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Items tagged with "EU"

EIOPA reacts to feedback on open insurance

The European Insurance and Occupational Pensions Authority (EIOPA) has published a feedback statement on open insurance following a discussion paper and a public consultation, summarising stakeholder responses and EIOPA’s reactions.

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EU announces agreement on CSRD

The Council of the European Union and the European Parliament have this week reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD), a crucial step towards passage of this law.

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ECB welcomes and discusses ESAP proposal

The European Central Bank (ECB) has issued an Opinion on the establishment and functioning of the European Single Access Point (ESAP), as proposed by the European Commission in November 2021.

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EBA issues latest updates to ITS validation rules

The European Banking Authority (EBA) has published its regular revised list of validation rules, as included in its Implementing Technical Standards (ITS) on supervisory reporting.

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EIOPA releases latest draft taxonomies

On 1 June 2022, the European Insurance and Occupational Pensions Authority (EIOPA) published the latest proposed updates to its XBRL taxonomies and data point models (DPMs), used to connect digital definitions with reporting requirements.

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EBA issues second phase of latest reporting framework

The European Banking Authority (EBA) has published phase 2 of version 3.2 of its reporting framework, with an updated technical package including XBRL taxonomies, validation rules, and the Data Point Model (DPM).

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ESAs clarify sustainability reporting requirements on financial products under SFDR

The three European Supervisory Authorities (ESAs) – the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA) – have issued a joint supervisory statement clarifying key aspects of Sustainable Finance Disclosure Regulation (SFDR) disclosures.

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EBA updates mapping between disclosure standards to boost efficiency

The European Banking Authority (EBA) has published an updated mapping between its two key reporting requirements, aimed at “improving cost-efficiency for banks and enhancing consistency of data between public disclosures and supervisory reporting.”

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EBA proposes standardised information for sales of non-performing loans

The European Banking Authority (EBA) has launched a consultation on proposed rules on the information provided by sellers of non-performing loans (NPL) to prospective buyers.

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Year One done? Malta implements ESEF

The Malta Financial Services Authority (MFSA) has announced that the country has concluded its first digital reporting period under the European Single Electronic Format (ESEF).

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