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
Previous ArticleFI Report Outlines Work on Sustainability Issues in Financial Sector
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying and, where relevant, calibrating the minimum performance-related triggers for simple.
The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.
The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).
The Monetary Authority of Singapore (MAS) set out the Financial Services Industry Transformation Map 2025 and, in collaboration with the SGX Group, launched ESGenome.
The Basel Committee on Banking Supervision met, shortly after a gathering of the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of BCBS.
The International Organization of Securities Commissions (IOSCO) welcomed the work of the international audit and assurance standard setters—the International Auditing and Assurance Standards Board (IAASB)
The Bank of England (BoE) published a Statistical Notice (2022/18), which informs that due to the Bank Holiday granted for Her Majesty Queen Elizabeth II’s State Funeral on Monday September 19, 2022.
The French Prudential Control and Resolution Authority (ACPR) announced that the European Banking Authority (EBA) has updated its filing rules and the implementation dates for certain modules of the EBA reporting framework 3.2.
The European Central Bank (ECB) published a paper that examines how credit rating agencies accepted by the Eurosystem, as part of the Eurosystem Credit Assessment Framework (ECAF)
The Australian Prudential Regulation Authority (APRA) announced reduction in the aggregate Committed Liquidity Facility (CLF) for authorized deposit-taking entities to ~USD 33 billion on September 01, 2022.