EBA Publishes Phase 2 of Technical Package on Reporting Framework 2.9

EBA intends to publish an update to the 2.9 taxonomy in January, to add and correct validation rules. The aim would be to enhance data quality, taking into account both feedback on the 2.9 taxonomy, but also crucially practical reporting experience from the 2.9 release. Only elements of 2.9 that have not yet come into use in January would be affected (that is, excluding Resolution or Benchmarking). This change is not intended to impact any structural elements of the reporting, but only the validation rules—that is, the changes would be “instance compatible.” The amendments to the reporting framework 2.9 will apply from different reference dates due to different application dates of the underlying regulatory requirements.

Related Links

• Press Release
• Reporting Framework 2.9

Keywords: Europe, EU, Banking, Reporting, Framework 2.9, Supervisory Benchmarking, FINREP, COREP, Resolution Framework, Validation Rules, DPM 2.9, Taxonomy, EBA