EBA published an erratum for the technical package on the reporting framework 3.0.1. The aim is to mainly correct data type of two metrics and to modify the domain of the securitization internal code (SIC) dimension. The impacted modules are related to own funds (COREP OF) and large exposures (COREP LE). In this context, EBA has updated the Data Point Model (DPM) database, DPM dictionary, DPM table layout and data point categorization, XBRL taxonomy files and supporting documentation, and taxonomy package and sample files.
The EBA reporting framework 3.0 comprises amendments linked to the revised Capital Requirements Directive and Regulations (CRR2 and CRD5), the revised Bank Resolution and Recovery Directive (BRRD2), and the Investment Firms Regulation (IFR). This version of the reporting framework is expected to apply from June 30, 2021. The main changes compared to the previous version of the EBA reporting framework relate to the following:
- New implementing technical standards on supervisory reporting replacing Regulation 680/2014, including new reporting requirements and changes to the reporting on own funds (including backstop for non-performing exposures), credit risk and counterparty credit risk, large exposures, leverage ratio, net stable funding ratio, FINREP, and global systemically important institution (G-SII) indicators
- New implementing technical standards on specific reporting requirements for market risk (Fundamental Review of the Trading Book or FRTB reporting) (first reference date: September 30, 2021)
- New implementing technical standards on disclosure and reporting on minimum requirement for own funds and eligible liabilities (MREL) and the total loss-absorbing capacity (TLAC)
- Technical package for the implementing technical standards for the notification of impracticability of contractual recognition of the bail‐in clause
- Technical package for the implementing technical standards on reporting decisions on MREL
Keywords: Europe, EU, Banking, Reporting, Basel, CRR2, Reporting Framework 3.0, Reporting Framework 3.0.1, DPM, Taxonomy, IFR, COREP, Own Funds, Large Exposures, FINREP, Investment Firms, FRTB, EBA
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