Bundesbank Publishes Reporting Updates in April 2021
Bundesbank published the XBRL taxonomy 3.0, pursuant to the EBA implementing technical standards on supervisory reporting. The taxonomy version 3.0 contains forms with the German header information. The XBRL taxonomy 3.0 takes into account the erratum of the technical package on the phase 2 of the EBA reporting framework 3.0, which EBA published on April 08, 2021. A list of "EntryPoints" accepted in the reporting system of Bundesbank has also been published. The list provides taxonomy version and name of the module against each EntryPoint.
Bundesbank also published plausibility checks for large exposures, with validity from the reporting date of June 30, 2021, along with a set of questions and answers (Q&A) about large exposures reporting. The published Q&A address queries on obligation to report large exposure limits, provision of new master data identification numbers, handling of correction reports, and filing indicators. The set of Q&A on large exposures reporting includes only the information on which EBA has not yet made a decision in its Q&A process or information that is related to national reporting. If EBA were to make interpretation decisions on the questions addressed by Bundesbank, the given answers may change.
Related Links (in German)
- Bundesbank XBRL Taxonomy
- List of "EntryPoints" (XLSX)
- Q&A (PDF)
- Plausibility Checks (PDF)
- Reporting Updates
Keywords: Europe, Germany, Banking, Reporting, Taxonomy, Q&A, Large Exposures, Reporting Framework 3.0, Plausibility Checks, COREP, CRR, Basel, EBA, Bundesbank
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Previous Article
BOG Issues Notice on Dividend Distribution by BanksRelated Articles
BIS and Central Banks Experiment with GenAI to Assess Climate Risks
A recent report from the Bank for International Settlements (BIS) Innovation Hub details Project Gaia, a collaboration between the BIS Innovation Hub Eurosystem Center and certain central banks in Europe
Nearly 25% G-SIBs Commit to Adopting TNFD Nature-Related Disclosures
Nature-related risks are increasing in severity and frequency, affecting businesses, capital providers, financial systems, and economies.
Singapore to Mandate Climate Disclosures from FY2025
Singapore recently took a significant step toward turning climate ambition into action, with the introduction of mandatory climate-related disclosures for listed and large non-listed companies
SEC Finalizes Climate-Related Disclosures Rule
The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited rule that mandates climate-related disclosures for domestic and foreign publicly listed companies in the U.S.
EBA Proposes Standards Related to Standardized Credit Risk Approach
The European Banking Authority (EBA) has been taking significant steps toward implementing the Basel III framework and strengthening the regulatory framework for credit institutions in the EU
US Regulators Release Stress Test Scenarios for Banks
The U.S. regulators recently released baseline and severely adverse scenarios, along with other details, for stress testing the banks in 2024. The relevant U.S. banking regulators are the Federal Reserve Bank (FED), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC).
Asian Governments Aim for Interoperability in AI Governance Frameworks
The regulatory landscape for artificial intelligence (AI), including the generative kind, is evolving rapidly, with governments and regulators aiming to address the challenges and opportunities presented by this transformative technology.
EBA Proposes Operational Risk Standards Under Final Basel III Package
The European Union (EU) has been working on the final elements of Basel III standards, with endorsement of the Banking Package and the publication of the European Banking Authority (EBA) roadmap on Basel III implementation in December 2023.
EFRAG Proposes XBRL Taxonomy and Standard for Listed SMEs Under ESRS
The European Financial Reporting Advisory Group (EFRAG), which plays a crucial role in shaping corporate reporting standards in European Union (EU), is seeking comments, until May 21, 2024, on the Exposure Draft ESRS for listed SMEs.
ECB to Expand Climate Change Work in 2024-2025
Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.