Statutory & Regulatory Reporting
Software – CCH Tagetik

Regulatory reporting has a characteristic that no other finance process shares: the requirements change while you are still implementing them. IFRS 16 changed how every lease appears on the balance sheet. IFRS 17 rewrote insurance accounting entirely. Solvency II reporting templates are revised by EIOPA on a rolling basis. EBA taxonomies update several times a year.

For most finance teams, each new framework arrives as a separate project – a new spreadsheet model, a new data collection round, a new set of manual reconciliations against the financial statements. The cost is not just effort. It is the growing gap between what the regulator asks for and what the organization can produce reliably, on time, every period.

A regulatory reporting platform changes the economics of compliance: frameworks are configured once against governed data, updated centrally when requirements change, and produced from the same source as the financial statements.

Regulatory frameworks differ in what they measure, but they share the same underlying problem: they need granular, validated data that ties back to the financial statements. CCH Tagetik delivers pre-built compliance content for the frameworks that matter most to European finance and risk teams – configured on the same platform used for consolidation and close.

IFRS 16 – lease accounting

IFRS 16 requires lessees to recognize almost all leases on the balance sheet, as right-of-use assets and corresponding lease liabilities. For organizations with large lease portfolios – retail chains, logistics operators, banks with branch networks, manufacturers with equipment fleets – this means maintaining lease-level calculations, modification tracking, remeasurement events and disclosure tables, every period.

CCH Tagetik automates IFRS 16 lease accounting end-to-end: contract data collection, right-of-use asset and lease liability calculation, amortization and interest schedules, modification and remeasurement handling, and the disclosure tables required in the notes. Results feed directly into consolidation, so lease accounting is not a parallel process reconciled at the end.

IFRS 17 – insurance contracts

IFRS 17 fundamentally changed insurance accounting, introducing the Contractual Service Margin (CSM), the risk adjustment, and measurement models (GMM, PAA, VFA) that require actuarial and financial data at a level of granularity most insurers were not previously maintaining.

CCH Tagetik supports IFRS 17 with pre-built data models for measurement model calculations, CSM roll-forward, transition approaches and the disclosure requirements – connecting actuarial inputs to financial reporting in one governed environment.

Solvency II – insurance regulatory reporting

Solvency II requires insurers to calculate the Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR), maintain best estimate liabilities and risk margin, and produce quantitative reporting templates (QRTs) alongside the Solvency and Financial Condition Report (SFCR) and Regular Supervisory Report (RSR).

CCH Tagetik provides pre-built Solvency II reporting content aligned with EIOPA taxonomies – QRT production, validation rules, XBRL output for supervisory filing, and the narrative reporting workflow for SFCR and RSR. Taxonomy updates are delivered as content packages, not as reimplementation projects.

EBA and ESMA – banking regulatory reporting

Banks report under EBA taxonomies (FINREP, COREP and related frameworks) with submission calendars that leave little room for manual correction. CCH Tagetik delivers pre-built EBA reporting content with validation rules applied before submission, and ESMA-aligned reporting for listed entities – including the ESEF format for annual financial reports.

CSRD – sustainability reporting

Since 2024, sustainability reporting under the Corporate Sustainability Reporting Directive has carried the same standing as financial reporting: prepared under the European Sustainability Reporting Standards, subject to external assurance, and published within the annual report rather than as a separate document. For finance teams, this means ESG data now requires the same governance, validation and audit trail as any regulatory return.

CCH Tagetik covers CSRD and ESRS reporting on the same platform as the frameworks above – with the same data collection workflows and controls. Because the data model and the assurance requirements differ substantially from financial regulatory reporting, we cover this in detail on a dedicated page: → ESG & Sustainability Performance Management

Statutory reporting is the preparation and filing of financial reports required by law – statutory accounts, annual financial statements and regulatory returns – following the accounting standards and formats mandated in each jurisdiction where an organization operates.

For a multinational group, this means producing statutory accounts under local GAAP for each legal entity, alongside consolidated statements under IFRS, alongside sector-specific regulatory returns for banking or insurance supervisors. The same underlying transactions have to be presented several different ways, consistently, with an audit trail linking every statutory figure back to the group financial data.

This is where most organizations lose time: statutory accounts prepared locally in spreadsheets, reconciled manually against group reporting, with differences investigated at year end rather than prevented at source.

Regulatory reporting implementations fail for a specific reason: the partner understands the platform but not the regulation. Configuring IFRS 17 measurement models, Solvency II QRTs or EBA taxonomies requires consultants who have worked with the standards themselves, not just with the software.

Inulta – CCH Tagetik Platinum Implementation Partner and Best EPM Implementation Partner 2026 – delivers regulatory reporting as part of finance transformation programs across banking, insurance and multinational groups. Our consultants combine platform certification with domain knowledge of the frameworks, and our implementations are timed around reporting calendars: first cycle in parallel, go-live ahead of the filing deadline that matters.

Learn more about our CCH Tagetik implementation approach →