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
ECB published Guideline 2021/975, which amends Guideline ECB/2014/31, on the additional temporary measures relating to Eurosystem refinancing operations and eligibility of collateral.
EIOPA published a report, from the Consultative Expert Group on Digital Ethics, that sets out artificial intelligence governance principles for an ethical and trustworthy artificial intelligence in the insurance sector in EU.
HKMA published the seventh and final issue of the Regtech Watch series, which outlines the three-year roadmap of HKMA to integrate supervisory technology, or suptech, into its processes.
EC launched a targeted consultation to improve transparency and efficiency in the secondary markets for nonperforming loans (NPLs).
BIS, Danmarks Nationalbank, Central Bank of Iceland, Norges Bank, and Sveriges Riksbank launched an Innovation Hub in Stockholm, making this the fifth BIS Innovation Hub Center to be opened in the past two years.
FDITECH, the technology lab of FDIC, announced a tech sprint that is designed to explore new technologies and techniques that would help expand the capabilities of community banks to meet the needs of unbanked individuals and households.
EC released the EU Taxonomy Compass, which visually represents the contents of the EU Taxonomy starting with the EU Taxonomy Climate Delegated Act.
FDIC is seeking comments on a rule to amend the interagency guidelines for real estate lending policies—also known as the Real Estate Lending Standards.
EIOPA published its annual report, which sets out the work done in 2020 and indicates the planned work areas for the coming months.
The ESRB paper that presents an analytical framework that assesses and quantifies the potential impact of a bank failure on the real economy through the lending function.