22 Table Groups - what is in, what is out Taxonomy structure – Modules DPM and XBRL data descriptions Examples of various types of tables Current progress, timeline. How are we doing it (process)
33 EBA XBRL Taxonomy DPM EBA Business expertsEBA IT experts Regulations Templates Instructions Validations Taxonomy NSA IT experts Transmit to EBA Understand Requirements Credit Institutions Report to NSA Primary purpose: For data exchange from NSAs to EBA Many NSAs will use substantially the same for 1 st level reporting
44 EBA XBRL Taxonomy Very Dimensional 286 Primary Items 101 Dimensions, 1500 members 43 of 32000 data points use only 1 dimension, none use 0 Extensive use of table link base Filing indicators used at table level
55 The Frameworks COREPFINREP Capital Adequacy Group Solvency Credit Risk IP Losses Operational Risk Market Risk Large Exposures Primary Statements Assets & Liabilities Financial Asset Disclosures & Off Balance Sheet Income & Equity Financial & Non-Financial Disclosures, OBS Leverage Liquidity Coverage Net Stable Funding Asset Encumbrance Forbearance Non-performance...
66 In XBRL One taxonomy / Two taxonomies Common dictionary – same concepts, same dimensions used to categorise things Different tables, different reporting units (modules). Large: 1800 files, 100MB
77 The XBRL entry points/modules (Jan 2014) COREP FINREP Capital Adequacy Group Solvency Credit Risk Operational Risk Market Risk Leverage Ratio Liquidity Coverage Net Stable Funding Ratio Large Exposures Part 1 Part 2 Part 3 Part 4 Part 5 COREP LE COREP FINREP
99 Templates vs Tables Table linkbase Rows/Columns/Sheets must have a unique set of dimensions Cells are defined by the combination at the intersection Excel Templates no restrictions, anything goes Sometimes to model a template we need to switch the definition of a column for some rows. This means we need to break up tables into parts:
19 Open tables – Rows Also open sheets – e.g. top N currencies/ top N countries
20 ITS Development: Iterative Process...so far In Progress... Generation Test results Metadata loading Quality checks Modeling Analysis Structure checks Metadata extraction Templates DPM Excel DPM Database DPM-XBRL Generator DPM-XBRL Generator XBRL Taxonomies
21 Current Status Early access version of the taxonomy is currently being reviewed by NSAs Receiving very useful feedback and corrections Awaiting final business changes to the DPM These will be incorporated, and a public consultation version prepared. Working to a loose target of end August for public consultation
22 Possible Concerns Extensive use of Table Linkbase Specification is still fluid Implementations are currently patchy The taxonomy being reviewed is based on the previous PWD Volume of data, size of instance files, complexity of tables Performance of tools Availability of tools suitable for the reporting process Manual entry / tagging will not be plausible Integration with accounting / risk management / regulatory reporting systems needed
23 So Vendors and NSAs Ensure you are up to date with the Table Linkbase spec Ensure your tools are ready for volume and complexity Filers Ensure you are planning ahead Devise suitable processes Contact vendors.
24 European Banking Authority Floor 18 | Tower 42 | 25 Old Broad Street London EC2N 1HQ | United Kingdom t +44 (0)20 7933 9900 f +44 (0)20 7382 1771 email@example.com www.eba.europa.eu Contact information Owen Jones