BoE published a public working draft of the BoE Banking eXtensible Business Reporting Language (XBRL) Taxonomy Version 3.0.0 and related technical artefacts. Firms and software vendors are invited to provide feedback on the public working draft of the technical artefacts by March 20, 2018.
The draft includes the taxonomy for:
- Pillar 2 liquidity, which follows policy statement PS2/18 on Pillar 2 liquidity that was published in February 2018
- Ring-fencing, which follows PS3/17, titled “The implementation of ring-fencing: reporting and residual matters - responses to CP25/16 and Chapter 5 of CP36/16,” that was published in February 2017
The taxonomy, data point model dictionary, annotated templates, and validation rules represent the requirements for reporting of Pillar 2 data as set out in PS2/18 and for ring-fencing data as set out in PS3/17. Version 3.0.0 BoE XBRL taxonomy is expected to be published in April 2018. The GABRIEL system will be used to collect Pillar 2 reporting data and the ring-fencing data. The taxonomies for financial statements and Capital+ reporting remain unchanged from Version 2.0.0 of the BoE Banking XBRL taxonomy.
Comment Due Date: March 20, 2018
Keywords: Europe, UK, Banking, XBRL, Taxonomy, Reporting, Pillar 2, BoE
Previous ArticleElke König of SRB Speaks About Harmonizing Insolvency Regimes in EU
EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.
BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.
HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.
EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.
APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.
EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.
ECB concluded the public consultation on the introduction of a digital euro in EU.
ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.
The SRB Chair Elke König published an article setting out work priorities for 2021.
FDIC has selected 11 technology companies—including BearingPoint, Fed Reporter, Inc, and S&P Global Market Intelligence, LLC—for inclusion in the third and final phase of the rapid prototyping competition.