EBA publishes draft package for the new 4.0 reporting framework
The European Banking Authority (EBA) has rolled out a draft technical package for its upcoming 4.0 reporting framework, giving institutions an early preview of the changes set to apply in 2025.
Released last week, this draft provides insight into the EBA’s shift towards the more advanced Data Point Model (DPM) 2.0, designed to bring in new standards and improvements for EU regulatory reporting.
This draft package sets the foundation for DPM 2.0 by introducing enhanced validation rules, updated DPM elements, and XBRL taxonomies that will support new and revised reporting obligations. These include data submissions from issuers of asset-referenced tokens (ARTs) and electronic money tokens (EMTs), updates to the COREP templates in alignment with the EU Banking Package (CRR3 and CRDVI), and minor modifications for class 2 investment firms.
To help institutions prepare, the package includes the latest data dictionaries in both DPM 1.0 and DPM 2.0 formats, and an updated DPM Query Tool, allowing users to familiarise themselves with the new structure.
This transition to DPM 2.0 is a step forward in integrating XBRL taxonomies and the xBRL-CSV format for more robust, automated, and scalable reporting. By providing an early look at the draft, the EBA aims to ensure institutions can adapt seamlessly to this more structured, XBRL-driven framework.
The final technical package drops in December, but you can access the draft and support resources now on the EBA’s website.
