EBA updates ITS validation rules
The European Banking Authority (EBA) has issued a revised list of validation rules under its Implementing Technical Standards (ITS) on supervisory reporting, identifying rules that have been deactivated, reactivated, or changed in severity status. EU competent authorities are reminded not to formally validate submitted data against any deactivated rules.
The update also includes a small validation rules package, comprising a micro taxonomy package and Data Point Model (DPM) validation rules update scripts, required from release 4.0 onwards. Notably, with the introduction of DPM 2.0, validation rules are now embedded directly into both the taxonomy and the DPM itself, improving consistency, traceability and harmonisation across reporting institutions.
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