The DPM Standard 2.0 enhances the methodology that is at the core of the EBA and EIOPA reporting process, creating a fully consistent approach for modelling reporting requirements. In that sense, the DPM Standard supports experts preparing or using regulatory reporting data by providing a structured representation of the information, identifying all the business concepts and their relations, as well as validation and calculation rules.
The Data Point Model (DPM) Standard is a key component of the data dictionary used by the EBA and EIOPA to define concepts for the harmonised regulatory data requirements applicable to financial institutions in the European Economic Area (EEA).
The Data Point Model 2.0 (DPM - Refit Project) It is composed of the annotated templates for the PEPP PR, Solvency II and for the pension funds with the common DPM dictionary. The data point model (DPM) implements the uniform and consistent definitions included in the implementing technical standards (ITS), guidelines and Board of Supervisors decisions on reporting and disclosure. (2.07 MB - ZIP) Download The Data Point Model (DPM)Ī structured representation of the data, identifying all the business concepts and their relations, as well as validation rules. Read the document below to find out more about the upcoming changes in EIOPA’s taxonomy releases : To allow the market to anticipate and to adapt to these changes, we are explaining in the document below what business and technical changes we are introducing, what consequences this will have and when they will be introduced. Currently, EIOPA reporting taxonomy package not only includes Solvency II (for insurance and reinsurance undertakings, Special Purpose Vehicles and branches from third country insurance undertakings), but also the reporting for EIOPA Financial Stability purposes, ECB Insurance Statistics, EIOPA information needs on IORPs, ECB Pension Funds Statistics, information on PEPP prudential (integrated and stand alone to cover reporting entities from all financial sectors) and, finally, also the Solvency II disclosure package.ĮIOPA is introducing a more automated and efficient way to produce taxonomies, reducing the risk for mistakes and mitigating the frequency and impact of business and technical changes in the implementation of reporting requirements.
0 kommentar(er)
