BOT published, in accordance with the accounting standard TFRS 9, Version 2.2 of “Financial Institution Data Set Manual” and Version 19.3 of "DMS Classification Document," which will be effective from January 2020. BOT also published XML Schema related to TFRS 9 for Thai commercial banks, foreign bank branches, finance companies, and credit foncier companies. The schema will be effective from January 2020.
The financial institution data set manual provides validation rules and information on the data sets to be submitted to BOT for the Data Management System project. Most of the existing data submissions to BOT will be replaced by these data sets. The data sets will be based on the industry open standard XML format and will be electronically submitted to BOT via the BOT Electronic Report Submission system. The manual is divided into three sections—schema validation, data set validation, and cross validation. The financial institution data set manual (Version 2.2) is designed to be used with “Financial Institution Data Set Document" (Version 2.1) and "DMS Classification Document" (Version 19.3).
Related Links (in Thai)
- Financial Institution Data Set Manual, Version 2.2 (ZIP)
- DMS Classification, Version 19.3 (ZIP)
- FinanciaI Institution Data Set Document, Version 2.1 (ZIP)
- Financial Data Set
Effective Date: January 2020
Keywords: Asia Pacific, Thailand, Banking, Reporting, XML, Schema, TFRS 9, Validation Rules, IFRS 9, BOT
Previous ArticleBoE Details Transparency Requirements for Asset-Backed Securities
BIS Innovation Hub published the work program for 2021, with focus on suptech and regtech, next-generation financial market infrastructure, central bank digital currencies, open finance, green finance, and cyber security.
In an article published by SRB, Mairead McGuinness, the European Commissioner for Financial Services, Financial Stability, and Capital Markets Union, discussed the progress and next steps toward completion of the Banking Union.
EBA finalized the two sets of draft regulatory technical standards on the identification of material risk-takers and on the classes of instruments used for remuneration under the Investment Firms Directive (IFD).
EC published, in the Official Journal of the European Union, a notification that the European Court of Auditors (ECA) has published a special report on resolution planning in the Single Resolution Mechanism.
BoE published a scenario against which it will be stress testing banks in 2021, in addition to setting out the key elements of the 2021 stress test, guidance on the 2021 stress test, and the variable paths for the 2021 stress test.
PRA published a consultation paper (CP3/21) proposes rules regarding the timing of identity verification required for eligibility of depositor protection under the Financial Services Compensation Scheme (FSCS).
FSB published the work program for 2021, which reflects a strategic shift in priorities in the COVID-19 environment.
FCA announced that 50% firms have started using the new data collection platform RegData, which is slated to replace the existing platform known Gabriel.
Bundesbank published Version 5.0 of the derivation rules for completeness check at the form level, with respect to the data quality of the European harmonized reporting system.
FED finalized a rule that updates capital planning requirements to reflect the new framework from 2019 that sorts large banks into categories, with requirements that are tailored to the risks of each category.