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    EBA Publishes Technical Package for Phase 2 of Reporting Framework 3.1

    July 07, 2021

    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

     

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    Keywords: Europe, EU, Banking, Basel, Reporting, Reporting Framework 3.1, IFR, Investment Firms, Resolution Planning, Resolution Framework, Supervisory Benchmarking, EBA

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