EBA consults on draft XBRL Taxonomy for secondary reporting

19 September 2013

The European Banking Authority (EBA) launched today a consultation on the draft XBRL Taxonomy for second level supervisory reporting. This consultation document, which is based on the EBA's final draft Implementing Technical Standards (ITS) and the related Data Point Model(s) (DPM), aims at ensuring that the data that national competent authorities collect from credit institutions and investment firms is transmitted to the EBA in a uniform and consistent manner. This consultation runs until 9 October 2013.

The proposed document presents the data items, business concepts, relations and validation rules described by the EBA Data Point Model(s) (DPM) on supervisory reporting in the technical format of an XBRL taxonomy.

Although primarily intended for use in data transmission between competent authorities and the EBA, authorities may choose to use the proposed XBRL taxonomy or a similar one for collecting data from credit institutions and investment firms in Europe.

Consultation process

Comments can be sent to the EBA by clicking on the "send your comments" button on the consultation page. Please note that the deadline for the submission of comments is 9 October 2013.

All contributions received will be published following the close of the consultation, unless requested otherwise.

Legal basis

The EBA has developed this taxonomy based on its final draft ITS and DPM on supervisory reporting, in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (colloquially known as Capital Requirements Regulation or CRR).