Featured Product

    BoE Publishes Draft of Version 1.1.0 of Form AS/FV Taxonomy

    December 02, 2019

    BoE announced, via the Statistical Notice 2019/06, that it has published a public working draft of version 1.1.0 of the taxonomy for Form AS (MFI holdings of securities collection)/Form FV (Financial Vehicle Corporations return), alongside the related technical artefacts and a change log. Feedback is requested by December 13, 2019. BoE aims to publish the final version of the updated AS/FV XBRL taxonomy in early 2020. It is envisioned that the new taxonomy will come into effect from first quarter of 2020 (reporting of which is deferred until summer 2020).

    The taxonomy, data point model (DPM) dictionary, annotated templates, and validation rules have been updated to fix a number of bugs identified in the original taxonomy and to make reporting more robust. Many of the validations have been updated and changed from non-blocking to blocking and several optional URI fields have been added. The full list of changes can be found in the change log. 

    Additionally, the Statistical Notice highlighted that the collection of Form VP has been discontinued with immediate effect, following a consultation. The December 2019 submission is no longer required. Form VP was being used to collect data on UK monetary financial institutions’ securitization special purpose vehicles (SPVs) and covered bond limited liability partnerships (LLPs). The Securitization SPV and Covered Bond LLP lists will no longer be updated, but the current lists will continue to be accessible on the website.

     

    Related Links

    Comment Due Date: December 13, 2019

    Effective Date: First Quarter of 2020

    Keywords: Europe, UK, Banking, Securities, Reporting, Statistical Notice, Data Collection, Securitization, Form AS, Form FV, Form VP, Taxonomy, DPM, Validation Rules, BoE

    Related Articles
    News

    APRA Decides to Standardize Submission Date for Quarterly Reporting

    APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.

    May 11, 2021 WebPage Regulatory News
    News

    Bundesbank Publishes Supporting Documentation for Reporting by Banks

    Bundesbank published a list of "EntryPoints" that are accepted in its reporting system; the list provides taxonomy version and name of the module against each EntryPoint.

    May 11, 2021 WebPage Regulatory News
    News

    ECB Working Group Publishes Recommendations on EURIBOR Fallbacks

    The private sector working group of ECB on euro risk-free rates published the recommendations to address events that would trigger fallbacks in the Euro Interbank Offered Rate (EURIBOR)-related contracts, along with the €STR-based EURIBOR fallback rates (rates that could be used if a fallback is triggered).

    May 11, 2021 WebPage Regulatory News
    News

    EBA Publishes Phase 1 of Reporting Framework 3.1

    EBA published the phase 1 of its reporting framework 3.1, with the technical package covering the new reporting requirements for investment firms (under the implementing technical standards on investment firms reporting).

    May 10, 2021 WebPage Regulatory News
    News

    APRA to Finalize Capital Adequacy Standard Revisions by January 2022

    Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA

    May 10, 2021 WebPage Regulatory News
    News

    ESMA Issues Guidelines on Outsourcing to Cloud Service Providers

    ESMA published the final guidelines on outsourcing to cloud service providers.

    May 10, 2021 WebPage Regulatory News
    News

    EBA Publishes Data on Deposit Guarantee Schemes

    EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.

    May 10, 2021 WebPage Regulatory News
    News

    OSFI Sets Out Plan for Future Guidance on Managing Technology Risk

    OSFI has set out the schedule for release of draft guidance on the management of technology risks by federally regulated financial institutions and private pension plans.

    May 10, 2021 WebPage Regulatory News
    News

    MAS Updates Housing Loan Rules, Proposes Corporate Governance Guidance

    MAS updated rules for new housing loans by banks and finance companies.

    May 10, 2021 WebPage Regulatory News
    News

    HKMA Publishes Guideline on Sustainable Finance Grant Scheme

    HKMA published a statement on the 100% Personal Loan Guarantee Scheme and a guideline on the Green and Sustainable Finance Grant Scheme (GSF Grant Scheme) as announced in the 2021-22 Budget.

    May 09, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6959