EBA issues revised list of ITS validation rules

Posted on July 9, 2021 by Editor

The European Banking Authority (EBA) has issued a revised list of the validation rules included in its Implementing Technical Standards (ITS) on supervisory reporting. It highlights those that have been deactivated either for incorrectness or for triggering IT problems, and notes that these should no longer be used to assess submitted data.

Validation rules are used to check data quality and highlight possible issues. As issues emerge within this complex set of rules, the EBA usually releases its updated list of ITS validation rules each quarter, most recently on 10 June. It has made this exceptional publication outside its usual calendar due to substantial changes brought about with the release of its new reporting framework 3.0, including rules that need to be deactivated until further amendments can be provided.

Read more here.

Other Posts


Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy