Amendment Of Eesti Pank Governor’S Decree No 7 Of 29 May 2014 “Establishment Of Supplementaryreports On Credit Institution’S Balance Sheet”

Link to law: https://www.riigiteataja.ee/en/eli/ee/EPP/reg/513072015001/consolide
Published: 2015-07-06

Amendment of Eesti Pank Governor’s Decree No 7 of 29 May 2014 “Establishment of supplementaryreports on credit institution’s balance sheet”

Passed 22.06.2015 Annex 6

This decree is established on the basis of clause 2 (2) 7) of the Eesti Pank Act and subsections 91 (1) and (3) of the Credit Institutions Act.

§

1. Eesti Pank Governor's Decree No 7 of 29 May

2014 “Establishment of supplementary reports on credit

institution’s balance sheet” (RT I, 03.06.2014, 1) is amended as

follows:

1) subsection 3 (3) of the decree is amended and

worded as follows:

“(3)

A credit institution having branches outside Estonia is required to:

1) also prepare and submit to Eesti Pank the

reports listed under clauses 3 (1) 1)-4) and 6)-8) of the decree, providing

only data of the Estonian structural unit (head office) of the credit

institution;

2) in the report specified in clause 3 (1) 10) of

the decree, provide only the data of the Estonian structural unit (head office)

of the credit institution.”;

2) section 4 of the decree is amended and

worded as follows:

㤠4. Reporting period and submission dates

for reports

(1) The reporting period for the reports listed

under clauses 3 (1) 1)-4) and 6)-9) and clause 3 (2) 3) of this

decree is one month. The reporting period for the reports listed under clauses

3 (1) 5) and 10) and clause 3 (2) 2) of this decree is one

quarter. The reporting period for the report listed under clause 3 (2) 1) of

this decree is a half-year.

(2)

The reports listed under clauses 3 (1) 1)-4) and 6)-9) and clause

3 (2) 2) of this decree are submitted by the fifth banking day after

the end of the reporting period; the reports listed under clauses

3 (2) 1) and 3) are submitted by the tenth banking day after the end

of the reporting period; the report listed under clause 3 (1) 10) is

submitted by the twentieth banking day after the end of the reporting period;

and the report listed under clause 3 (1) 5) is submitted within one

month after the end of the reporting period.”;

3) subsection 5 (2) of the decree is amended and

worded as follows:

“(2) If a credit institution has branches

outside Estonia, a four-digit report code must be used upon submitting reports,

whereby the first three digits of the report code must be made up by the code

used for identifying the reporting credit institution in Estonian interbank

settlements, and the fourth digit must be one (1).”;

4) the

second sentence of subsection 8 (11) of the decree is repealed;

5) subsection

10 (8) of the decree is amended and worded as follows:

“(8)

Subordinated loan is a credit institution’s claim that is satisfied

after the justified claims of all other creditors have been satisfied in the

event of dissolution or declaration of bankruptcy of the debtor or a credit

institution’s liability, provided that the claim arising therefrom

against the credit institution is subject to satisfaction after the recognised

claims of all the other creditors have been satisfied in the event of

dissolution or declaration of bankruptcy of the credit institution.”;

6) subsection 12 (2) of the decree is amended and

worded as follows:

“(2)

Subordinated debt security is a security representing a credit

institution’s claim that is satisfied after the justified claims of all

other creditors have been satisfied in the event of dissolution or declaration

of bankruptcy of the debtor or a security representing a credit

institution’s liability, provided that the claim arising therefrom

against the credit institution is subject to satisfaction after the recognised

claims of all the other creditors have been satisfied in the event of

dissolution or declaration of bankruptcy of the credit institution.”;

7) appendix 13 “Report on housing

loans” to the decree is amended and approved in a new wording (appended).

§

2. Subsections 1 (1), (2), (3) and (7) will enter

into force on 1 April 2016.
Ardo Hansson
Governor
Appendix Report on housing loans
Read Entire Law on www.riigiteataja.ee