A firm must prepare two reports for the FCA describing the results of the monitoring required by CONC 5D.4.1R. The first report must be in respect of the six-month reporting period beginning on the date on which the firm becomes subject to CONC 5D. The second report must be in respect of the six-month reporting period that begins immediately after the end of the reporting period covered by the first report. Each report must be submitted to the FCA by electronic mail to email@example.com within one month following the end of the relevant six-month reporting period and must include the following information:
the number of repeat users and total size of their overdraft balances at the start of the reporting period;
the number of repeat users and total size of their overdraft balances at the end of the reporting period; and
any explanation, commentary or background on the figures in (a) and (b).