EBA published amended Implementing Technical Standard (ITS) – DPM 3.2, applicable for data as of 31 December 2022
The European Banking Authority (EBA) has published the first phase (Phase 1) of the Implementing Technical Standard (ITS) with regard to DPM version 3.2 used in official reporting and the XBRL taxonomy. The changes affect the reporting of credit institutions, investment firms, fund management companies and authorised alternative fund managers.
- Phase 1 of DPM 3.2 includes changes to the following reports: COREP, AE, G-SII and IF.
- Phase 2 of DPM 3.2 is expected to be published in the second quarter of 2022 and will cover Supervisory Benchmarking reporting.
- Phase 3 of DPM 3.2 is expected to be published in the third quarter of 2022 and will cover Remunerations reporting.
DPM version 3.2 will be used in reporting starting from reference date 31 December 2022. The exception is SBPIMV reporting, for which DPM 3.2 will already take effect from reference date 30 September 2022 reporting. The ITS is binding legislation only after the European Commission has approved it and it has been published in the Official Journal of the European Union.
Most significant changes
There will be a change to the EBA’s filing indicator rules. All templates in a reporting module must be expressed with either a positive or negative filing indicator. Absence of a filing indicator will result in the rejection of the report. The Financial Supervision Authority (FIN-FSA) will implement this practice in connection with the introduction of the new Reporting System, i.e. from reference date 31 July 2022. The change will take effect first for the July ALM and LCR DA reports.
The EBA’s change in the naming of CON and IND modules from the end of 2022 will not apply to reporting to the FIN-FSA. The change in the naming of the modules has been taken into account nationally in the FIN-FSA’s new Reporting System and its description of machine-language data transmission as of reference date 31 July 2022.
Own funds (COREP OF)
Changes in the reporting of own funds are minor. The biggest changes made are additions of rows to templates C 01.00 and C 02.00, which relate to the treatment of software assets in the calculation of own funds. In addition, for example, several rows have been added to credit risk templates C 13.01 and C 14.00 and C 14.01. New validation rules have also been issued and changes made to existing rules.
Additional liquidity metrics (COREP ALM)
ALMM reporting templates remain the same, but changes have been made within them, such as new tables and modified rows. The row and column numbering has been changed to four digits for all templates (previously only on template C 66.01).
The changes to ALMM reporting mainly relate to the principles of proportionality, on the basis of which the scope and frequency of reporting have been changed, particularly for small and non-complex credit institutions (SNCIs).
- Notification obligation on fulfilment of conditions for small and non-complex credit institutions (in Finnish)
Net stable funding ratio (NSFR)
Amendments have been made to the validation rules of the Net stable funding ratio (NSFR). NSFR templates remain the same, but tables have been added inside all NSFR templates.
Asset encumbrance (AE)
Underlying the changes is the principle of proportionality, on the basis of which reporting derogations have been granted to small and non-complex credit institutions. In addition, definitions and references have been clarified. Row and column numbering has been changed to four digits in AE reporting.
Additional reporting for identification and determination of G-SII buffer rates (G-SII)
The scope has been extended also to cover non-consolidated entities with total liabilities exceeding EUR 125 billion. This change has no effect on Finnish reporters. In addition, the validation rules have been updated.
Investment firms (IF)
Minor amendments have been made to DPM and validation rules to align with the adopted version of the ITS.
Further information on the XBRL taxonomy and the DPM model for ITS reporting is available on the EBA website.
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