EBA published the phase 2 of the reporting framework 3.0. The technical package for this reporting framework includes the validation rules, the Data Point Model (DPM), and the XBRL taxonomy. The package covers reporting requirements on minimum requirement for own funds and eligible liabilities (MREL) and total loss-absorbing capacity (TLAC), MREL decisions, and notifications on the impracticability of contractual recognition of bail-in. This release also offers error corrections to the previous releases with respect to the topics of remuneration (High earners and benchmarking Report), global systemically important institution (G-SII) indicators, and asset encumbrance. To facilitate navigation through the data dictionary, EBA has updated the DPM Query Tool to reflect the information in the current release.
The EBA reporting framework 3.0 comprises amendments linked to the revised Capital Requirements Directive and Regulation (CRD5 and CRR2), the revised Bank Resolution and Recovery Directive (BRRD2), and the Investment Firms Regulation (IFR). This version of the reporting framework is expected to apply from June 30, 2021. The main changes compared to the previous version of the EBA reporting framework relate to the following:
- New implementing technical standards on supervisory reporting, replacing the Regulation No 680/2014, including new reporting requirements and changes to the reporting on own funds (including backstop for non-performing exposures), credit risk and counterparty credit risk, large exposures, leverage ratio, net stable funding ratio, FINREP, and G-SII indicators
- New implementing technical standards on disclosure and reporting of MREL and TLAC
- Press Release
- Validation Rules (XLSX)
- Taxonomy Files and Other Information (ZIP)
- DPM Query Tool (ZIP)
- Reporting Framework 3.0
Keywords: Europe, EU, Banking, Basel, Reporting, Reporting Framework 3.0, COREP, FINREP, CRR2, MREL, TLAC, IFR, Investment Firms, EBA
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