ACPR Issues Updates on Prudential Reporting for Banks
The French Prudential Supervisory Authority (ACPR) published reporting updates for the banking sector, including those related to the reporting framework 3.2.
ACPR announced that version 3.2 of the taxonomy, that is, the Data Point Model (DPM v.3.2) has been made available in the approval environment of the ACPR information system and the Onegate portal for certain orders and modules including COREP, PF, SBP and FINREP modules. The regulator also reminded that the European rebates should be submitted with the Legal Entity Identifier (LEI) identifier for modules passing version 3.2, from decree 12/2022 and should be deposited on the Onegate portal. Also, ACPR, following the implementation of version 3.2 of the taxonomy (DPM v.3.2), modified the Functional Business Cards of its information system to integrate the developments from the Decree 12/2022. As part of the evolution of the indication of consolidation of the entry points of version 3.2 of the taxonomy (DPM v.3.2), a new column "consolidation level" has been added to identify the type of consolidation expected. ACPR noted that, from January 01, 2023, all submissions and resubmissions (including for earlier taxonomy versions) of European reports must comply with changes related to the Filing Rule 1.6 from the European Banking Authority or EBA. Thus, tables that do not appear as expected in the Functional Business Card must be submitted with a discount indicator set to “false.” ACPR also informed that the adjustments will be made to the next version of the Functional Business Card by December.
Related Links (in French)
Keywords: Europe, France, Banking, Reporting, Taxonomy, DPM, Onegate, COREP, FINREP, LEI, ACPR, Reporting Framework 3 2, EBA
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.
Scott Dietz
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
Previous Article
NBB Issues Multiple Regulatory and Reporting Updates for BanksRelated Articles
BIS and Central Banks Experiment with GenAI to Assess Climate Risks
A recent report from the Bank for International Settlements (BIS) Innovation Hub details Project Gaia, a collaboration between the BIS Innovation Hub Eurosystem Center and certain central banks in Europe
Nearly 25% G-SIBs Commit to Adopting TNFD Nature-Related Disclosures
Nature-related risks are increasing in severity and frequency, affecting businesses, capital providers, financial systems, and economies.
Singapore to Mandate Climate Disclosures from FY2025
Singapore recently took a significant step toward turning climate ambition into action, with the introduction of mandatory climate-related disclosures for listed and large non-listed companies
SEC Finalizes Climate-Related Disclosures Rule
The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited rule that mandates climate-related disclosures for domestic and foreign publicly listed companies in the U.S.
EBA Proposes Standards Related to Standardized Credit Risk Approach
The European Banking Authority (EBA) has been taking significant steps toward implementing the Basel III framework and strengthening the regulatory framework for credit institutions in the EU
US Regulators Release Stress Test Scenarios for Banks
The U.S. regulators recently released baseline and severely adverse scenarios, along with other details, for stress testing the banks in 2024. The relevant U.S. banking regulators are the Federal Reserve Bank (FED), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC).
Asian Governments Aim for Interoperability in AI Governance Frameworks
The regulatory landscape for artificial intelligence (AI), including the generative kind, is evolving rapidly, with governments and regulators aiming to address the challenges and opportunities presented by this transformative technology.
EBA Proposes Operational Risk Standards Under Final Basel III Package
The European Union (EU) has been working on the final elements of Basel III standards, with endorsement of the Banking Package and the publication of the European Banking Authority (EBA) roadmap on Basel III implementation in December 2023.
EFRAG Proposes XBRL Taxonomy and Standard for Listed SMEs Under ESRS
The European Financial Reporting Advisory Group (EFRAG), which plays a crucial role in shaping corporate reporting standards in European Union (EU), is seeking comments, until May 21, 2024, on the Exposure Draft ESRS for listed SMEs.
ECB to Expand Climate Change Work in 2024-2025
Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.
