1. Investment firms shall report on a quarterly basis to the competent authorities all of the following information:

(a) level and composition of own funds;

(b) own funds requirements;

(c) own funds requirement calculations;

(d) the level of activity in respect of the conditions set out in Article 12(1), including the balance sheet and revenue breakdown by investment service and applicable K-factor;

(e) concentration risk;

(f) liquidity requirements.

 By way of derogation from the first subparagraph, investment firms that meet the conditions for qualifying as small and non-interconnected investment firms set out in Article 12(1) shall submit such reports on an annual basis.

2. The information specified in point (e) of paragraph 1 shall include the following levels of risk and shall be reported to the competent authorities at least on an annual basis: