Featured Product

    BoE Publishes Draft and Corrective Versions of Banking XBRL Taxonomy

    September 24, 2019

    BoE published a public working draft of Version 3.3.0 of the banking XBRL taxonomy, along with the related technical artefacts. This version of the taxonomy is intended to support collection of Capital+ and ring-fencing reporting information. BoE is inviting feedback, particularly from firms and software vendors, on the working draft of the taxonomy and data point model (DPM) artefacts by October 07, 2019. BoE aims to publish the updated banking XBRL taxonomy by the end of January 2020. Additionally, BoE published Version 3.2.1 of the banking XBRL taxonomy as a corrective release for all entry points, rectifying a compatibility issue in Version 3.2.0.

    Public working draft of Version 3.3.0 of the banking XBRL taxonomyThe taxonomy, DPM dictionary, annotated templates, and validation rules represent the requirements for the policy statement PS16/19 on regulatory reporting related to EBA Taxonomy 2.9. The working draft of the taxonomy is aligned to the EBA Taxonomy 2.9. In cases of minor discrepancies compared to the templates in the PRA Rulebook, BoE will consult on making the corresponding amendments to the PRA Rulebook templates at a later date. Within Taxonomy 2.9, EBA has moved to two severity statuses for validation rulesnamely, error and warning. This is reflected in the working draft of the banking taxonomy Version 3.3.0. BoE has also made cosmetic changes to the Capital+ and ring-fencing annotated templates, to bring consistency across the banking taxonomy.

    Version 3.2.1 of the banking XBRL taxonomyThis version of the taxonomy, DPM dictionary, annotated templates, and validation rules covers requirements for Pillar 2 liquidity PRA110 reporting, as set out in the policy statement PS13/19 on Pillar 2 liquidity. Version 3.2.0 of the banking XBRL taxonomy has been withdrawn and must not be used for reporting. Version 3.2.1 incorporates minor amendments to the Pillar 2 liquidity annotated templates. This is to identify changes that were made in Version 3.2.0 of the banking taxonomy but not highlighted in the annotated templates. Details of the changes can be found in the banking taxonomy release note. 

     

    Related Links

    Comment Due Date: October 07, 2019

    Keywords: Europe, UK, Banking, Reporting, Version 3.2.1, PRA 110, Pillar 2, Liquidity Risk, Taxonomy 2.9, Capital +, Ring Fencing, Version 3.3.0, BoE

    Featured Experts
    Related Articles
    News

    EC to Defer Application of SFDR Standards Till July 2022

    The European Commission (EC) announced plans to defer the application of 13 regulatory technical standards under the Sustainable Finance Disclosure Regulation (2019/2088) by six months, from January 01, 2022 to July 01, 2022.

    July 23, 2021 WebPage Regulatory News
    News

    BoE Consults on Approach to Setting MREL, Publishes Bail-In Guidance

    The Bank of England (BoE) published a consultation paper on approach to setting minimum requirement for own funds and eligible liabilities (MREL), an operational guide on executing bail-in, and a statement from the Deputy Governor Dave Ramsden.

    July 22, 2021 WebPage Regulatory News
    News

    EBA Seeks Views on Proportionality Assessment Methodology

    The European Banking Authority (EBA) is seeking preliminary input on standardization of the proportionality assessment methodology for credit institutions and investment firms.

    July 22, 2021 WebPage Regulatory News
    News

    US Agencies Propose Changes to Call Reports and Instructions

    Certain regulatory authorities in the US are extending period for completion of the review of certain residential mortgage provisions and for publication of notice disclosing the determination of this review until December 20, 2021.

    July 22, 2021 WebPage Regulatory News
    News

    PRA Finalizes Rulebook Definition of Higher Paid Material Risk-Taker

    The Prudential Regulation Authority (PRA) published the policy statement PS18/21, which introduces an amendment in the definition of "higher paid material risk taker" in the Remuneration Part of the PRA Rulebook.

    July 21, 2021 WebPage Regulatory News
    News

    EBA Examines Asset Encumbrance in Banking Sector

    The European Banking Authority (EBA) published its annual report on asset encumbrance in banking sector.

    July 21, 2021 WebPage Regulatory News
    News

    EBA Publishes Methodological Guide to Mystery Shopping

    The European Banking Authority (EBA) published a methodological guide to mystery shopping.

    July 21, 2021 WebPage Regulatory News
    News

    APRA Issues Update on Capital Reform Policy Settings for Banks

    The Australian Prudential Regulation Authority (APRA) released a letter to authorized deposit-taking institutions to provide an update on key policy settings for the capital framework reforms, which will come into effect from January 01, 2023.

    July 21, 2021 WebPage Regulatory News
    News

    CPMI-IOSCO Assess Continuity Planning of Market Infrastructures

    The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a report that assesses the business continuity planning activities of financial market infrastructures or FMIs.

    July 21, 2021 WebPage Regulatory News
    News

    ESMA Responds to Proposal Related to Sustainability Standards Board

    The European Securities and Markets Authority (ESMA) has responded to the IFRS consultation on targeted amendments to the IFRS Foundation constitution to accommodate an International Sustainability Standards Board (ISSB) to set IFRS Sustainability Standards.

    July 21, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7283