Reference dates and remittance dates for less significant supervised groups
Article 12
1. The information concerning less significant supervised groups specified in Article 11 shall have the following reference dates: (a) for quarterly reporting, 31 March, 30 June, 30 September and 31 December; (b) for semi-annual reporting, 30 June and 31 December; (c) for annual reporting, 31 December. 2. Information referring to a period shall be reported cumulatively from the first day of the calendar year to the reference date. 3. As an exception to paragraphs 1 and 2, where less significant supervised groups are permitted by NCAs to report their supervisory financial information based on an accounting year that deviates from the calendar year, NCAs may adjust the reference dates to the accounting year-end. The adjusted reference dates shall be three, six, nine and 12 months after the beginning of the accounting year. Information referring to a period shall be reported cumulatively covering the period from the first day of the accounting year to the reference date. 4. NCAs shall submit to the ECB the information specified in Article 11 by close of business on the following remittance dates: (a) for less significant supervised groups, including sub-groups, reporting on a consolidated basis, the 55th working day following the reference date to which it relates; (b) for less significant supervised groups reporting on a sub-consolidated basis pursuant to Article 1(3), the 65th working day following the reference date to which it relates. 5. NCAs shall decide when supervised entities have to report supervisory financial information in order for them to meet these deadlines.