EBA published a corrective update to the XBRL taxonomy Version 2.8. This update replaces the previously published 2.8 Data Point Model (DPM) and XBRL taxonomy (with the respective updated versions being v188.8.131.52); it corrects various implementation errors in the previously published XBRL formula and in the data model for several tables for Prudent Valuation in COREP. It also includes additional changes to the validation rules and a change to a resolution template. Competent authorities shall use this for the remittance of data under the implementing technical standards for data submitted from the December 31, 2018 reference date onward.
The main changes compared to the previous version of the EBA reporting framework relate to the following:
- New reporting requirements with regard to prudent valuation (COREP)
- Changes to existing reporting requirements regarding the information on the credit risk, securitizations, and Pillar 2
- Changed reporting requirements as specified in the implementing technical standards on supervisory benchmarking of internal models
- New reporting requirements as specified in the implementing technical standards on resolution reporting, which were published in April 2018
Keywords: Europe, EU, Banking, Reporting, Taxonomy, DPM, Validation Rules, EBA
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