COREP

EU bank solvency reporting.

Definition

COREP comprises templates C.01-C.97: OF (Own Funds), CR (Credit Risk), MKR (Market Risk), OPR (Operational Risk), LR (Leverage Ratio), LE (Large Exposures), LCR/NSFR (Liquidity). Quarterly or monthly per template. EBA taxonomy, annual version. Basel III/IV alignment.

Origin

First COREP edition 2006 by CEBS ; CRR/CRR2 overhaul (Basel III) in 2013-2020.

Example in context

A medium-sized bank submits COREP C.07 (Credit Risk SA) monthly to BdF ; requirements move to Basel IV in January 2025.

Related terms

• FINREP — financial leg.