2023.09.27 minutes

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

EIOPA update

The hotfix for 2.8 will be published around mid-October, as EIOPA needs a bit more time to complete all necessary changes.

EIOPA organises together with EBA an online event on October 10 with the industry, which is high-level oriented and wishes to address more about the 2.0 taxonomy architecture which is going to be implemented soon.

More info on Public event on Supervisory Reporting (europa.eu).

SRB update

SRB will publish an update to the SRF taxonomy for the 2024 cycle to remove some datapoints and related validation rules added in the draft July release 9.0.2.

This update (9.1.0) will be published mid-October.

The ResRep taxonomy v8.0.2 for the 2024 cycle is published on the SRB website. It is an extension of the EBA 3.2 taxonomy, since the RES framework wasn’t updated in the most recent EBA taxonomy (i.e. 3.3).

Note: useful to mention that taxonomy users only need to install the new branch /2023-03-24/ and the /dict/ branch on top of last year’s taxonomy v7.0.2.

ECB update

ECB reports that there are no developments to mention.

ESMA update

No update this month.

EBA update

3.3 phase 3 (IRRBB module) is under review by NCA’s and is scheduled to be published around 20 October.

3.4 phase 1 will have 4 modules (including MREL TLAC and ESG info for ECB) is scheduled to be published in February 2024.

Early October EBA will update the sample SBP taxonomy according to the new taxonomy architecture version 2.0, using the DPM Refit database approach and in an MS Access format. Please note that in the future the format for this database (now MS Access) may change!

Sustainability reporting

ISSB: the consultation period for the ISSB taxonomy is closed. Final taxonomy is expected early 2024.

EFRAG: ESRS standards were endorsed by the European Commission.

Events

10 October 2023: EIOPA/EBA public event

16 & 17 October 2023: Data Amplified in Zurich, Switzerland.

5 & 6 June 2024: 29th Eurofiling conference in Dublic, Ireland. Kindly hosted by Central Bank of Ireland.
The Eurofiling Foundation is starting up the organisation committee and event site (https://2024.eurofiling.info/). Please contact Eurofiling if you would like to participate (e.g. a speaker) or contribute as volunteer. Thank you already for considering!

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