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 Finalizes Policy on Prudent Person Principle Under Solvency II
PRA published the policy statement PS14/20, which contains the supervisory statement SS1/20 and the feedback to responses to the consultation paper CP22/19 on expectations for investment by firms in accordance with the Prudent Person Principle, or PPP, as set out in the Investments Part of the PRA Rulebook.
EBA on Extending Large Exposure Limits for French Systemic Banks
EBA published an opinion following the notification by the French macro-prudential authority, the Haut Conseil de Stabilité Financière (HCSF), of its intention to extend a measure introduced in 2018 on the use of Article 458(9) of the Capital Requirements Regulation (CRR).
ECB Highlights NPL Resolution as Key Policy Issue in Post-COVID Europe
As part of a Research Bulletin on the recent policy-relevant work, ECB published an article that examines the lessons learned from past crises for nonperforming loan resolution in the post COVID-19 period.
RBNZ Publishes Financial Stability Report for May 2020
RBNZ published the financial stability report for May 2020. This review of the financial system in the country highlights that the economic disruption associated with COVID-19 will present challenges to the financial system.
ECB Updates Guidance on Reporting of Securities Holdings Statistics
ECB updated the guidance notes for reporting related to the statistics on holdings of securities by reporting banking groups (SHSG).
ECB Publishes Results of Financial Stability Review in May 2020
ECB published results of the financial stability review in May 2020. Among other issues, the financial stability review assesses operations of the financial system so far during the COVID-19 pandemic.
Regulators and Private Sector Meet to Discuss COVID Policy Responses
Financial policymakers and international standard-setters met virtually with private-sector executives to discuss international policy responses to COVID-19 pandemic.
ESMA Responds to IASB Consultation on Interest Rate Benchmark Reform
ESMA published a letter responding to IASB on the exposure draft on the phase 2 of the interest rate benchmark reform.
HKMA Consults on Supervisory Policy for OTC Derivatives Transactions
HKMA is consulting on revisions to the Supervisory Policy Manual module CR-G-14 on margin and other risk mitigation standards for non-centrally cleared over-the-counter (OTC) derivatives transactions.
EBA Examines Impact of COVID Crisis on Banking Sector in EU
EBA published thematic note presenting a preliminary assessment of the impact of COVID-19 outbreak on the banking sector in EU.
