DNB Issues Taxonomy for BIS Consolidated Banking Statistics
DNB published version 2.0.0 of taxonomy for “BIS Consolidated Banking Statistics (BISCBS)," also known as the DNB 8023 country risk report. This new version of the taxonomy aligns with the update of the DNB reporting guidelines for country risk reporting. This taxonomy contains one entry point available for filing. The reporting period and deadlines are not affected by the introduction of this new reporting format. Banks must use version 2.0.0 to submit their country risk report effective from the fourth quarter of 2020 reference period. The submission deadline for this reference period is February 25, 2021. DNB will publish a new user manual for this by mid-July 2020. DNB also notified that the "interest benchmark transition reporting obligation" is available, for selected banks, in the Digital Reporting Portal or DLR, as of July 01, 2020. The deadline for submission is August 18, 2020.
The main change in the taxonomy version 2.0.0 for country risk report concerns the introduction of additional columns to allow further break-down of claims on an immediate basis. The taxonomy includes the following documents:
- Release notes for version 2.0.0
- Excel workbook with the taxonomy content, data points, hierarchies, (current) assertions, and annotated templates of the forms
- Excel workbook with the data dictionary
- XBRL reporting framework, version 2.0.0 (as a taxonomy package)
- Reporting framework, specific dictionary (as a taxonomy package)
- Zip file with a sample XBRL instance for each entrypoint
In June 2020, the Netherlands Authority for the Financial Markets (AFM) and DNB launched a request from institutions to gather information on the status of the transition to alternative interest rate benchmarks. From July 01, a selection of insurers, pension funds, investment institutions, and banks (that are not under the direct supervision of ECB) will participate in the semi-annual call for "tenders." The last intended "tender" will be in January 2022. The information requested consists of data on relevant financial instruments and products. In addition, various questions have been included about the progress and obstacles in the transition. The data request should be completed on a best effort basis, for positions on June 30, 2020.
Related Links (in Dutch and English)
- Notification on Country Risk Report
- Notification on Benchmark Transition Reporting
- Taxonomy for Country Risk Report (ZIP)
- Request for Monitoring Transition
Keywords: Europe, Netherlands, Banking, Digital Reporting Portal, Taxonomy, XBRL, Interest Rate Benchmark, Risk-Free Rates, IBOR, Transition, DNB
Featured Experts

María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer

Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.

David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Related Articles
FINMA Approves Merger of Credit Suisse and UBS
The Swiss Financial Market Supervisory Authority (FINMA) has approved the takeover of Credit Suisse by UBS.
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.
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.
APRA Assesses Macro-Prudential Policy Settings, Issues Other Updates
The Australian Prudential Regulation Authority (APRA) published an information paper that assesses its macro-prudential policy settings aimed at promoting stability at a systemic level.
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.
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.
MFSA Sets Out Supervisory Priorities, Issues Reporting Updates
The Malta Financial Services Authority (MFSA) outlined its supervisory priorities for 2023
German Regulators Issue Multiple Reporting Updates for Banks
Deutsche Bundesbank published the nationally deactivated validation rules for the German Commercial Code (HGB) users on the taxonomy 3.2, which became valid from December 31, 2022
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.
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.