Featured Product

    PRA Publishes Draft Version 3.5.0 of Banking XBRL Taxonomy

    September 06, 2021

    The Prudential Regulation Authority (PRA) published a public working draft of Version 3.5.0 of the banking XBRL taxonomy, along with the related technical artefacts. This version of the taxonomy is intended to support the collection of leverage ratio reporting. The published taxonomy, data point model (DPM) dictionary, annotated templates, and validation rules represent requirements within the consultation paper CP14/21 on changes to the UK leverage ratio framework. PRA is inviting feedback from firms and software vendors by September 24, 2021. This public working draft should not be used for reporting, as PRA aims to publish the final version of the taxonomy and DPM in early November 2021.

    This taxonomy is aligned to the European Banking Authority (EBA) Taxonomy 3.0 Phase 1 and PRA will adopt the EBA filing rules as published on the EBA website. The release notes specify the changed entry points, which include addition of the leverage ratio entry point label. The notes state that the entry point code used in the public working draft is a placeholder and will likely be replaced for the final taxonomy publication. A sample file for each entry point in the taxonomy has been provided for illustration purposes. The files contain random data that should not be assumed to comply with ("obey") the validation rules, EBA filing rules, or any other technical or business requirements for valid reporting.


    Related Links

    Comment Due Date: September 24, 2021

    Keywords: Europe, UK, Banking, Reporting, DPM, Taxonomy, Version 3.5.0, Leverage Ratio, Validation Rules, Basel, Taxonomy 3.0, EBA, PRA

    Featured Experts
    Related Articles

    EBA Clarifies Use of COVID-19-Impacted Data for IRB Credit Risk Models

    The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.

    June 21, 2022 WebPage Regulatory News

    BIS Hub Updates Work Program for 2022, Announces New Projects

    The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.

    June 17, 2022 WebPage Regulatory News

    US Senate Members Seek Details on SEC Proposed Climate Disclosure Rule

    Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)

    June 16, 2022 WebPage Regulatory News

    EIOPA Consults on Review of Securitization Framework in Solvency II

    The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.

    June 16, 2022 WebPage Regulatory News

    UK Authorities Issue Regulatory and Reporting Updates for Banks

    The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.

    June 15, 2022 WebPage Regulatory News

    BaFin Consults on Resolvability Requirements for Resolution Planning

    The Federal Financial Supervisory Authority of Germany (BaFin) proposed to amend the “Capital Investment Conduct And Organization Ordinance” and issued a draft circular on the minimum resolvability requirements for resolution planning.

    June 10, 2022 WebPage Regulatory News

    EBA Consults on Certain Standards and Guidelines Under CRR and BRRD

    The European Banking Authority (EBA) proposed guidelines, for the resolution authorities, on the publication of the write-down and conversion and bail-in exchange mechanic, with the comment period ending on September 07, 2022.

    June 08, 2022 WebPage Regulatory News

    OJK Publishes Regulatory Updates for Financial Sector Entities

    The Financial Services Authority of Indonesia (OJK) is strengthening cooperation with the Australian Prudential Regulation Authority (APRA) and the Japanese Financial Services Agency (JFSA)

    June 03, 2022 WebPage Regulatory News

    EU Publishes Rules on DLT and Data Governance

    The European Parliament and the Council published Regulation 2022/868 on European data governance (Data Governance Act).

    June 03, 2022 WebPage Regulatory News

    EBA Publishes Phase 2 of Reporting Framework 3.2

    The European Banking Authority (EBA) published phase 2 of its reporting framework 3.2. The technical package supports the implementation of the updated reporting framework by providing standard specifications

    June 03, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8267