Featured Product

    EBA Publishes Phase 2 of Reporting Framework 3.2

    June 03, 2022

    The European Banking Authority (EBA) published phase 2 of its reporting framework 3.2. The technical package supports the implementation of the updated reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM), and the XBRL taxonomies for version 3.2. The DPM Query Tool has also been updated to reflect the current release.

    The technical package under phase 2 of reporting framework 3.2 supports the amendments to supervisory benchmarking and resolution reporting, with reference dates as of September 2022 and December 2022 respectively. The package also includes some technical amendments on minimum requirement for own funds and eligible liabilities (MREL) and funding plans reporting, and updates for the reporting of one single module covering the consolidated/individual and IFRS/GAAP old approach. The EBA reporting framework release 3.2 includes the following amended reporting requirements:

    • Changes to Own Funds in response to regulatory technical standards on software, to securitizations to align with the Capital Market Recovery Package in response to the COVID-19 crisis, and to other technical amendments
    • Changes to additional liquidity monitoring metrics (ALMM), including new proportionality measures for small and non-complex institutions
    • Amendments to the DPM and validation rules of the net stable funding ratio (NSFR)
    • Changes to asset encumbrance, including a revision of the definition of the asset encumbrance level and further proportionality measures
    • Extension of scope and amendments to the DPM and validation rules with respect to global systemically important institutions
    • Annual update and minor amendments to the technical package on supervisory benchmarking
    • New and amended reporting requirements for investment firms and credit institutions
    • New regulatory technical standards on reporting for threshold monitoring purposes; expected first reference date of technical standards is June 2022

     

    Related Links

     

    Keywords: Europe, EU, Banking, Reporting, Basel, Reporting Framework 3.2, COREP, Supervisory Benchmarking, Validation Rules, DPM, Resolution Framework, Investment Firms, EBA

    Featured Experts
    Related Articles
    News

    BOE Sets Out Its Thinking on Regulatory Capital and Climate Risks

    The Bank of England (BOE) published a working paper that aims to understand the climate-related disclosures of UK financial institutions.

    March 13, 2023 WebPage Regulatory News
    News

    OSFI Finalizes on Climate Risk Guideline, Issues Other Updates

    The Office of the Superintendent of Financial Institutions (OSFI) is seeking comments, until May 31, 2023, on the draft guideline on culture and behavior risk, with final guideline expected by the end of 2023.

    March 12, 2023 WebPage Regulatory News
    News

    BIS Paper Examines Impact of Greenhouse Gas Emissions on Lending

    BIS issued a paper that investigates the effect of the greenhouse gas, or GHG, emissions of firms on bank loans using bank–firm matched data of Japanese listed firms from 2006 to 2018.

    March 03, 2023 WebPage Regulatory News
    News

    HMT Mulls Alignment of Ring-Fencing and Resolution Regimes for Banks

    The HM Treasury (HMT) is seeking evidence, until May 07, 2023, on practicalities of aligning the ring-fencing and the banking resolution regimes for banks.

    March 02, 2023 WebPage Regulatory News
    News

    BCBS Report Examines Impact of Basel III Framework for Banks

    The Basel Committee on Banking Supervision (BCBS) published results of the Basel III monitoring exercise based on the June 30, 2022 data.

    February 28, 2023 WebPage Regulatory News
    News

    PRA Consults on Prudential Rules for "Simpler-Regime" Firms

    Among the recent regulatory updates from UK authorities, a key development is the first-phase consultation, from the Prudential Regulation Authority (PRA), on simplifications to the prudential framework that would apply to the simpler-regime firms.

    February 28, 2023 WebPage Regulatory News
    News

    DNB Publishes Multiple Reporting Updates for Banks

    DNB, the central bank of Netherlands, updated the list of additional reporting requests and published additional data quality checks and XBRL-Formula linkbase documents for the first quarter of 2023.

    February 28, 2023 WebPage Regulatory News
    News

    NBB Sets Out Climate Risk Expectations, Issues Reporting Updates

    The National Bank of Belgium (NBB) published a communication on climate-related and environmental risks, issued an update on XBRL reporting

    February 24, 2023 WebPage Regulatory News
    News

    EBA Updates Address Securitization Standards and DGS Guidelines

    The European Banking Authority (EBA) published the final draft of the regulatory technical standards that set out conditions for assessment of homogeneity of the underlying exposures in simple, transparent, and standardized (STS) securitizations.

    February 21, 2023 WebPage Regulatory News
    News

    FSB Publishes Letter to G20, Sets Out Work Priorities for 2023

    The Financial Stability Board (FSB) published a letter intended for the G20 Finance Ministers and Central Bank Governors, highlighting the work that FSB will take forward under the Indian G20 Presidency in 2023

    February 20, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8793