The EBA publishes updated list of validation rules as part of its regular quarterly reporting frameworks update

The European Banking Authority (EBA) issued today an updated list of validation rules defined in its reporting frameworks, as part of its regular quarterly review process. The revised package identifies rules that (i) have been deactivated due to inaccuracies or IT-related issues, or (ii) have been reactivated. 

Competent authorities across the EU are reminded that data submitted in accordance with the Implementing Technical Standards (ITS) and Guidelines should not be formally validated against deactivated rules.

In addition, the EBA has released a small validation rules package, which includes: 

• a micro taxonomy package; and
• Data Point Model (DPM) validation rules updates scripts.

These components are required from release 4.0 onwards for each validation rules update exercise. They ensure consistent amendments to the rules in both the taxonomy and the DPM. 

With the introduction of DPM 2.0 from release 4.0 onwards, validation rules are now embedded directly in both the taxonomy and DPM. This integration improves consistency in implementation by reporting institutions, enhances traceability of changes, and contributes to a more efficient and harmonised supervisory reporting process.