EBA Republishes Taxonomy 2.7 for Remittance of Supervisory Reporting
EBA published a corrective update (2.7.0.1) to the XBRL taxonomy, which competent authorities shall use for the remittance of data under the EBA implementing technical standards on supervisory reporting. The revised taxonomy will be used for the first reporting of Financial Reporting requirements compiled under IFRS 9.
This update modifies and replaces the previously published 2.7 taxonomy. It corrects technical errors in the reportable content and errors in the XBRL implementation of some validation rules. Reports that previously envisaged to be remitted under the taxonomy set 2.7 should use the corrected taxonomy 2.7.0.1, which is "instance compatible" with set 2.7. The first report under 2.7.01 is expected with relation to data referring to March 2018. The published documents include updates on the following items:
- Updated XBRL taxonomy
- Corrected EBA Validation Rules spreadsheet
- Updated DPM database
- Annotated table layout corrections for C 17.01.a
Related Link: Updated Taxonomy Documents—Version 2.7.0.1
Keywords: Europe, EU, Banking, Reporting, Taxonomy, IFRS 9, EBA
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