ACPR Publishes Notice on O-SIIs and Draft Version of RUBA Taxonomy
The French Prudential Control and Resolution Authority (ACPR) published a methodological notice related to the identification of other systemically important institutions or (O-SIIs or A-EIS) in France and the determination of associated buffers. In addition, ACPR published the draft version of RUBA taxonomy (Version 1.1.0), which will replace the RUBA taxonomy version 1.0.1 from December 31, 2022.
Along with the taxonomy, ACPR has published description and delivery notes, presentation, data point model (DPM) dictionary, annotated reports, taxonomy controls, and test instance file related to the taxonomy. The comment period on the draft version ends on July 05, 2022. RUBA taxonomy applies to the banking sector and has an architecture and structure similar to that of the Capital Requirements Regulation (CRR)/Capital Requirements Directive (CRD) IV taxonomies from the European Banking Authority (EBA) and that of the Solvency II taxonomy from the European Insurance and Occupational Pensions Authority (EIOPA).
Related Links (in French)
- Notice on Identification of O-SIIs (PDF)
- Press Release on RUBA Taxonomy
- Draft Taxonomy and Related Documents
Keywords: Europe, France, Banking, Taxonomy, Reporting, RUBA, CRR, CRD IV, DPM, Basel, O-SII, Systemic Risk, Regulatory Capital, ACPR
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