BoE Publishes Version 3.2.0 of XBRL Taxonomy for PRA110 Reporting
BoE published version 3.2.0 of the banking XBRL taxonomy, along with the related technical artefacts. This version of the taxonomy, data point model (DPM) dictionary, annotated templates, and validation rules covers requirements for Pillar 2 liquidity PRA110 reporting as set out in the policy statement (PS13/19) on Pillar 2 liquidity. The new version will take effect from January 01, 2020. BoE also published an update (Version 01.02) to the PRA110 liquidity metric monitor tool (PRA110 LMM tool) in response the to feedback received on Version 01.01. This tool is intended to assist firms in the same way as the LMM for FSA047 and FSA048.
The taxonomies for minimum requirement for own funds and eligible liabilities (MREL), ring-fencing, financial statements, and Capital+ reporting remain unchanged from version 3.1.1 of the banking XBRL taxonomy. PRA110 LMM tool is for information only and must not be used to submit regulatory returns. This tool is designed to demonstrate some of the metrics that are calculated using information from PRA110. The updated tool aligns with the current PRA110 template. A new version of the PRA110 LMM tool (Version 02.01) that is aligned to the PRA110 template, as set out in PS13/19, will be published in due course.
Related Links
- Notification
- Taxonomy Version 3.2.0
- PRA110 LMM Tool, Version 01.02 (XLSX)
- Overview of Liquidity Tools
- PS13/19
Effective Date: January 01, 2020
Keywords: Europe, UK, Banking, Reporting, Version 3.2.0, DPM, Validations, PRA110, Pillar 2, Taxonomy, Liquidity Risk, PRA110 LMM Tool, BoE
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
BIS Paper Examines Impact of Low Interest Rates on Bank ActivityRelated Articles
PRA Consults on Implementation of Certain Provisions of CRD5
PRA, via the consultation paper CP12/20, proposed changes to its rules, supervisory statements, and statements of policy to implement certain elements of the Capital Requirements Directive (CRD5).
EIOPA Report Identifies Key Financial Stability Risks for Insurers
EIOPA published the financial stability report that provides detailed quantitative and qualitative assessment of the key risks identified for the insurance and occupational pensions sectors in the European Economic Area.
EBA Publishes Risk Dashboard for First Quarter of 2020
EBA published its risk dashboard for the first quarter of 2020 together with the results of the risk assessment questionnaire.
EBA Issues Updates on Stress Test Exercise for Banks in EU
EBA announced that the next stress testing exercise is expected to be launched at the end of January 2021 and its results are to be published at the end of July 2021.
PRA Proposes Guidance Related to Matching Adjustment under Solvency II
PRA published the consultation paper CP11/20 that sets out its expectations and guidance related to auditors’ work on the matching adjustment under Solvency II.
MAS Issues Guidance on Dividend Distributions by Banks
MAS published a statement guidance on dividend distribution by banks.
APRA Updates Guidance on Capital Management for Banks
APRA updated its capital management guidance for banks, particularly easing restrictions around paying dividends as institutions continue to manage the disruption caused by COVID-19 pandemic.
FSB Report Reviews Macro-Prudential Framework and Tools in Germany
FSB published a report that reviews the progress on data collection for macro-prudential analysis and the availability and use of macro-prudential tools in Germany.
EBA Urges Firms to Finalize Preparations for End of Brexit Transition
EBA issued a statement reminding financial institutions that the transition period between EU and UK will expire on December 31, 2020; this will end the possibility for the UK-based financial institutions to offer financial services to EU customers on a cross-border basis via passporting.
SRB on Operational Continuity in Resolution and FMI Contingency Plans
SRB published guidance on operational continuity in resolution and financial market infrastructure (FMI) contingency plans.
