ECB published version 4.0.0 of the SFRDP taxonomy package to be used by national competent authorities when submitting supervisory financial reporting data points (SFRDP) to ECB, in accordance with the Regulation 2020/605 on supervisory financial information. Along with the taxonomy package, ECB has published release notes, templates, XBRL filing information, and validation rules. The SFRDP XBRL taxonomy is an extension of the FINREP (FINREP 9) EBA XBRL taxonomy included in the EBA 2.8 framework release. It references the applicable tables of the EBA taxonomy, but limits their scope to the cells identified in the ECB Regulation. Additionally, ECB updated the list of additional supervisory data quality checks that are aimed at enhancing the quality of supervisory reporting data.
Similar to the EBA XBRL taxonomies, individual and consolidated modules have been defined in the ECB SFRDP XBRL taxonomy 4.0.0. The taxonomy package contains three modules: FINREP_2.9.1-DP (FINREP Reporting Data Points (IFRS 9), Consolidated National GAAP); FINREP_2.9.1-Ind-DP (FINREP Reporting Data Points (IFRS 9), Individual National GAAP); and FINREP_2.9.1-Ind-DP (FINREP Reporting Data Points (IFRS 9), Individual IFRS). The SFRDP taxonomy provides a uniform technical format for data collection, defining the data items, business concepts, relations, visualizations, and validation rules. The applicable validation rules from the referenced EBA XBRL taxonomy have been replicated in the SFRDP taxonomy and the suffix “_dp_xx” has been added to their codes. Their scope has been appropriately limited and the text of their error messages has been updated to correctly refer to the SFRDP tables. In addition, all applicable cross-table (that is, between original FINREP tables and the SFRDP tables) validation rules have been created and included in the taxonomy. Appropriate assertion set files and filing indicator preconditions have been added to the modules.
The document on XBRL filing information intends to provide national competent authorities with reporting instructions on the use of XBRL filing indicators in the relevant XBRL instance file submissions and the codes to be used on the file names for the relevant instances. On both topics, ECB has chosen to follow the existing rules and architecture defined by EBA. The document provides examples covering different scenarios of supervised entities required to report using the SFRDP taxonomy. Filing indicators are XBRL artefacts providing information about the units—typically the templates—that are being reported in a given XBRL instance file. Filing indicators also trigger the appropriate taxonomy validation rules. An instance must contain a filing indicator associated with each template the supervised entity is intending to report.
- SFRDP Taxonomy
- SFRDP Taxonomy Package, Version 4.0.0 (ZIP)
- Release Notes (PDF)
- Templates (ZIP)
- XBRL Filing Information (PDF)
- Validation Rules, Version 4 (XLSX)
Keywords: Europe, EU, Banking, Reporting, FINREP, Taxonomy 4.0.0, Framework 2.8, Validation Rules, SFRDP Taxonomy, IFRS 9, EBA, ECB
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