Bundesbank released the XBRL taxonomy 126.96.36.199, pursuant to the EBA implementing technical standards on supervisory reporting. The taxonomy version 188.8.131.52 contains forms with the German header information. As modules in the COREP taxonomy enter into force on different dates, two different taxonomies (taxonomies 2.8 and 2.9) will be valid in parallel in March 2020.
For the March 31, 2020 reference date, the liquidity coverage ratio (LCR), LCR_DA, net stable funding ratio (NSFR), and ALM modules will have to be reported in accordance with taxonomy 2.8, whereas the LE, OF, and LR modules will have to be reported in accordance with taxonomy 2.9. As of April 30, 2020, the LCR, LCR_DA, NSFR, and ALM modules must also be reported according to taxonomy 2.9. For the quarterly reports of these modules, according to the taxonomy 2.9, the first reference reporting date will be June 30, 2020. Additionally, the framework for FINREP will apply from June 2020 while the supervisory benchmarking portfolios (SBP) framework will apply from December 2019.
Keywords: Europe, Germany, Banking, Reporting, Taxonomy, XBRL, Implementing Technical Standards, LCR, NSFR, COREP, FINREP, Framework 184.108.40.206, Taxonomy 2.8, EBA, Bundesbank
Previous ArticleOSFI Revises Guideline on Margin Requirements for Derivatives
The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.
The European Council and the European Parliament (EP) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD).
The Prudential Regulation Authority (PRA) launched a consultation (CP6/22) that sets out proposal for a new Supervisory Statement on expectations for management of model risk by banks.
The European Commission (EC) published the Delegated Regulation 2022/954, which amends regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.
The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.
The European Insurance and Occupational Pensions Authority (EIOPA) published two consultation papers—one on the supervisory statement on exclusions related to systemic events and the other on the supervisory statement on the management of non-affirmative cyber exposures.
Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)
The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.
The Bank for International Settlements (BIS) published bulletins on lending in decentralized finance (DeFi) system, on blockchain scalability and fragmentation of crypto, and on extractable value and market manipulation in crypto and decentralized finance.
The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.