Replacing the FSA047 and FSA048 processes as of July 2019, the PRA110 report enables regulators to assess liquidity risk more strategically by requiring financial institutions to deliver granular data on the portfolios in their banking/trading books and monitor and report liquidity cashflow mismatches on a daily basis.
PRA110 reporting requires nearly 29,000 datapoints additional to liquidity reporting requirements for Basel I/II/III, with Basel IV pending. Efficient and transparent reporting will require substantial automation.
Depending on its profile, a firm may be required to calculate and report with daily, weekly, or monthly frequencies. In addition, firms must integrate PRA110 calculations with other liquidity compliance regimes.