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
- 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.