FIN-FSA New Reporting Workbooks for COREP OF, FINREP9, and Solvency II
FIN-FSA has made available version 16.1.11 of Reporting Application (XBRL/XML) workbooks for COREP OF, FINREP9, and Solvency II data collections. These workbooks are available for downloaded in the "Jakelu Distribution Service."
Minor errors in the workbooks have been corrected in the new version of the Reporting Application workbooks:
- The Reporting Application’s COREP OF workbooks had an error in the formula cells. New workbooks have been released for Data Point Model (DPM) version 2.8.1.1
- The Reporting Application’s FINREP9 workbooks included incorrectly active validation rules related to the generally accepted accounting principles (GAAP) module. New workbooks have been released for DPM versions 2.8.1.1 and 2.7.0.1
- The Reporting Application’s workbooks take into account EIOPA’s DPM 2.3.0 version’s updated validation rules
- Translations of Solvency II data collection have been updated to reflect changes in DPM 2.3.0
- New workbooks have been released for DPM version 2.3.0
Related Link: Press Release
Keywords: Europe, Finland, Banking, Insurance, Reporting, COREP, FINREP, DPM, Solvency II, Validation Rules, Workbook, EBA, EIOPA, FIN-FSA
Featured Experts
David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Paul McCarney
Insurance product strategist; insurance domain expert; extensive experience developing risk assessment frameworks for insurers
Brian Robinson
Actuary; risk management specialist; corporate and capital modelling expert
Previous Article
PRA Updates Q&A for PRA110 Reporting Template and InstructionsRelated Articles
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.
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.
BIS Bulletin Examines Cognitive Limits of Large Language Models
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.
ECB is Conducting First Cyber Risk Stress Test for Banks
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.
EBA Continues Momentum Toward Strengthening Prudential Rules for Banks
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.
EU and UK Agencies Issue Updates on Final Basel III Rules
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