Two updates from the European Banking Authority (EBA) this week: Firstly, EBA has launched a consultation on a draft version of Data Point Model (DPM) 2.9 and associated XBRL taxonomy.
This new release is a draft of the new data requirements proposed in the consultations on amendments to the Implementing Technical Standards (ITS) on supervisory reporting on COREP LCR, COREP securitisation & FINREP-NPE&FB, P&L and IFRS16. The consultation runs until 7 December 2018 and comments are welcome.
For more details and to comment, see the press release here.
Secondly, EBA acknowledge the new resolution reporting standards by the European Commission. These reporting requirements concern the procedures and forms for resolution plans for credit institutions and investment firms. The new regulation will apply as of 31 December 2018.
Click here to access the act and annexes of the new resolution reporting regulation.