XBRL REPORTING SOFTWARE FOR EBA PILLAR III DISCLOSURES
The EBA’s New ESG Disclosure Requirements for Banks
The European Banking Authority (EBA) has introduced new disclosure requirements for banks regarding their environmental, social, and governance (ESG) risks and strategies. These requirements aim to provide stakeholders with a comprehensive understanding of banks’ exposure to climate change and their efforts to mitigate these risks and align their operations with sustainable development goals.
European Banking Authority
Pillar III Disclosures
The EBA’s new disclosure requirements cover three main areas:
- Climate Risks: Banks are mandated to disclose how climate change may exacerbate other risks within their balance sheets. This includes identifying potential risks associated with stranded carbon-intensive assets, loans to property in areas susceptible to climate-related events, and credit risk exposure to industries highly vulnerable to climate change impacts.
- Mitigating Actions: Banks are required to outline the mitigating actions they have in place to address climate-related risks. This includes disclosing policies and procedures aimed at reducing carbon emissions, investing in renewable energy projects, and supporting sustainable practices across their lending portfolios.
- Green Asset Ratio and Banking Book Taxonomy Alignment Ratio: These ratios provide insights into banks’ commitment to financing activities aligned with the Paris Agreement’s objectives of climate change mitigation and adaptation. The Green Asset Ratio measures the proportion of a bank’s assets classified as green under the EU taxonomy, while the Banking Book Taxonomy Alignment Ratio indicates the extent to which a bank’s financing activities align with the taxonomy’s criteria.
In addition to these quantitative measures, the EBA also requires banks to provide a detailed description of their ESG strategies, governance frameworks, and risk management arrangements related to ESG risks. This comprehensive disclosure framework aims to provide stakeholders with a holistic understanding of banks’ approach to ESG considerations across their operations.
DPM Authority Features.
Generate XBRL tagged input sheets by selecting from the list of available templates included in the taxonomy. Generate and link to Excel versions of the sheets for easy population and automation.
Automate the report using a simple drag and drop interface. Link data points to data in Microsoft Excel, Oracle Hyperion HFM, Essbase and Relational Databases.
Validate and resolve data issues using DPM Authority’s interactive validation messages designed to take you right to the cause of any data quality issues.
Export your templates, QRTs or NSTs into XBRL format for submission to your supervisor’s submission gateway.
EBA XBRL Reports Supported by DPM Authority
- COREP Own Funds (OF)
- COREP Additional Liquidity Monitoring (ALMM)
- COREP Liquidity Coverage (LCR)
- COREP LCR Delegated Act (LCR DA)
- COREP Large Exposures (LE)
- COREP Leverage Ratios (LR)
- COREP Stable Funding (NSFR)
- FINREP
- Asset Encumbrance (AE)
- Funding Plans (FP)
- ESG Pillar 3 disclosures
- Supervisory Benchmarking Portfolio (SBP)
- Resolution Planning (RES)
- Remuneration (REM)
- Fraudulent Payments (PAY)
- Investment Firms Reporting (IF)
- IMPRAC
- MREL
- TLAC
- G-SII indicators
- Intermediate EU parent undertakings (IPU)
- Interest Rate Risk in the Banking Book (IRRBB)
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ESG Reporting Software
CSRD ESRS
- Report ESEF and ESG disclosures
- Automate the production of your annual financial statements and ESG disclosures
- Link to data from OneStream, Oracle HFM & Essbase, and Excel
- XBRL tag using a simple drag-and-drop interface, AutoTag, suggested tags and advanced search functionality
- Identify and resolve tagging errors with interactive validation results
- Export to a variety of formats such as PDF, Word and xHTML
EBA ESG PIllar 3
- EBA ESG Pillar 3 template generation
- Generate and import Excel versions of the templates
- Interactive validations results
- Automatic calculations
- Connect to data in OneStream
- Connect to data in Oracle EPM (HFM & Essbase)
- Import data from SQL
- Migrate mappings and data between different taxonomy versions
- Generate XBRL instance documents
REQUEST A DEMO:
- Seeing it operate is the best way to understand how it works.
- We can answer any questions for your specific requirements.
- Together we can assess how our solution will work for you.
GET THE DATASHEET FOR DPM AUTHORITY
HOW DOES IT WORK?
1. Select your reporting framework.
Choose from our library of DPM reporting frameworks presented by jurisdiction and regulator, for example:
- EBA CRD IV (COREP / FINREP)
- EIOPA Solvency II QRTs
- Single Resolution Board LDR
- Other European and national reporting frameworks
2. Select which templates to report.
DPM Authority presents all available templates in the reporting framework. Initialised templates are intuitively displayed containing automatic calculations and tagged as described by the XBRL taxonomy.
3. Link templates to data sources.
DPM Authority can generate and link to Excel versions of the templates. These workbooks can be used to automate reported data points using calculations and linking to external data sources.
To avoid the need to develop and maintain intermediate Excel workbooks, templates can be mapped using simple drag-and drop functionality to any of the following data sources:
- Oracle HFM, Essbase & Planning
- Microsoft SQL Server
- OneStream.
4. Validate to ensure acceptance of submission.
DPM Authority provides interactive validation results to quickly identify and resolve validation errors that may cause the rejection of a submission by the regulator. Our software uses the same validation mechanism as is used at the regulator’s submission gateway.
5. Migrate workings to new versions of the reporting frameworks.
Reporting frameworks will change and to minimise disruption, DPM Authority provides tools to migrate workings in Excel Sheets or custom data mappings to new versions of reporting frameworks.
DPM AUTHORITY FEATURES
Generate XBRL tagged input sheets by selecting from the list of available templates included in the taxonomy. Generate and link to Excel versions of the sheets for easy population and automation.
Automate the report using a simple drag and drop interface. Link data points to data in Microsoft Excel, Oracle Hyperion HFM, Essbase and Relational Databases.
Validate and resolve data issues using DPM Authority’s interactive validation messages designed to take you right to the cause of any data quality issues.
Export your templates, QRTs or NSTs into XBRL format for submission to your supervisor’s submission gateway.
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