EBA, EIOPA and ECB set up a joint governance framework for the collaboration on the DPM 2.0 standard

EBA, EIOPA and ECB set up a joint governance framework for the collaboration on the DPM 2.0 standard

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/publications-and-media/press-releases/eba-eiopa-and-ecb-set-joint-governance-framework-collaboration-dpm-20-standardhttps://www.eba.europa.eu/publications-and-media/press-releases/eba-eiopa-and-ecb-set-joint-governance-framework-collaboration-dpm-20-standard
Retrieved on: 
Thursday, April 18, 2024
Information
Tags: 
EBA, Central bank, ECB, Committee, 2.0, EIOPA, Pension, Metadata, DPM, European Central Bank, Real estate
Summary
Key Points: 
  • EBA, EIOPA and ECB set up a joint governance framework for the collaboration on the DPM 2.0 standard
    The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) set up a Data Point Model (DPM) alliance, establishing a common governance framework for the collaboration on the DPM 2.0 Standard.
  • Following the publication by the EBA and EIOPA of the DPM 2.0 standard in June 2023, the two ESAs together with the ECB have agreed on the common arrangements that will govern their cooperation on DPM 2.0 (the DPM alliance).
  • Under the DPM alliance, the EBA, EIOPA and ECB will together govern the DPM 2.0 standard and cooperate in the DPM methodology for modelling reporting requirements, the metamodel used for populating the reporting requirements and the associated documentation.
  • The DPM alliance is established through a Memorandum of Understanding that was signed by the EBA, ECB, and EIOPA.
Copyright: 
2024 EBA. All Rights Reserved.