The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting. The updated version modifies rule 1.6 to simplify the use of the filing indicator by removing the option "empty filing" indicator. This updated rule must be followed for all the submissions and resubmissions as of January 01, 2023. The update also modifies rule 3.6 to improve Consolidated/Individual information circulation and to allow for multiple consolidation levels for an entity. CON/IND is being moved from module name to reporting subjects. This change will apply as of December 31, 2022. The updated filing rules are relevant with respect to the reporting framework 3.2, which is expected to apply from September 2022 and December 2022.
These filing rules represent a collection of additional rules and guidance specifically applicable to the remittance of XBRL reports for reporting entities in scope of the relevant EBA regulations' (for example, banks) regulatory filings by relevant national and supranational authorities to EBA. The listed filing rules are influenced by the EBA Taxonomy Architecture in cases where the report creation is affected. These filing rules represent a collection of additional rules and guidance applicable to the remittance of XBRL reports for reporting entities in scope of relevant EBA regulations regulatory filings by relevant national and supranational authorities to EBA. A group of national experts review this document to clarify any misleading formulation of rules and contribute to the pan-European harmonization of the filing rules. The rules, as stated in this document, are those enforced on the second level of reporting (to EBA). In the case of supervisory authorities adopting these rules but with adaptations, for example changing preferences or guidance expressed by the EBA instead into obligations on the first level of reporting, such variations will be communicated to the reporter by the respective supervisor. Thus, guidance should be sought from the reporter’s competent authority as to their reporting format and requirements for that reporting.
Keywords: Europe, EU, Banking, Reporting, XBRL, Filing Rules, Reporting Framework 3.2, Investment Firms, EBA
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