF, with reporting level IND for individual reporting and CON for consolidated reporting. COREP is the…
An ECB-approved internal model is a supervisory decision the bank asked for and agreed to run. Treat it as optional for a few quarters and the capital ratios you report to the ECB stop being true. That is the practical lesson from the ECB internal models sanction announced on 29 June 2026, when the European…
Why COREP Errors Matter COREP submission day is busy, stressful, and error-prone – but overlooking COREP reporting errors carries real consequences that extend far beyond a missed deadline. You’re pulling data from multiple systems, running reconciliations, and pushing templates through validation in the final hours. When errors appear – especially late – the pressure intensifies….