PRA publishes final policy on streamlining liquidity reporting

The PRA has published its final policy on closing liquidity reporting gaps and streamlining Standard Formula reporting.

Key changes include:

• Delay of implementation timeline from 31 December 2025 to 30 September 2026;
• Changes to the scope of application of the reporting requirements by:
  • introducing a new fund level threshold for the cashflow mismatch template; and
  • requiring the liquidity market risk sensitivities (L-MRS) template at fund level rather than solo level, subject to the same threshold above;
• Refinements to the cashflow mismatch template;
• Simplification of reporting on margin requirements;
• Clarifications and improved definitions; and
• Extension of the scope of firms excluded from SF.01 reporting.

The liquidity risk reporting requirements will take effect on 30 September 2026.