DEX Regulatory Suite for CRD iv, DPM version 3.0

The European Banking Authority (EBA) on March 18, 2021 published reporting framework 3.0. The main changes compared to the previous version of the EBA reporting framework relate to the following:

• New ITS on supervisory reporting replacing Regulation (EU) No 680/2014, including new reporting requirements and changes to the reporting on:
  • own funds (incl. backstop for non-performing exposures)
  • credit risk and counterparty credit risk
  • large exposures
  • leverage ratio
  • net stable funding ratio
  • FINREP
  • G-SII indicators;
• New ITS on specific reporting requirements for market risk (FRTB reporting) (first reference date: 30 September 2021)
• New ITS on disclosure and reporting on MREL and TLAC
• Technical package for the ITS for the notification of impracticability of contractual recognition of the bail‐in clause
• Technical package for the ITS on reporting decisions on MREL

DEX Data Explorers has these new versions already available in DEX Regulatory Suite. Furthermore DEX offers functtionalty which enables you to compare two versions of a taxonomy. This way you can see easily which reports have been deleted, added or changed.

Capital Requirements Directive (CRD iv)

A lot of financial regulation centres on Basel III, the regulations that govern global, financial organisations. In Europe, these have been collected together into CRD (Capital Requirements Directive) iv. The point about CRD iv is that it brings together a whole set of governance around banking organisations post-2008 in order to prevent future liquidity crises.

CRD iv reporting

In order to be able to enforce the CRD iv regulation the European Banking Authority has defined an extensive set of reports. Market parties have to report about their financial position on a regular base. The following reporting sets (taxonomies) have been defined:

• COREP
• FINREP
• Funding Plans
• Asset Encumbrance
• Resolution
• Supervisory Benchmarking
• COVID 19 Moratoria
• Global Systemically Important Financial Institutions
• Investment Firms
• Renumeration
• Minimum requirement for own funds and eligible liabilities and Total Loss Absorbing Capacity (MREL_TLAC)
• MREL Decisions
• Notifications on impracticability
• Payments

DEX Regulatory Suite for EBA

In order to comply to the CRD iv regulations DEX Data Explorers offers DEX Regulatory Suite for EBA. DEX RS generates regulatory reports using the EBA specifications.

EBA has published a datapointmodel containing all definitions of the CRD iv reports. A datapointmodel is a database which contains all necessary information to generate the reports. DEX RS uses the information in the datapointmodel to generate the reports, validate the outcomes against the EBA validation rules and generate the XBRL interfaces. Since the reports are generated according to the EBA standards the reports are always compliant and conform the latest standards. Below an example of a FINREP report generated by DEX RS is shown.

DEX Data Explorers maintains the definitions of the reports according to the regulator standards. When updates to the standards are submitted, you as a customer will receive an update on the set of reporting definitions.

DEX Regulatory Suite offers the following functionality:

• Reports generated according to the latest standards
• Analysis tools for mapping of own data sets with the EBA CRD iv-model
• Validation of the data according to the validation rules defined by EBA; this gives you the possibility of validating the reports before you send them in
• XBRL generation in accordance with the standards of EBA
• Processing of the feedback of EBA
• Automatically generated documentation
• Workflow support
• Possibility to define your own reports
  
• Possibility to compare versions of taxonomies, so you can see which reports have been added, deleted or changed, and what the changes are

Analysis of new versions

EBA on a regular basis updates the lay-outs of the reports. DEX offers functtonality which enables you to compare two versions of a taxonomy. This way you can see easily which reports have been deleted, added or changed, and what the changes are. Below a comparison of the versions 2.9.1 and 3.0 of FINREP is displayed.

Design you own reports

On top of delivering the required regulatory reports DEX RS offers you the possibility of designing you own reports. This way you can reuse the data you use for regulatory reports for e.g. internal reports. You can also add your own calculations and validations.

Design graphs

With DEX RS you can design graphs using the data you loaded in the reports. You can for example compare datapoints over different periods, as shown in the graph below.

Available solutions

DEX Regulatory Suite supports the following regulations:

• CRD iv (COREP, FINREP, Funding Plans, Asset Encumbrance, Supervisory Benchmarking Portfolio)
• Sustainable Finance Disclore Regulation (SFDR)
• Prospectus data
• AnaCredit
• Residential Real Estate
• Deposit Guarantee Scheme
• MIFID ii
• SFTR
• EMIR
• Social Economic Reports
• Dutch Digital Reporting (DRA)
• Solvency
• IORP II
• Country Risk
• Financial Assessment Scheme (FTK)
• Tax reporting (VIA, Fatca)
• Premium Pension Institutions (PPI)
• Stress test

Addition Knowledge House and DEX Regulatory Suite

Addition Knowledge House (www.addition.nu) is a reseller of DEX Regulatory Suite. Addition Knowledge House delivers the following services with regards to DEX Regulatory Suite:

• Implementation support
• Maintenance
• Business process outsourcing

Addition Knowledge House offers the possibility to outsource large parts of the regulatory process. Addition can offer the following services using DEX RS:

• Collect the information source systems
• Generate the CRD iv reports and distribute them to interested parties
• Create the XBRL and send it to the regulator.

Each situation is unique. Addition Knowledge House will be happy to discuss how we can support your process in an optimal way.