Regulatory Reporting for AIFMD, CRD IV, Solvency II, MiFID II, FATCA and AnaCredit

Regulatory Updates

EBA announces details of 2016 EU-wide stress test

The European Banking Authority (EBA) published today its 2016 EU-wide stress test draft methodology for discussion. The stress test will be formally launched in the first quarter of 2016 and will cover over 70% of the EU banking sector and will assess EU banks’ ability to meet relevant supervisory capital ratios during an adverse economic shock. The results will inform the 2016 Supervisory Review and Evaluation Process (SREP), acting as a challenge to banks’ forward looking capital plans. The exercise will also provide market participants with a consistent basis to compare and assess the resilience of EU banks. The list of institutions participating in the exercise is also released today. […]

05/11/2015

EBA publishes results of the Basel III monitoring exercise as of of 31 December 2014

The European Banking Authority (EBA) published today its eighth report of the Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at a global level, allows the gathering of aggregate results on capital ratios and leverage ratio (LR), as well as on liquidity ratios - liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) - for banks in the European Union (EU). […]

12/09/2015

EBA publishes new DPM and XBRL taxonomy for remittance of supervisory reporting

The European Banking Authority (EBA) published today an update to the XBRL taxonomy that Competent Authorities should use for the remittance of data under the EBA Implementing Technical Standards (ITS) on supervisory reporting. The new taxonomy will be used for the first reports under the revised Liquidity and Leverage Ratio requirements resulting from Delegated Acts of the European Commission. […]

09/09/2015

EBA updates on future EU-wide stress tests

In its meeting on 24 February 2015, the Board of Supervisors of the European Banking Authority (EBA) decided not to carry out an EU-wide stress test in 2015 and to start preparing for the next exercise in 2016. Instead of a stress test, in 2015, the EBA will be running a transparency exercise in line with the one conducted in 2013, which will provide detailed data on EU banks’ balance sheets and portfolios. This decision has been communicated to the European Parliament, the Council and the Commission. […]

03/03/2015

Prospects for the XBRL Tool for Undertakings

The European Banking Authority (EBA) will publish the 2014 EU-wide stress test results on Sunday 26 October 2014. The stress test, which assesses the resilience of EU banks to a hypothetical adverse macroeconomic scenario, uses a common methodology developed by the EBA, and applies it consistently across all participating banks. With up to 12,000 data points per bank disclosed, it will provide an unmatched level of transparency into the EU banking sector. Simultaneously, the ECB will be publishing the results of its Comprehensive Assessment (CA) […]

22/04/2016

SOLVENCY II IS GOING LIVE

Solvency II will result in a paradigm shift in companies’ risk cultures. Well capitalised insurers will enable the sector to withstand unforeseen shocks. By fostering good governance and risk management, Solvency II will enhance protection of consumers of insurance products. Harmonised reporting and disclosure will provide supervisors with key information and enable their timely action. The new regime will however not be a burden for smaller companies, thanks to its proportionality principles.  […]

04/01/2016

EIOPA PUBLISHES THE 2 nd SET OF SOLVENCY II TECHNICAL STANDARDS AND GUIDELINES

The European Insurance and Occupational Pensions Authority (EIOPA) published today the second set of draft Implementing Technical Standards (ITS) and Guidelines for Solvency II. The set covers different areas from all three Solvency II pillars (quantitative basis; qualitative requirements; reporting and disclosure). The ITS and Guidelines were finalised following the public consultation earlier this year, during which EIOPA received over 4500 comments. […]

06/06/2015

EIOPA ANNOUNCES RESULTS OF THE EU-WIDE INSURANCE STRESS TEST 201

The European Insurance and Occupational Pensions Authority (EIOPA) announced today the results of its EU-wide Insurance Stress Test. The exercise aimed to test the overall resilience of the insurance sector and to identify its major vulnerabilities. […]

03/11/2014

EIOPA LAUNCHES EU WIDE INSURANCE STRESS TEST

The European Insurance and Occupational Pensions Authority (EIOPA) launched today an EU*wide stress test for the insurance sector.[…]

30/04/2015

EBA publishes corrections to XBRL reporting taxonomies and confirms reference dates

The European Banking Authority (EBA) published today corrective updates to two versions of its XBRL taxonomies for supervisory reporting, correcting technical errors in the implementation of some validation rules.

04/05/2015

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Blog

CRD IV – Automation of COREP and FINREP Reports

03/27/2020 ||By: Pooja Parikshit

Rapid Implementation of COREP & FINREP Most European firms are well on their way to implement the new common regulatory reporting (COREP) obligations and close to having to start financial reporting (FINREP). Back in 2006, the Committee of Banking Supervision (CEBS) entrenched a common reporting framework guideline intending to increase the comparability of financial information […]


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From Rich Design PDF to Rich Design XHTML

02/21/2020 ||By: Pooja Parikshit

  DataTracks participated in the 24th XBRL Europe Day held at the Chamber of Commerce in Milan, Italy. The event had more than 200 attendees, including some of the leading names in the academic world, industry experts, regulators, audit firms, design firms, and Issuers. The focus of the event was to discuss recent trends in […]


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ESMA updates on ESEF XBRL taxonomy- facilitating the implementation of the ESEF regulation

01/28/2020 ||By: Pooja Parikshit

In December 2019, the European Securities and Markets Authority (ESMA) introduced a new version of the European Single Electronic Format (ESEF) taxonomy to facilitate stipulated reporting of the annual financial reports. The mandate issued by ESMA states that from January 1st, 2020, onwards, all public companies in the European Union (EU) need to prepare their […]