The Bank and Insurance Working Group has been created in 2008 to contribute to the regulatory reporting process for the banking and insurance sectors in Europe (institutions under supervision of EBA/ECB and EIOPA), with the following main objectives:
- Gather and share experiences and lessons learned from preparers
- Liaise and facilitate the dialogue between various stakeholders related to COREP, FINREP and Solvency II
Since 2019, with a renewed mandate and team, the group has regular meetings, as recorded on this page.
2019-2023 Co-Chairs: Vincent LE MOAL-JOUBEL, Banque de France, XBRL France – Thomas VERDIN, BM&A / TESH, XBRL UK and XBRL Europe.
In 2023, ad hoc meetings will be organised according to updates on regulatory reports and integrated reporting developments, as well as a yearly session with regulators in May 2023 during the XBRL Europe Conference in Rome.
MINUTES OF PREVIOUS AND FUTURE MEETINGS (2022 & 2023):
> 2023[23MAY] : during the XBRL Europe Conference in Rome
> 2023 February: Ad hoc meetings on Banking Reports Validations, creating two subgroups:
– March: Letter to EBA and NCAs, sharing ideas on DPM Refit
– March to June: Roadmap for improving the standard to EBA’s needs
> 2022[13JUNE] during the XBRL Europe Conference in Paris
MINUTES OF PREVIOUS MEETINGS (2021):
> 2021-1[14JAN] +POWERPOINT
> 2021-2[11FEB]
> 2021-3 [MAR] subgroups (no minutes but reports in the next plenary)
> Answer to the IReF CBA prepared by the group
> 2021-4 [08APR] +POWERPOINT
> 2021-5 [MAY] subgroups (no minutes but presentations during XEU Days)
> Answer to the EBA DP on IR prepared by the group
> 2021-6 [08JUN] +POWERPOINT
> B&I Session during the XBRL Europe Summer Days
MINUTES OF PREVIOUS MEETINGS (2020):
> 2020-1[05FEB] +POWERPOINT
> 2020-2[05MAR] +POWERPOINT
> 2020-3[02APR] +POWERPOINT
> 2020-4[15APR] special call for volunteers
> 2020-5[29APR] follow-up meeting for members’ presentations
> 2020-6[19MAY] follow-up meeting for member’s presentations
> 2020-X[16JUNE] Bank&Insurance Track during XBRL Europe Week
MINUTES OF PREVIOUS MEETINGS (2019):
> 2019-1[17JAN]
> 2019-2[08FEB] +NEWS +UDPATE +SBS
> 2019-3[29MAR] +SBSTAXO(draft) +VALUETRACKCHANGE(draft)
> 2019-4[24 APR] +PENSIONFUNDS +VALUETRACKCHANGE(reviewed)
> 2019-5[28MAY] +NEWS +VALUETRACKCHANGE(letter)+(final)
> 2019-6[25JUNE] Updated minutes including SBS remarks
> 2019-7[16JULY] +NEWS
> 2019-8[25SEP] +NEWS +USECASE(initial)
> 2019-9[31OCT] +NEWS +USECASE(tolaunch)
> 2019-10[29NOV]
The 2021-2022 mandate and roadmap is presented below.
Based on the 2019 initial mandate, it has been reviewed in early 2021 and confirmed in June 2022.
| MANDATE/ROADMAP FOR THE BANK & INSURANCE WORKING GROUP IN 2021-2022 |
| I) Share news on the updates and modifications of the taxonomies for banking and insurance [continuation of previous years] Entry by taxonomy owner (EBA, EIOPA, ECB, SRB) – Discuss roadmap – Discuss technical issues (validations, wrong modelling) – Follow agenda of change/update – Share on implementation issues (new standards, changes in filing process) |
| II) Exchange points of view from filers, regulators, service providers on reporting concepts/process [central task in 2021] Entry by business concept / semantic (transversal) – Followup on EBA DPM Refit – Followup on ECB IReF (integrated reporting framework) – Followup on XII OIM developments / XBRL CsV – Use of Inline XBRL for Regulatory Reporting – Link between ESEF and FINREP |
| III) Link between ESEF and banks/insurance – With a special focus on links between ESEF & FINREP (bank) |
| IV) Extend contacts with industry members and representatives |
