The regulator is offering extensions for other regulatory returns, including its annual financial reports and complaints return.
And it has waived late reporting fees until June 30 for small and medium sized businesses that pay less than £10,000 in fees and levies in 2020/2021 including for any returns not given extensions.
However, any returns not included in its list published today do not have an extension and firms must submit their data in the usual timeframe.
As part of its coronavirus mitigation strategy, the FCA has already proposed holding fees for firms that only pay minimum fees for the 2020/21 year and is offering a two-month extension for medium and smaller firms to pay those fees.
Up to 30 June
“Given the impact of coronavirus, we have introduced some temporary measures for firms submitting regulatory returns,” an FCA statement said.
“We have extended the submission deadlines for the regulatory returns listed below. The extension applies for submissions that are due up to and including 30 June 2020.
“For example, if you have a return due on 22 May 2020 but a two-month extension has been granted, the submission will need to be completed by Wednesday 22 July 2020.
“If the extended deadline date happens to fall on a weekend, the submission should be made by the next working business day,” it added.
The FCA reiterated that firms are still expected to submit their return as soon as possible and should they miss a deadline in the period up to 30 June, a reminder letter will be sent.
It added that the situation and these changes will be kept under review.
The list of extensions offered by the FCA is:
SUP 16 handbook returns:
One-month extension applies for the following returns:
COR001A (Own funds)
COR001B (COREP Leverage Ratio)
COR002 (COREP LE)
COR003 (COREP NSFR)
COR005 (Asset Encumbrance)
FRP001 (FINREP)
FSA004 (Breakdown of Credit Risk Data)
FSA005 (Market Risk)
FSA007 (Operational Risk)
FSA008 (Large Exposures)
FSA014 (Forecast Data from Firms)
FSA017 (Interest rate gap report)
FSA018 (UK integrated group – Large Exposures (UK integrated group))
FSA019 (Pillar 2 Information)
FSA055 (Systems and Controls Questionnaire)
REP005 (High Earners Report)
RMA-D2 (Financial Resources)
Two-month extension applies for the following return:
FIN-A (annual report and accounts)
Firms are not required to submit the following return for 2020:
Employers’ Liability Register compliance return
Other Handbook returns:
Two-month extension applies for the following returns:
Annual financial reports (as required under Disclosure Guidance and Transparency Rules)
Credit union complaints return (CREDS 9 Annex 1R)
Complaints return (DISP Annex 1R)
Claims management companies complaints return (DISP 1 Annex 1AB)
