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
Previous ArticleBOG Issues Notice on Dividend Distribution by 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).
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.
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.
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.
Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.
The use cases of generative AI in the banking sector are evolving fast, with many institutions adopting the technology to enhance customer service and operational efficiency.
As part of the increasing regulatory focus on operational resilience, cyber risk stress testing is also becoming a crucial aspect of ensuring bank resilience in the face of cyber threats.
A few years down the road from the last global financial crisis, regulators are still issuing rules and monitoring banks to ensure that they comply with the regulations.
The European Commission (EC) recently issued an update informing that the European Council and the Parliament have endorsed the Banking Package implementing the final elements of Basel III standards
The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.