The French Prudential Supervisory Authority (ACPR) published multiple reporting updates for the banking sector, including those related to the reporting framework 3.2, the availability of Guaranteed Bank Bonds collection, and switching to the international Legal Entity Identifier (LEI). Additionally, the Banque de France (BdF) updated document on “AnaCredit BDF Controls.”
ACPR announced that the Guaranteed Bank Bonds collection has been made available on the OneGate Test portal under the OBG domain for the period March 2023. The start of production of the Guaranteed Bank Bonds collection will be effective during the first week of April and the functional business cards have been updated for the establishments concerned. With regard to LEI, ACPR informed that the schedule for switching to the LEI for each collection and expected entry point has been made available on the e-surfi-banque website under "Technical Information". ACPR reminds that the anti-money laundering and countering the financing of terrorism (AML/CFT or LCB-FT) remittances in XBRL or excel format are expected with the LEI identifier, from the December 2022 decree. In another development, ACPR modified the Functional Business Cards of its information system to integrate the developments from Decree 03/2023 that includes review of the scope of GSII rebates and RUBA BILA_CONS and RESU_CONS rebates. ACPR further informed that the entry into force of the last phase of version 3.2 of the taxonomy—that is, the Data Point Model (DPM v.3.2) published by the European Banking Authority (EBA)—will be applicable from Order 06/2023 contrary to the date July 11, 2023, as mentioned in the Official Journal of the European Union. The evolutions related to this new version, for the modules concerned, will soon be integrated into the Functional Business Cards and a more specific communication will also be published on this occasion.
Related Links (in French and English)
Keywords: Europe, France, Banking, Reporting, LEI, AnaCredit, OneGate, Guaranteed Bank Bonds, AML CFT, Reporting Framework 3.2, DPM, RUBA, ACPR, BdF
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
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