EBA unveils technical package for reporting framework 3.5
This Tuesday the European Banking Authority (EBA) released a comprehensive technical package for version 3.5 of its reporting framework. This package includes essential specifications such as validation rules, the Data Point Model (DPM), and XBRL taxonomies, addressing various reporting requirements.
The package supports amendments to technical standards for the Fundamental Review of the Trading Book (FRTB), diversity benchmarking guidelines, and cross-sectoral technical standards for ICT third-party service providers under the Digital Operational Resilience Act (DORA). It also covers changes to the reporting and disclosure standards for minimum requirements for own funds and eligible liabilities and total loss-absorbing capacity (MREL/TLAC). Additionally, this release introduces a new format for the DPM data dictionary (DPM2.0) and adopts a new XBRL architecture, with an updated DPM Query Tool.
These updates build on recent regulatory changes and are set to streamline reporting practices across the banking sector. For instance, the amendments for FRTB reporting will take effect from 1 January 2026, following a recent postponement. The DORA-related technical standards are based on drafts submitted to the European Commission earlier this year and will be updated to reflect any changes made during the Commission’s review. These improvements will likely ease compliance burdens for financial institutions and enhance data consistency across the EU.
For further information, see the press release here.
