EBA Publishes Technical Package for Phase 2 of Reporting Framework 3.1
EBA published a technical package for phase 2 of the reporting framework 3.1. The package incorporates the new reporting requirements, including those resulting from investment firms regime and from amendments to the supervisory benchmarking and the resolution planning frameworks. The technical package supports implementation of this reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM), and the XBRL taxonomies. The DPM Query Tool has also been updated to reflect the current release. The reporting framework 3.1 is expected to apply from September 2021.
The EBA reporting framework 3.1 includes the following new and amended reporting requirements:
- New reporting requirements for investment firms (cover the implementing technical standards on investment firms reporting and disclosure and the regulatory technical standards on reporting of thresholds for investment firms)
- Changes to resolution planning reporting
- Changes to the implementing technical standards on supervisory benchmarking
Related Links
- Press Release
- Validation Rules (XLSX)
- DPM Query Tool (ZIP)
- Reporting Framework 3.1
- Technical Package for 2022 Benchmarking Exercise
Keywords: Europe, EU, Banking, Basel, Reporting, Reporting Framework 3.1, IFR, Investment Firms, Resolution Planning, Resolution Framework, Supervisory Benchmarking, EBA
Featured Experts

Emil Lopez
Credit risk modeling advisor; IFRS 9 researcher; data quality and risk reporting manager

Karen Moss
Senior practitioner in asset and liability management (ALM) and liquidity risk who assists banking clients in advancing their treasury and balance sheet management objectives

James Partridge
Credit analytics expert helping clients understand, develop, and implement credit models for origination, monitoring, and regulatory reporting.
Related Articles
US Agencies Issue Several Regulatory and Reporting Updates
The Board of Governors of the Federal Reserve System (FED) adopted the final rule on Adjustable Interest Rate (LIBOR) Act.
ECB Issues Multiple Reports and Regulatory Updates for Banks
The European Central Bank (ECB) published an updated list of supervised entities, a report on the supervision of less significant institutions (LSIs), a statement on macro-prudential policy.
HKMA Keeps List of D-SIBs Unchanged, Makes Other Announcements
The Hong Kong Monetary Authority (HKMA) published a circular on the prudential treatment of crypto-asset exposures, an update on the status of transition to new interest rate benchmarks.
EU Issues FAQs on Taxonomy Regulation, Rules Under CRD, FICOD and SFDR
The European Commission (EC) adopted the standards addressing supervisory reporting of risk concentrations and intra-group transactions, benchmarking of internal approaches, and authorization of credit institutions.
CBIRC Revises Measures on Corporate Governance Supervision
The China Banking and Insurance Regulatory Commission (CBIRC) issued rules to manage the risk of off-balance sheet business of commercial banks and rules on corporate governance of financial institutions.
HKMA Publications Address Sustainability Issues in Financial Sector
The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.
EBA Updates Address Basel and NPL Requirements for Banks
The European Banking Authority (EBA) published regulatory standards on identification of a group of connected clients (GCC) as well as updated the lists of identified financial conglomerates.
ESMA Publishes 2022 ESEF XBRL Taxonomy and Conformance Suite
The General Board of the European Systemic Risk Board (ESRB), at its December meeting, issued an updated risk assessment via the quarterly risk dashboard and held discussions on key policy priorities to address the systemic risks in the European Union.
FCA Sets up ESG Committee, Imposes Penalties, and Issues Other Updates
The Financial Conduct Authority (FCA) is seeking comments, until December 21, 2022, on the draft guidance for firms to support existing mortgage borrowers.
FSB Reports Assess NBFI Sector and Progress on LIBOR Transition
The Financial Stability Board (FSB) published a report that assesses progress on the transition from the Interbank Offered Rates, or IBORs, to overnight risk-free rates as well as a report that assesses global trends in the non-bank financial intermediation (NBFI) sector.