ACPR published the draft version of RUBA taxonomy (Version 1.0.0). Along with the taxonomy, ACPR has published description and delivery notes, presentation, data point model (DPM) dictionary, annotated reports, and test instance file related to the taxonomy. RUBA taxonomy will replace the SURFI taxonomy from January 31, 2022. The comment period for the draft version of the taxonomy ends on December 04, 2020.
The draft Version 1.0.0 of RUBA taxonomy is the first version of the taxonomy using the Eurofiling architecture, which replaces the SURFI taxonomy. This first version does not include taxonomic controls, which will be added in a future version of the draft format. 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.
Related Links (in French)
Comment Due Date: December 04, 2020
Keywords: Europe, France, Banking, Taxonomy, Reporting, SURFI, RUBA, CRR, CRD IV, DPM, ACPR
Previous ArticleRBNZ Announces Further Regulatory Updates Amid Continued Crisis
HKMA announced that enhancements will be made to the Special 100% Loan Guarantee of the SME Financing Guarantee Scheme (SFGS) and the application period will be extended to December 31, 2021.
BoE has set out a three-phased plan to transform data collection from the UK financial sector over the next decade.
BIS recently made a couple of announcements with respect to the planned and ongoing work in the area of financial technology.
ESRB updated the list of national macro-prudential measures applied by each member state in the European Economic Area.
BoE has set out results of a survey on the impact of COVID-19 events on the use of machine learning and data science.
In response to a request from the European Council and Parliament, ECB published an opinion on the proposed regulation on markets in crypto-assets.
APRA announced the updated aggregate amounts for the 2021 Committed Liquidity Facility (CLF) established between the Reserve Bank of Australia (RBA) and certain locally incorporated authorized deposit-taking institutions that are subject to the Liquidity Coverage Ratio (LCR).
ECB published supervisory Memorandums of Understanding (MoUs) with UK as well as other European and non-European authorities.
EIOPA identified business model sustainability and adequate product design as the two EU-wide strategic supervisory priorities.
After considering comments received on the November 2020 proposal, US Agencies (FDIC, FED and OCC) are proceeding with the proposed revisions to the reporting forms and instructions for Call Reports FFIEC 031, FFIEC 041, and FFIEC 051.