New Bank of England Rules Finalised
The Bank of England has finalised the Capital+ taxonomy that will govern capital forecasts for regulated deposit takers from 1 October.
The Bank of England has finalised the Capital+ taxonomy that will govern capital forecasts for regulated deposit takers from 1 October.
New rules come into force on 30 June 2017, with enhanced validation rules and revised reporting requirements to impact banks across Europe.
The Bank of England has published a public working draft (PWD) of its Banking XBRL Taxonomy (v0.9.1). Comment deadline is 16 January.
If you are wondering how to deal with granular data, high frequency data, ad-hoc requests, and data quality, then consult the experts who will be at Data Amplified.
Learn how CRDIV reporting requirements, enacted to strengthen the resilience of the EU banking sector against economic shocks while ensuring the continued availability of essential capital, are impacting both banks and National Competent Authorities.
The Latvian regulator has implemented Solvency II and CRD IV reporting using a taxonomy-driven approach. *Link to presentation added*
The level of co-ordinated focus, at a national as well as at a pan-European basis, on improving data quality is very impressive, although clearly it is still early days.
XBRL Finland held a successful conference entitled the Real-Time Economy (RTE): Innovations for Europe Conference. Nearly 150 participants from 12 countries and 68 organizations came together in Helsinki to discuss advances in financial reporting, public data collection and accounting. The purpose of the conference was to disseminate information on RTE innovations and to gather people […]
Amendments and updates have been made available by the EBA.
The EBA website has published a wealth of information about options and national discretions applied by EU National Competent Authorities as part of the Capital Requirements Directive (CRDIV) for bank supervision. The national variability displayed is a good example of the challenges faced both by internationally operating banks and the regulators themselves. The summary table is probably a good […]