Featured Product

    DNB Publishes Several Reporting Updates for Banks

    November 16, 2021

    DNB, the central bank of Netherlands, published several reporting updates, along with an updated list of the additional data requests for banks. The updated and new data requests, which have been highlighted with the word "UPDATE" or “NEW” in red, include semi-recurring as well as ad hoc data requests to banks from DNB and European agencies. DNB announced that, as of October 01, the fundamental review of the trading book (FRTB) reporting obligations (part of DPM 3.0) have been made available in Digital Reporting Portal (or DLR) for submission in XBRL. These are quarterly reports with the third quarter of 2021 as the first reference period and the same deadline as the Capital Requirements Directive (CRD IV) reports.

    DNB announced that a new version of the file "Required templates and filing indicators" has been made available. In the new version, DNB has indicated the templates that are mandatory, not allowed, or optional and with which value a filing indicator should be included in the XBRL report. This version applies to the Data Point Model (DPM) 3.1 and is valid from reference period September 2021 onward. This version includes addition of new templates in Supervisory Benchmarking Portfolio Initial Market Valuation (SBP IMV) and Supervisory Benchmarking Portfolio Risk Measures (SBP RM) modules. This version also includes changes to NSFR, REM BM, REM HE, and COREP FRTB modules. DNB has also updated the earlier version of “Required templates and filing indicators” for DPM 3.0. The update includes the correction of second-level completeness check for COREP FRTB. Additional key reporting updates are as follows:

    • DNB has published additional data quality checks related to reference period December 2021 (run from January 01, 2022).
    • DNB notified that Supervisory Fees reporting obligation has been available in DLR as of November 02, 2021 for the banks and branches that must submit a separate report. The report was to be submitted by November 11, 2021.
    • DNB has started a process to optimize the validation of XBRL reports via DLR to provide the reporting institutions faster feedback on the validation results. As a first step, from October 22, 2021 to November 23, 2021, an XML file will be provided in the DLR, in addition to the validation report in Excel and the separate log files with notifications on validation rules and filing rules. The XML file serves as a replacement for the log files and will contain all notifications on validation rules and filing rules. Afterward, the separate log files with the notifications on validation will no longer be offered in the DLR. With effect from October 22, 2021, both an XML file and a txt file containing all validation results will be made available in the DLR for the validation of the auditor's report.

     

    Related Links

    Keywords: Europe, Netherlands, Banking, Reporting, DPM 3.0, DPM 3.1, XBRL, COREP, CRD IV, Basel, DLR, FRTB, Market Risk, Data Quality Checks, Validation Rules, DNB 

    Featured Experts
    Related Articles
    News

    APRA Penalizes Heritage Bank for Incorrect Reporting of Capital

    The Australian Prudential Regulation Authority (APRA) found that Heritage Bank Limited had incorrectly reported capital because of weaknesses in operational risk and compliance frameworks, although the bank did not breach minimum prudential capital ratios at any point and remains well-capitalized.

    November 29, 2021 WebPage Regulatory News
    News

    OSFI Releases Annual Report 2021-2022

    The Office of the Superintendent of Financial Institutions (OSFI) released the annual report for 2020-2021.

    November 29, 2021 WebPage Regulatory News
    News

    APRA Finalizes Guidance on Management of Climate Change Risks

    The Australian Prudential Regulation Authority (APRA) released the final Prudential Practice Guide on management of climate change financial risks (CPG 229) for banks, insurers, and superannuation trustees.

    November 26, 2021 WebPage Regulatory News
    News

    EBA Publishes Single Rulebook Q&A Updates in November 2021

    The European Banking Authority (EBA) Single Rulebook Question and Answer (Q&A) tool updates for this month include answers to 10 questions.

    November 26, 2021 WebPage Regulatory News
    News

    EC Proposes New Measures Under Capital Markets Union Package

    The European Commission (EC) has adopted a package of measures related to the Capital Markets Union.

    November 25, 2021 WebPage Regulatory News
    News

    European Council Adopts Position on Digital Finance Package Proposals

    The European Council adopted its position on two proposals that are part of the digital finance package adopted by the European Commission in September 2020, with one of the proposals involving the regulation on markets in crypto-assets (MiCA) and the other involving the Digital Operational Resilience Act (DORA).

    November 25, 2021 WebPage Regulatory News
    News

    PRA Proposes Rulebook Changes; BoE Extends BEEDS Testing Window

    The Prudential Regulation Authority (PRA) is proposing, via the consultation paper CP21/21, to apply group provisions in the Operational Resilience Part of the PRA Rulebook (relevant for the Capital Requirements Regulation or CRR firms) to holding companies.

    November 25, 2021 WebPage Regulatory News
    News

    FED Outlines Lending Conditions and Supervisory Activities in H1 2021

    The Board of Governors of the Federal Reserve System (FED) published a report that summarizes banking conditions in the United States, along with the supervisory and regulatory activities of FED.

    November 24, 2021 WebPage Regulatory News
    News

    EBA Publishes Standards to Calculate Risk-Weights of CIUs Under CRR

    The European Banking Authority (EBA) published the final report on draft regulatory technical standards for the calculation of risk-weighted exposure amounts of collective investment undertakings or CIUs, in line with the Capital Requirements Regulation (CRR).

    November 24, 2021 WebPage Regulatory News
    News

    APRA Expects Boards to Strengthen Ability to Oversee Cyber Resilience

    The Australian Prudential Regulation Authority (APRA) recently completed two pilot initiatives in its 2020-2024 Cyber Security Strategy, which was published in November 2020.

    November 23, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7736