More news from Europe this week as the European Banking Authority (EBA) have published an update to the Implementing Technical Standards (ITS) on supervisory reporting, forming part of the EBA’s reporting framework v2.9. The ITS updates are designed to keep reporting requirements in line with changes in the regulatory framework that respond to an evolving […]
On 25 February the European Banking Authority (EBA) published new guidelines on outsourcing arrangements for financial institutions. Many financial institutions have been adapting their business models to take advantage of increased digitisation and the growing importance of Fintech firms. Often, this takes the form of outsourcing – a relatively simple way to harness innovation and […]
The European Banking Association (EBA… not to be confused with the other one) have published a report looking at the opportunities digital technologies are creating for banks. The increased digitisation of finance has been seen as a threat to their dominant role. The rise of open banking, driven by shifting consumer demand, combined with new […]
More EU news! Last week the European Banking Authority (EBA) launched its fifth annual EU-wide transparency exercise. This includes the 2018 Risk Assessment Report and an interactive viewing tool that allows the public to access and compare data on the EU banking system. The annual Risk Assessment Report provides an overview of the risks and vulnerabilities in the EU […]
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 […]
Positive news from the European Banking Authority (EBA) this week as their periodic risk assessment of the EU baking sector shows on-going improvements.
Following the European Banking Authority’s proposal for amendments to the ‘Supervisory Reporting ITS’, the UK Prudential Regulation Authority has since issued their own consultation paper to reiterate and augment the intended reporting requirements. The consultation paper issued by the PRA includes numerous changes with the aim of improving the synergy between PRA reporting and the […]
The European Banking Authority (EBA) has now published amendments to a range of its Implementing Technical Standards (ITSs), Data Point Model, XBRL taxonomy and a release of a new ITS on reporting for resolution plans. These amendments aim to synchronise reporting requirements with the changes to the regulatory framework and help meet the evolving risk […]
When preparers can run business rules over their draft reports before they submit their data, they can be confident about it. Furthermore, regulators get much better information. Large sets of public validation rules are extremely valuable in managing data quality, but they they can also be complex to maintain and test. The European Banking Authority […]
The European Banking Authority (EBA) manages the COREP/FINREP taxonomies that govern the collection of banking data across Europe. To help control one of the larger financial risk reporting frameworks in the world, the EBA uses a Data Point Model data dictionary to simplify and harmonise reporting needs. The DPM, in turn, constrains and controls the […]
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
