Pursuant to the Solvency Regulation for Housing Enterprises with Savings Facilities (Wohnungsunternehmen-Solvabilitätsverordnung – WuSolvV), housing enterprises with saving facilities are required to calculate an overall capital ratio at the end of each calendar year. The submission must be made electronically, by the latest business day of the calendar quarter following the reference date (Section 5(1) and (2) WuSolvV).

The report most recently submitted and the reports for the two preceding calendar years must be retained. Furthermore, housing enterprises with saving facilities must store market price data for submission pursuant to subsection 1 for the last reporting date, the reporting dates of the past 24 months and for the current reporting period and make them available to BaFin or the Bundesbank upon request (Section 5(3) WuSolvV).

If the overall capital ratio pursuant to Section 2(6) sentence 2 WuSolV falls below the value of 8.4 per cent, housing enterprises with saving facilities must additionally store the relevant market data and the calculations pursuant to this Regulation for the last 30 trading days. Both BaFin and the Bundesbank may require the information pursuant to sentences 2 and 3 to be submitted at the latest within 15 business days (Section 5(3) WuSolvV).

Housing enterprises with saving facilities are required to notify BaFin and the Bundesbank in writing without undue delay of non-compliance with capital requirements pursuant to Section 2(2) WuSolvV between the reporting dates. The report pursuant to sentence 1 must, in each case, contain the amount by which the capital falls short of the requirements.