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Regulatory reporting with ARKK

Freshen up ECB
Payment Statistics

De-stress regulatory compliance
with XML conversions
at the click of a button.

 

Let our close relationships with regulators lighten your compliance load. Our cloud-based portal makes sure you’re always compliant with the latest reporting requirements by incorporating taxonomy updates, regulatory changes and validations behind the scenes. So there’s no need for you to worry about system updates or software downloads.  

What is it?

ECB Payment Statistics: What you need to know

The ECB Payments Statistics (ECB Pay Stats) framework standardises how payment service providers across the euro area report data on transactions, instruments and fraud. Its purpose is to give the European Central Bank a clear, consistent picture of payment flows, supporting oversight, policy decisions and the stability of the European payments ecosystem.

What are ECB Payment Statistics?

Does it affect me?

You may be in scope if you’re a payment service provider operating within the euro area or reporting to an EU competent authority. This typically includes credit institutions, e-money issuers, payment institutions and entities offering payment services as defined under PSD2. If you process or issue payment instruments, you’re likely expected to submit ECB Pay Stats data.

What do I need to do?

ECB Pay Stats follow a set reporting cycle, with quarterly, semi-annual and monthly submissions each having their own timetable. Exact deadlines are set by national central banks and may differ from those published by the ECB. Firms should check the relevant national schedule and ensure internal processes are aligned with the set reporting windows.

What's the deadline?

If your business is affected, then hopefully you’re already filing your AIFMD reports. Depending on a number of factors including the type of assets held, the assets under management (AuM), the degree of leverage, and whether the AIFM is authorised or registered. Annual reporters must submit their report 30 or 45 days after December 31st. Half yearly reports must submit 30 or 45 days after the June 30th and December 31st. Quarterly reporters must submit 30 or 45 days after March 31st, June 30th, September 30th and December 31st. So, it pays to be ready just in case.

 

Our solution

Get ECB Pay Stats sorted

The ARKK regulatory reporting portal takes care of your ECB Pay Stats XML conversions.

Streamline regulatory reporting with ARKK

ARKK supports
jurisdictions across
the globe, including:

  • Bermuda
  • Cayman Islands
  • Channel Islands
  • Czech Republic
  • Germany
  • Iceland
  • Ireland
  • Italy
  • Luxembourg
  • Malta

We're happy to support you wherever you're based. Just speak to one of our experts!

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  • Netherlands
  • Norway
  • Sweden
  • United Kingdom
  • United States
  • Europe (inc. 27 EU states)
  • North America
  • South America
  • Africa
  • APAC

 

Why choose ARKK?

At ARKK, we believe that agile digital tech, plus traditional human expertise, is the perfect combination to ease our customers' compliance burdens. With our scale, experience and can-do attitude in your corner, your business can take the hassle out of intricate and complex regulatory reporting.

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Source agnostic icon- white
Extensive coverage
Extensive coverage

Get the essential reporting solutions at your fingertips, including CRD IV, IFR/IFD, Bank of England, AIFMD, Form PF, Solvency II, CbCR, CBI XBRL and CESOP.

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Automated validation
Automated validation

The regulators’ consistency checks are embedded into the ARKK software to ensure compliance with the regulators requirements.

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Excel based templates
Excel based templates

Easily link data from existing workbooks to ARKK templates to cut the time it takes to prepare your reports to the absolute minimum.

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Award winning support
Award winning support

Our team is here to deliver the latest taxonomy information and fix any errors. Extra hours and short SLAs are available around reporting deadlines.

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Cut errors with roll-forward
Cut errors with roll-forward

No more re-keying data into new templates. This handy feature saves time and reduces the risk of mistakes creeping into each submission.

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Secure cloud-based portal
Secure cloud-based portal

Our ISO 27001 certified portal gives you access to a single and secure destination for uploading, tracking, and accessing your files.

Streamline ECB Pay Stats with ARKK

Get the ARKK advantage

Discover why our fresh approach is trusted
by over 65% of the FTSE.

Don't just take our word for it...

The information that came back from ARKK was so clear and transparent.

Kreeson Thatiha, Head of Finance and Client Money, eToro

eToro

I was continually reassured of ARKK's technology and their commitment to customer service.

Darryl Alford, Finance Manager, DPD

DPD logo

ARKK were prepared to be more flexible with how we worked and how we were set up.

Alistair McClelland, Head of Tax, The University of Edinburgh

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Simply outstanding service and a real pleasure to work with.

Chris Parsons, Production Director, Radley Yeldar

RY

ARKK are extremely responsive and supportive partners.

Janette Moriarty, Group Financial Reporting Director, Kerry Group

Kerry Group

ARKK are invaluable to us… I wouldn't consider another project without them.

Valentin Ramousse, Head of International Business Development & Partner, Emperor Works

Emperor

The speed and accuracy of implementation was incredible.

Akash Kalaiya, EMEA Tax Manager, Universal Weather and Aviation

UA

The numbers behind ARKK

40+ jurisdictions supported internationally
<1% margin for error
2.63 average no. of responses to resolution

Fancy a chat?

Let’s get a date in the diary to talk about freshening up your reporting.

Fill out the form opposite and we'll get right back to you.