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.
- Taxonomy Version 3.2.0
- PRA110 LMM Tool, Version 01.02 (XLSX)
- Overview of Liquidity Tools
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
Previous ArticleIMF Report States Colombia to Introduce Basel Standards from 2020-24
EBA published an erratum for the technical package on phase 2 of the reporting framework 3.0.
MAS amended Notice 643A that addresses requirements for banks to prepare statements of exposures and credit facilities to related concerns or parties.
ECB has published, in the Official Journal of the European Union, the Guideline 2021/565 on the euro short-term rate (€STR) and this guideline amends the previous ECB Guideline 2019/1265.
EBA launched a consultation on the draft regulatory technical standards on the list of countries with an advanced economy for calculating the equity risk under the alternative standardized approach (FRTB-SA).
PRA is proposing, via CP7/21, the approach to implementing new requirements related to the specification of the nature, severity, and duration of an economic downturn in the internal ratings-based (IRB) approach to credit risk.
The UK government launched the Recovery Loan Scheme (RLS) as part of its continued COVID-19 support for UK businesses, as announced by HM Treasury on March 03, 2021.
FSB published a letter, from its Chair Randal K. Quarles, to the G20 Finance Ministers and Central Bank Governors, ahead of their virtual meeting on April 07, 2021.
OSFI issued a letter to the deposit-taking institutions issuing covered bonds and announced the unwinding of the temporary increase to the covered bond limit for deposit-taking institutions, effective immediately.
To support recovery from the COVID-19 crisis, EU has published two regulations to amend the securitization framework, as set out in the Securitization Regulation (2017/2402) and the Capital Requirements Regulation or CRR (575/2013).
HM Treasury announced that G7 Finance Ministers and Central Bank Governors met ahead of COP 26, the 2021 UN Climate Change Conference, and agreed on green agenda.