ACPR published Version 1.0.0 of the RUBA taxonomy, which will come into force from the decree of January 31, 2022. Along with the taxonomy, ACPR has published description and delivery notes, presentation, data point model (DPM) dictionary, annotated reports, taxonomy controls, and test instance file related to the taxonomy. RUBA taxonomy will replace the SURFI taxonomy from January 31, 2022. Version 1.0.0 of the RUBA taxonomy is the first version of the taxonomy using the Eurofiling architecture, which replaces the SURFI taxonomy. RUBA taxonomy applies to the banking sector and has an architecture and structure similar to that of the Capital Requirements Regulation (CRR)/Capital Requirements Directive (CRD) IV taxonomies from EBA and Solvency II taxonomy from EIOPA. In addition, ACPR published the list of branches of credit institutions from third countries established in France and Monaco adhering to the French deposit guarantee mechanism.
Related Links (in French)
- Press Release on RUBA Taxonomy
- Taxonomy and Related Documents
- List of Branches of Credit Institutions (PDF)
Keywords: Europe, France, Banking, Taxonomy, Reporting, SURFI, RUBA, CRR, CRD IV, DPM, Deposit Guarantee Mechanism, ACPR
Previous ArticleUK Government to Set Out Rules on Wind-down of Critical Benchmarks
The Office of the Superintendent of Financial Institutions (OSFI) published an update on the discussion paper that intended to engage federally regulated financial institutions and other interested stakeholders in a dialog with OSFI, to proactively enhance and align assurance expectations over key regulatory returns.
The European Commission (EC) published a report summarizing responses to the targeted consultation on the supervisory convergence and the single rulebook in the European Union (EU).
The European Central Bank (ECB) published its opinion on a proposal for a regulation on European green bonds, following a request from the European Parliament.
The Advisory Scientific Committee (ASC) of the European Systemic Risk Board (ESRB) published a report that explores the expected impact of digitalization on provision of financial and banking services, and proposes policy measures to address the risks stemming from digitalization.
The Hong Kong Monetary Authority (HKMA) is consulting on the draft Financial Institutions (Resolution) Ordinance (Cap. 628), or FIRO, Code of Practice chapter on liquidity and funding in resolution, until March 14, 2022.
The Swedish Financial Supervisory Authority (FI) announced that the capital adequacy reporting as at December 31, 2021 must be done by February 11, 2022.
The European Banking Authority (EBA) announced that the guidelines on the reporting and disclosure of exposures subject to measures COVID-relief measures shall continue to apply until further notice.
The Central Bank of the Philippines (BSP) issued communications covering developments related to online lending platforms, open finance framework and roadmap, and on the expected regulations in the area sustainable finance.
The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.
The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).