COREP & FINREP REPORTING

Our prudential reporting support ensures that your COREP  and FINREP submissions are prepared, reviewed and filed in full alignment with the European Banking Authority’s latest Implementing Technical Standards (ITS), Data Point Model (DPM) specifications and XBRL/XBRLCSV taxonomies.

The European Banking Authority (EBA)’s reporting framework now applies updated DPM structures and XBRL taxonomies designed to standardise data points, enforce validation rules and improve supervisory data quality across the EU. With Reporting Framework 4.2 and beyond, firms must also adapt to significant technical revisions, including the transition to XBRL-CSV for many report types from 2026 onwards, reflecting the EBA’s shift toward more efficient and scalable reporting formats.

We help firms navigate this increasingly complex environment by ensuring that every submitted return, whether via Cyprus Securities and Exchange Commission (CySEC)’s XBRL Portal or other EU National Competent Authorities (NCA) platforms, fully reflects the required technical formats, validation logic and regulatory definitions. This includes managing changes introduced through updated EBA packages, new validation rule sets, amended taxonomy structures and evolving FINREP datapoint requirements, each of which directly affects the accuracy and acceptability of submissions.

By implementing these standards consistently, institutions not only avoid rejections, re‑filings and supervisory findings, they reinforce the prudential integrity of their entire reporting process. Reliable COREP and FINREP submissions protect firms’ credibility, support informed regulatory dialogue and demonstrate that their financial and risk data is trustworthy, traceable and fully aligned with the EU’s harmonised reporting architecture.