The Central Bank of Ireland introduces an XBRL taxonomy for the Bank and Investment Firm Resolution Fund (BIFR)

The Central Bank of Ireland has released a new BIFR XBRL taxonomy which will come into effect from January 2023.

This taxonomy introduces an XBRL version of the BIFR 2023 Reporting Form for Contributions, which will replace the current method of submitting in Excel format.

This change applies to all credit institutions, Irish-authorised branches of credit institutions authorised in a non-European Economic Area territory (third-country branches), and investment firms in the scope of BRRD

The BIFR 2023 XBRL Taxonomy is derived from the Single Resolution Fund (SRF) 2023 XBRL taxonomy. Information on the 2023 SRF XBRL taxonomy is available on the Single Resolution Board’s 2023 ex-ante contributions webpage.

Report the BIFR reporting form in XBRL format using DPM Authority. Book a demo today to find out how DPM Authority can help you report the BIFR reporting form.

More information and the BIFR taxonomy are available on The Central Bank of Ireland’s Bank and Investment Firm Resolution Fund (BIFR)


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