Bundesbank released the XBRL taxonomy 220.127.116.11, pursuant to the EBA implementing technical standards on supervisory reporting. The taxonomy version 18.104.22.168 contains forms with the German header information. As modules in the COREP taxonomy enter into force on different dates, two different taxonomies (taxonomies 2.8 and 2.9) will be valid in parallel in March 2020.
For the March 31, 2020 reference date, the liquidity coverage ratio (LCR), LCR_DA, net stable funding ratio (NSFR), and ALM modules will have to be reported in accordance with taxonomy 2.8, whereas the LE, OF, and LR modules will have to be reported in accordance with taxonomy 2.9. As of April 30, 2020, the LCR, LCR_DA, NSFR, and ALM modules must also be reported according to taxonomy 2.9. For the quarterly reports of these modules, according to the taxonomy 2.9, the first reference reporting date will be June 30, 2020. Additionally, the framework for FINREP will apply from June 2020 while the supervisory benchmarking portfolios (SBP) framework will apply from December 2019.
Keywords: Europe, Germany, Banking, Reporting, Taxonomy, XBRL, Implementing Technical Standards, LCR, NSFR, COREP, FINREP, Framework 22.214.171.124, Taxonomy 2.8, EBA, Bundesbank
Previous ArticleOSFI Revises Guideline on Margin Requirements for Derivatives
The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).
The Australian Prudential Regulation Authority (APRA) published the prudential practice guide CPG 511 to assist banks, insurers, and superannuation licensees in meeting requirements of CPS 511, the new prudential standard on remuneration.
The Office of the Comptroller of the Currency (OCC) published a bulletin that provides an updated self-assessment tool for banks to evaluate their preparedness for cessation of the London Interbank Offered Rate (LIBOR).
The Financial Stability Board (FSB) published a report that examines the progress made toward disclosures aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
The Basel Committee on Banking Supervision (BCBS) published the progress report on adoption of the Basel III regulatory framework in member jurisdictions.
The French Prudential Supervisory Authority (ACPR) has implemented, in its information system, updates linked to the Data Point Model (DPM) version 3.1.
The European Banking Authority (EBA) published a thematic note that aims to identify and raise awareness of the transition risks of benchmark rates, as the London Interbank Offered Rate (LIBOR) and the Euro Overnight Index Average (EONIA) are close to being phased out.