Regulatory Alerts2017-11-23
Communications - Harmonized Supervisory Reporting: Schedule for Transition to DPM/XBRL Methods
The Bank of Italy issued this communication on October 18, 2017, to update the transition schedule for harmonized European supervisory reporting to the Data Point Model (DPM) and XBRL formats. The document specifies effective dates for various reporting modules, notably delaying Additional Liquidity Monitoring, NSFR indicators, and Large Exposures to align with EBA standards and reduce compliance costs. It further confirms that FINREP IFRS 9 transition dates remain unchanged and mandates that intermediaries rely exclusively on European harmonized reporting rules, leading to the gradual repeal of previous circulars.
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