Deutsche Bundesbank updated the list of reporting validation rules, which have additionally been identified as defective from the national point of view, from Annex XV of the EBA implementing technical standards on supervisory reporting. EBA also provides a current list of incorrect validation rules on its website.
Additionally, Bundesbank published a list that contains the status of the validation rules that, from nGAAP perspective in Germany, are not applicable for the reporting of financial information. This is the case, for example, when linking IFRS and nGAAP positions for validation in FINREP. The list has been discussed and initially supported by German banking associations. The identified list should be regarded as a first assessment.
- Updated List of Disabled Validation Rules (XLSX in German)
- Status of Validation Rules based on nGAAP Perspective (XLSX)
- Bundesbank Reporting System (in German)
- EBA Reporting Framework
Keywords: Europe, EU, Germany, Banking, Reporting, Validation Rules, nGAAP, FINREP, Bundesbank
Previous ArticleEC Outlines Approach to Set Guidelines for Artificial Intelligence
BCBS amended the guidelines on sound management of risks related to money laundering and financing of terrorism (ML/FT).
US Agencies (Farm Credit Administration, FDIC, FED, FHFA, and OCC) finalized changes to the swap margin rule to facilitate implementation of prudent risk management strategies at banks and other entities with significant swap activities.
PRA published a letter that builds on the expectations set out in the supervisory statement (SS3/19) on enhancing banks' and insurers' approaches to managing the financial risks from climate change.
EBA finalized the guidelines on treatment of structural foreign-exchange (FX) positions under Article 352(2) of the Capital Requirements Regulation (CRR).
FSB published a statement on the impact of COVID-19 pandemic on global benchmark transition.
IAIS published the list of Internationally Active Insurance Groups (IAIGs) publicly disclosed by group-wide supervisors.
FED has temporarily revised the reporting form on consolidated financial statements for holding companies (FR Y-9C; OMB No. 7100-0128).
EC launched a consultation on the review of the key elements of Solvency II Directive, with the comment period ending on October 21, 2020.
ECB launched a consultation on the guide that sets out supervisory approach to consolidation projects in the banking sector.
IAIS published technical specifications, questionnaires, and templates for 2020 Insurance Capital Standard (ICS) and Aggregation Method data collections.