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In forceInvestment firmsLast checked 11 November 2026

Investment firm prudential report, class 2 firms, quarterly (IF_CLASS2)

A regulatory return listed by the European Banking Authority (EBA), European Union.

Regular supervisory reporting under the Investment Firms Regulation (Regulation (EU) 2019/2033) so that competent authorities can check investment firms' capital (own funds), capital requirements including the K-factors, concentration risk, liquidity and level of activity. The EBA designed the framework to be proportionate to the activities, size and complexity of investment firms. Source

Official title: ITS on reporting and disclosures for investment firms: Commission Implementing Regulation (EU) 2021/2284 on supervisory reporting and disclosures of investment firms, as amended by Commission Implementing Regulation (EU) 2025/2159 of 27 October 2025. Module IF_CLASS2 (Annexes I and II, reporting for class 2 investment firms; Annex X and XI for K-NPR).

Check a IFR class 2 file, freeEvery EBA rule for IFR class 2, in plain words

The facts

Who files
Investment firms that do not meet the conditions of Article 12(1) of Regulation (EU) 2019/2033 to count as small and non-interconnected (the EBA calls these 'class 2' firms) report to their competent authority, on an individual basis and, where required, a consolidated basis (Articles 1, 3, 4 and 5(1)). Firms that calculate the market risk K-factor using K-NPR also report templates C 18.00 to C 24.00 (Annex X); firms using the derogations in Article 25(4) and Article 25(5), second subparagraph, of that Regulation also report C 34.02 and C 25.01 (Article 5(2) to (4) as replaced by Regulation (EU) 2025/2159). Competent authorities then send the data to the EBA within 25 business days of the remittance dates (EBA Decision EBA/DC/446, Article 3(1)). Source
How often
Quarterly, as at 31 March, 30 June, 30 September and 31 December (Articles 1(1), point (a), and 5(1)). The additional templates C 18.00 to C 24.00, C 34.02 and C 25.01 are also quarterly where they apply (Article 5(2) to (4) as replaced by Regulation (EU) 2025/2159). Source
Deadline
By close of business on 12 May, 11 August, 11 November and 11 February (Article 2(1), point (a)); if the date is a public holiday in the competent authority's Member State, or a Saturday or Sunday, on the following working day (Article 2(2)). Transitional rule: template C 25.01 for any reference dates between January and April 2026 is due by 30 June 2026 at the latest (Article 2(1), second subparagraph, added by Regulation (EU) 2025/2159). Source
Format
xBRL-CSV, XBRL-XML. Firms file in the data exchange format their national authority sets, following the EBA data point model and its validation rules. Authorities send the data to the EBA in xBRL-CSV only for reference dates from 31 March 2026; for earlier reference dates the EBA accepted xBRL-XML or xBRL-CSV. Source
How it is filed
Filing routes recorded for the EBA: EUCLID (European Centralised Infrastructure of Data); Pillar 3 data hub (P3DH) submissions. See how firms file with the EBA.
Status
In forceThe 4.2 page lists the ITS with 'Status: In force'. Implementing Regulation (EU) 2025/2159 (Official Journal of 31.10.2025) aligns the investment firm templates with the bank reporting rules in Implementing Regulation (EU) 2024/3117 and enters into force on the twentieth day after publication; the EBA product page still labels that amending ITS 'Not yet applicable'. The 4.2 module version applies from reference date 31 March 2026; first_reference_date here is that date. The original ITS was expected to apply from reference date 30 September 2021 for class 2 firms (2021 final report). Reporting framework 4.4 phase 1 lists no change to this module. Source
Legal basis
Group
Investment firms
Check a file before you file it

Line4 Check for EBA reporting runs EBA's own validation rules on a IF_CLASS2 file in your browser, free. Your file never leaves your computer. What it runs, from its published manifest:

  • EBA release 4.2: all 7,736 of EBA's active checks.
  • EBA release 4.0: 8,059 of EBA's 8,062 active checks (99%).

Every EBA rule for IFR class 2, in plain words

It is not a substitute for the validation the supervisor runs when you submit.

Templates (36)

The tables and forms inside the return. Plain name first, the EBA's code in brackets.

  • Market risk: Standardised Approach for traded debt instruments (C 18.00)
  • Market risk: Standardised Approach for specific risk in securitisations (C 19.00)
  • Market risk: Standardised Approach for specific risk in the correlation trading portfolio (C 20.00)
  • Market risk: Standardised Approach for position risk in equities (C 21.00)
  • Market risk: Standardised Approaches for foreign exchange risk (C 22.00)
  • Market risk: Standardised Approach for position risk in commodities (C 23.00)
  • Market risk: Internal models - Total (C 24.00)
  • Credit valuation adjustment risk (cva) (C 25.01)
  • CCR exposures by approach (CCR 2) (C 34.02)
  • Own funds composition (I 01.00)
  • Own funds requirements (I 02.01)
  • Capital ratios (I 02.02)
  • Fixed overheads requirements calculation (I 03.00)
  • K-Factor requirement calculations (I 04.00)
  • Level of activity - Thresholds review (I 05.00)
  • Assets under management - AUM additional detail (I 06.01)
Show all 36 templates
  • Average value of total monthly AUM (I 06.02)
  • Client money held - CMH additional detail (I 06.03)
  • Average value of total daily CMH (I 06.04)
  • Assets safeguarded and administered - ASA additional detail (I 06.05)
  • Average value of total daily ASA (I 06.06)
  • Client orders handled - COH additional detail (I 06.07)
  • Average value of total daily COH (I 06.08)
  • K-Net position risk - K-NPR additional detail (I 06.09)
  • Clearing Margin given - CMG additional detail (I 06.10)
  • Trading counterparty default - TCD additional detail (I 06.11)
  • Daily trading flow - DTF additional detail (I 06.12)
  • Average value of total daily DTF (I 06.13)
  • K-CON - additional detail (I 07.00)
  • Level of concentration risk - Client money held (I 08.01)
  • Level of concentration risk - Assets seafeguarded and administered (I 08.02)
  • Level of concentration risk -Total own cash deposited (I 08.03)
  • Level of concentration risk - Total earnings (I 08.04)
  • Trading book exposures (I 08.05)
  • Non-trading book and off-balance sheet items (I 08.06)
  • Liquidity requirements (I 09.00)

Templates of module IF_CLASS2 in EBA release 4.2, read from the module's entry point in the taxonomy package; parts of a template split into sub-tables (a, b, c) are listed once. Release 4.0 has the same 36 template codes. Source

Validation rules

245 rules, as counted from the EBA's published material. Software can run them exactly as published. Source

How they are written: Excel list with one row per rule and module version: an expression column in the EBA's DPM-XL syntax, severity (error or warning), active status and reference-date range. The same rules ship as XBRL Formula assertions in the taxonomy package..

EBA's list applies the active IF_CLASS2_4.2 rules to reference dates from 2026-03-31 to 2027-12-30. Release 4.0 (IF_CLASS2_4.0): 239 active of 290 listed.

The rules, on eba.europa.eu

How they were counted

Distinct rule codes listed for module IF_CLASS2_4.2 in EBA's validation rules list VR_4.4.phase1_.xlsx ((from 4.0) EBA_Validation rules, latest update 12/10/2026) with IsActive = Active: 245 of 282 listed. 1 of the active rules have severity error; the rest are warnings.

Counts are in the EBA's own unit, so they are not comparable with other regulators' counts.

Public data

No published data from this return was found. No publication of this return's data found on the EBA's risk analysis and data pages (checked 2026-11-11). Source

Official documents (16)

The EBA's own files, with the size and SHA-256 fingerprint of each as downloaded on 11 November 2026, so anyone can tell whether a copy is the same version.

  • Legal Act (IF_CLASS2)

    Legal text · PDF · 1.7 MB · 27 October 2025

    Implementing Regulation (EU) 2025/2159, Official Journal text of 31.10.2025; date is the act date printed in the file. Shared by IF_CLASS2, IF_CLASS3 and IF_GROUPTEST.

    SHA-256 3bfb5a19563bshow in full3bfb5a19563ba357b24fd43108d009da1686c06208f048af087dac7ad306fa4b
  • Templates (IF_CLASS2)

    Template · XLSX · 116.4 KB · 5 February 2026

    New Annex X: market risk templates C 18.00 to C 24.00 for the K-NPR K-factor (class 2 firms).

    SHA-256 fdc6892c69e2show in fullfdc6892c69e26f512c823e6982b1f977046be2af3cf7c6942ce4d209315a1624
  • Instructions (IF_CLASS2)

    Instructions · DOCX · 124.5 KB · 5 February 2026

    New Annex XI: instructions for reporting of the RtM K-factor requirement on the basis of K-NPR.

    SHA-256 71e3d9971538show in full71e3d9971538d7ce56504165ad0abbce1d1dfcb0a71091ed5893307fd7764d07
  • Final Draft ITS on Reporting and disclosures for investment firms

    Reporting standard · PDF · 1.3 MB · 30 June 2021

    EBA final draft of the base ITS (reference dates, remittance dates, frequency by class); 'Last update 30 June 2021'.

    SHA-256 d15b0e30260dshow in fulld15b0e30260d027a9267b68113d4e0930654d7b9caa062b7af32aa39a7db51f1
  • Annex I - Reporting for Class 2 investment firms

    Template · XLSX · 52.5 KB · 30 June 2021

    Final draft annex; 'Last update 30 June 2021'.

    SHA-256 91fb650efe20show in full91fb650efe200058b82882f41b02f29f48aa5f1e09c716d1506b8bf15ec9baa7
  • Annex II - Reporting for Class 2 investment firms

    Instructions · PDF · 335.0 KB · 30 June 2021

    Final draft annex; 'Last update 30 June 2021'.

    SHA-256 19f9a33ddd86show in full19f9a33ddd865ee5a1c951c720adbc128e34d16acf40f4a236e4b7939d3a87d5
  • Reporting framework 4.2

    List of returns · HTML

    Table 1.A maps every module of release 4.2 to its legal act, templates and instructions.

  • Taxonomy package 4.2

    Taxonomy · ZIP · 62.0 MB · 13 January 2026

    XBRL taxonomy for all 50 modules of release 4.2, including the validation rules as XBRL Formula assertions.

    SHA-256 0bf9e33720deshow in full0bf9e33720de1472e809417999cfd29e4b5eadb31750c7770622e502590bbdd0
  • Sample files 4.2

    Sample · ZIP · 2.9 MB · 13 January 2026

    SHA-256 41fb8435ce33show in full41fb8435ce33c53528bd05f8624e79acdfc7e6d8991a67870292646fb88cc0ef
  • DPM table layout and data point categorization (4.2.1)

    Template · ZIP · 17.5 MB · 27 February 2026

    Annotated Excel layouts of every template in release 4.2 and 4.2.1, with row and column codes.

    SHA-256 e022598f9f98show in fulle022598f9f98408d6920555a90c899bea5a1a2519b696703c232526a45b7cc07
  • (from 4.0) EBA_Validation rules (latest update 12/10/2026)

    Validation rules · XLSX · 1.1 MB · 12 October 2026

    One row per rule and module version, with the expression, severity, active status and reference-date range.

    SHA-256 38c190fa4c2fshow in full38c190fa4c2ff81f22a5bd2ed94f744fc64e4eb9b722676e07f89669d79b1aea
  • Small validation package 14/09/2026: Micro taxonomy package

    Validation rules · ZIP · 1.5 MB · 14 September 2026

    Severity and deactivation updates for the taxonomy (XBRL set folders).

    SHA-256 ea6184a7e3a6show in fullea6184a7e3a67016346f2154bfb04ca0a489ea829cf344239367fa216d21709f
  • EBA filing rule V5.9

    Filing rules · PDF · 1.2 MB · 26 June 2026

    Technical rules for XBRL-XML and xBRL-CSV files sent to the EBA.

    SHA-256 bbc23b9ecad5show in fullbbc23b9ecad5de0a0821bbe8bce8e4ce617652afce02e81c88d572bac4a4b293
  • DPM Know issues (uploaded on 05/11/2026)

    Known issues · XLSX · 69.9 KB · 5 November 2026

    SHA-256 c6753a428649show in fullc6753a4286496876f2e545b355f1ebaddf0e4383de522b19818c93af141327e0
  • EBA filing rule V5.8

    Filing rules · PDF · 1.1 MB · 25 February 2026

    SHA-256 dea8d520c922show in fulldea8d520c9229c52ae1f44e921a3728d769544e0f0c8937da3958f1c0197d2bf
  • FAQs for Reporting Innovations and Upcoming Releases (Updated on 25/11/2025)

    Guidance · PDF · 196.4 KB · 25 November 2025

    SHA-256 ddcccd9e56f0show in fullddcccd9e56f0c670c5fdeffda7b564dd5a7bf752e990be8e6ed3e2fe7c6fd796

Sources

Every page and document this return's facts were read from.

Knowing exactly what is collected, in what format and under which rules is the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.

Line4's text and records here are free to reuse under CC BY 4.0. Please credit: “Source: Line4 regulatory submissions library (CC BY 4.0), https://www.line4.ai”. The regulators' documents, forms, taxonomies, rules and data belong to them: see EBA's reuse terms. This describes what regulators publish. It is not legal or regulatory advice: always rely on the regulator's own text.

Contains material from the European Banking Authority (EBA), https://www.eba.europa.eu, reproduced with the source acknowledged as the EBA's legal notice requires. Source: European Banking Authority.

Last checked 11 November 2026.