Bundesbank published the updated document containing supplementary validation rules in the context of the implementation of the reporting system at national level. The document provides guidance on additional validation rules beyond the relevant taxonomy. According to Article 4 of the ECB Regulation ECB/2014/29, national supervisory authorities should apply both the validation and plausibility rules published by EBA and the data-quality checks defined by ECB. The requirements apply to all credit institutions within the meaning of the Capital Requirements Regulation (CRR).
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Keywords: Europe, Germany, Banking, Validation Rules, Reporting, CRR, Plausibility Checks, Data Quality Checks, ECB, EBA, Bundesbank
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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.