22-11-2012 Change threshold amount investment funds reporting profiles in 2013

In reporting year 2013, the threshold amount determining  the investment funds reporting profiles is to be changed.

The threshold is reviewed annually because pursuant to EU law, the European Central Bank requires that BIV and BIC reports cover at least 95% of the entire population’s balance sheet total.

From January 1st 2013, the threshold will be increased from EUR 75 million to EUR 100 million. Entities with balance sheet totals below EUR 100 million will henceforth fall under the BIB profile, whereas funds whose balance sheets are equal to or greater than EUR 100 million have to report according to the BIV or BIC profiles.