Acquisition substantially increases AUDT token utility infrastructure and strengthens reporting capabilities on the Auditchain Protocol for the European market
<p><span>The European Banking Authority (EBA) published today phase 1 of its 3.2 reporting framework. The technical package supports the implementation of the reporting framework by providing standard specifications and includes the validation rules, the Data Point Model (DPM) and the XBRL taxonomies for version 3.2. The phase 2 and 3 of the same framework will be published in Q2 and Q3 of this year. The EBA also published today a revised list of validation rules for the reporting frameworks currently in use.</span></p>
EBA Updates Reporting Framework 3.0 And Technical Standards On Pillar 3 Disclosure Date
22/12/2020
The European Banking Authority (EBA) published today an update to the reporting framework 3.0 and the Implementing Technical Standards (ITS) on institutions’ Pillar 3 public disclosures. These updates are the result of the European Commission’s adoption of the ITS on Supervisory Reporting (v3.0) on 17 December, the EBA publication of the revised version of the mapping between disclosures and reporting, and the EBA release of phase 1 of its technical package on the reporting framework v3.0.
EC adoption of ITS on Supervisory Reporting (v3.0)
The EBA updated its website to reflect the European Commission’s adoption of the Supervisory Reporting Implementing Act and its Annexes, which included changes introduced by the revised Capital Requirements Regulations (CRR2) and the Prudential Backstop Regulation.