Major BCL Update 2027: Transition to Layout 2 for Financial Companies Reporting
BCL
Change
The circular adjusts the statistical reporting obligations of financial companies by introducing and/or updating certain reporting formats and data to be submitted.
These modifications aim to align data collection with recent standards and regulations, while reducing unnecessary redundancies.
Entry into Force
Unlike recent changes concerning investment funds, for which the new format applied from December 2025, the new formats for financial companies will apply from January 2027. All reports for 2026 (TPTIBS, S2.16, S2.17) must therefore be submitted in the current format.
Impact for Reporting Entities
The entities concerned will need to adapt their processes for generating and submitting statistical reports in order to comply with these new specifications from January 2027 onward. Preparatory work is recommended to anticipate this change.
Testing Phase
The BCL plans to implement a testing phase before the definitive entry into force of these new requirements. During this period, reporting entities or their service providers may submit test data to verify format, consistency, and compatibility with the new standards, without immediate regulatory consequences. This will allow potential errors to be detected and corrected before official reporting begins.
U IT solution : RFC GUI
The solution we have been offering since 2015 is updated every year, mainly to add new features or new rules or controls when entering data. The 2026 update mainly concerned security with the removal of ActiveX components (see this article).
We will carry out this important update soon and will inform our customers when we have a first version available so that those who wish to do so can carry out the tests recommended by the BCL.
For More Information:
U IT – U IT Solutions for BCL Statistical Reporting
U IT – Article on RFC GUI
BCL – Circular 2026/050
BCL – Reporting Instructions