ACPR announced that Version 4.0.0 of the supervisory financial reporting data point (SFRDP) taxonomy has been deployed in the OneGate and SURFI applications. This version of taxonomy has been published by ECB and becomes applicable on June 30, 2020. The taxonomy has been deployed in the applications in a certification environment, except for the entry point “finrep9_ind_gaap_dp,” which will be implemented at the beginning of August. The taxonomy has been deployed in the production environment for all SFRDP entry points. In June 2020, ACPR had also implemented, in its information system, the updates linked to version 2.9.1 of the taxonomy for FINREP reporting.
On June 23, 2020, ECB had published version 4.0.0 of the SFRDP taxonomy package to be used by national competent authorities when submitting supervisory financial reporting data points to ECB, in accordance with the Regulation 2020/605 on supervisory financial information. Along with the taxonomy package, ECB also published release notes, templates, XBRL filing information, and validation rules. Version 4.0.0 of the ECB SFRDP XBRL taxonomy is an extension of the FINREP (FINREP 9) EBA XBRL taxonomy that is included in the EBA 2.8 framework release.
Keywords: Europe, France, Banking, Reporting, Taxonomy, SFRDP Taxonomy, Taxonomy 2.9.1, FINREP, Taxonomy 2.8, ECB, ACPR
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
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