RegTech Intelligence 
We are pleased to have had over 100 participants in a fantastic launch to JWG’s 5th year of hosting a safe, independent space for regulatory reporting collaboration. The minutes and materials from our meeting covering recent papers from the Bank of England Transformation programme for data collection, BIS FSI Insights no 29, and JWG’s Global Derivatives Digital Regulatory Reporting (DRR) programme can be downloaded by members here.
As both regulator and regulated are keenly aware, 2021 is a year in which the industry needs to reconcile risk data collection approaches. The ‘top down’ or more aggregated reporting approach (e.g., CRR2, ESG) should in some way be aligned with the ‘bottom up’, transactional data collection (e.g., EMIR, MiFID, CSDR) and RRDS’ agenda is primed to help the industry have this critical conversation over the course of the next year.
Our next meeting, RRDS 26: CRR2 Integrated Reporting System: Do top down and bottom-up risk data meet? will focus on the EBA’s Discussion on a Feasibility Study of an Integrated Reporting System under Article 430c CRR which has a response date of 11 June. JWG will be working involving the Bank of England, FCA, ECB and other regulators in the discussion. Please contact PJ to participate in the research.
Please contact Corrina.Stokes@jwg-it.eu if you would like to join us for a deep dive into the CRR2 Integrated reporting consultation and commonalities with other reporting efforts on 13 May. The full agenda can be found here.