2023.10.25 minutes

General note: below minutes are written by Eurofiling and are not official statements by the mentioned organisations.

Eurofiling

Eurofiling is preparing a new version of the Eurofiling taxonomy to:

  1. Follow the improvements coming from the DPM 2.0 project (see Supervisory reporting – DPM and XBRL (europa.eu)),
  2. And add general use constructs from EBA and EIOPA.

The following changes are implemented in version 2.0 of the Eurofiling Taxonomy Package:

  • EnumeratedMetricVersioning = new roleType for definition links
  • previous-next = new arcroleType for linking the previous version of an enumerated metric to the next version of the same metric
  • initial-version = new arcroleType for linking the enumerated metric to the initial version of the same metric
  • trueItemType = Data type for which the only valid value is true (same characteristics as the one in eba’s model.xsd)
  • notEmptyString= Data type for which the empty string is not allowed in a typed domain
  • notEmptyStringItemType = Data type for which the empty string is not allowed on concept element definitions
  • compound item definition = new arcroleType for connecting a compound item to its components
  • compound item breakdown = new roleType for Items being a combination of other items defined in the taxonomy
  • isin-check.xml  and math.xml = functions from EIOPA made available in the Eurofiling domain
  • null-elements

Derek De Brandt has sent a mail with the Public Working Draft of the Taxonomy Package 2.0 to the GoogleGroup and will centralise the feedback. Please test this release.

EBA update

The EBA representative could not join the call due to unforeseen circumstances. The following was intended to be shared:
3.3.phase3 will be published at the end of this month (In BoS review now)

  1. We have updated the sample taxonomy and instance documents for the revised taxonomy architecture here  Reporting framework 3.4 | European Banking Authority (europa.eu)
    1. Add sample on metric hierarchy.
    2. Add sample on “evaluation-based” assertion.
    3. Include Resolution sample taxonomy (besides SBP already provided by updated as well in this republication)
  2. We have also published a sample database for DPM Refit here: DPM data dictionary | European Banking Authority (europa.eu) (sheet DPM 2.0)

EIOPA update

The hotfix published on 30 October has itself some issues, certain templates are missing. EIOPA will release another hotfix, the timing of that release is under discussion at EIOPA.

SRB update

The SRB representative could not join the call due to technical issues blocking access to the conference call. The following was intended to be shared:

ResRep 8.0.2 (2024 cycle) taxonomy is published on 30 September 2023 and the final 9.1.0 SRF Taxonomy (2024 taxonomy) is published on 6 October 2023.

ESMA update

Early November ESMA is expected to release an update of XBRL files, following the update to the reporting manual released in September that fixes errors and make improvements.

ESMA is discussing with EFRAG on sustainability information.

Additional information shared by ESMA after the call:

ESMA has published on 25 October the 2023 European Common Enforcement Priorities Statement ESMA32-193237008-1793. At the end of the document, you can find a section on ESEF. The messages reflect the update to the ESEF reporting manual and reminds prepares key areas for ESEF where enforcers will be looking at.

ECB Update

No news.

Sustainability

No news.

Events

  • Annual EFRAG conference will be held on 28 November 2023. Registration for in-person attendance is not possible anymore, registration for remote participation is.
  • 29th Eurofiling Conference will take place on 5 and 6 June 2024, kindly hosted by the Central Bank of Ireland in Dublin.
  • Annual XBRL Spain conference will be held on 23 November 2023 (in Spanish).
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