Investor Reporting

European banks and insurance companies have been confronted with fundamental modernisations in supervisory law for several years. They have to fulfil stricter investment regulations and are dependent on the reporting of asset managers. Without appropriate reporting, for example, investors may be forced to withdraw their investment in funds.

Risk exposure, which is determined in the various investor reports for investment funds, is becoming an increasingly important criterion for investment decisions by banks and insurance companies. Investment funds that do not provide the necessary transparency through reporting are assigned high risks by the supervisory authorities. It is therefore advisable for asset managers to provide customised reports in order to retain important investors and attract new ones.

In addition, European fund investors are increasingly focussing on ESG factors in their investment decisions. This trend has been reinforced by the recently created EU framework for sustainable finance, which has made ESG reporting one of the key decision-making criteria for financial market participants.

Some of the most important reports that KPMG offers are

• Solvency II: Solvency II reporting enables European insurance companies to determine solvency capital requirements (SCR). The common standard here is the TPT template, which KPMG offers alongside other possible reporting formats. KPMG also provides an overview of the SCR figures in a Solvency II Fact Sheet.
• VAG: VAG reporting is aimed at pension funds and smaller insurance companies. It provides a categorisation of the fund portfolio for compliance with the requirements of the German Insurance Supervision Act (VAG).
• GroMiKV: GroMiKV reporting enables investors from the banking sector to identify their risk concentration in accordance with the Large Exposures and Million Loans Ordinance (GroMiKV).
• CRR: In various reports, KPMG offers the calculation of capital deduction items, CVA risk, the foreign currency ratio and risk weightings in accordance with the CRR.
• CRSA: Calculation of risk positions by country for the countercyclical capital buffer. This reporting is relevant for banks and other financial institutions.
• Solva: Calculation of the risk weight and the foreign currency position for investors from the banking sector and other financial institutions.
• SFDR: KPMG supports asset managers and investors in complying with the EU framework for sustainable finance, including the preparation and distribution of the European ESG Template (EET), the Sustainable Finance Disclosure Regulation (SFDR) annex in annual reports and prospectuses, the PAI (Principal Adverse Impact) Indicators calculation and the preparation of a PAI Management Report for fund management.
• EU Taxonomy: KPMG supports financial market participants in reporting in accordance with Art. 8 EU Taxonomy DR and the corresponding distribution of reports as well as the recording and transmission of taxonomy data in the EET.

Reliable data sources and a wealth of experience in investor reporting allow us to offer our clients high-quality reporting. Our automated preparation process enables competitive prices and short processing times. At the same time, it is flexible enough to process a wide variety of data formats. Our knowledge of changing requirements and our reports are always up to date. In addition to our reporting service, we are happy to support clients with our regulatory expertise in all further questions.