The EBA-ECB-EIOPA “Data Point Model Alliance” consults on improvements to their data dictionary metamodel to better support statistical and supervisory reporting
AI Analysis
The EBA-ECB-EIOPA Data Point Model (DPM) Alliance has launched a two‑month public consultation on DPM 2.1, a new version of the common metadata model and associated naming conventions intended to support integrated statistical and supervisory reporting in the EU. This is a standard-setting initiative that will shape how prudential, resolution and statistical data are modelled, named and reported across banking, insurance and pensions sectors.
Key dates
- 2026-07-31
- Launch of the public consultation on DPM 2.1 and publication of naming conventions for metadata used in reporting
- 2026-09-30 Deadline
- Deadline for submitting comments to the DPM 2.1 public consultation
- 2023-06-01
- Publication month of DPM Standard 2.0 by EBA and EIOPA, establishing the current baseline data dictionary standard
- 2024-03-01
- Establishment of the DPM Alliance joint governance framework by EBA, EIOPA and ECB to extend DPM to ECB statistical reporting
Suggested considerations
- Compliance teams may wish to review the DPM 2.1 factsheet and the published naming conventions to understand proposed changes in metadata versioning, logical data model support and naming structures, and how these could impact existing COREP, FINREP, resolution and insurance reporting implementations.
- Regulatory reporting and technology teams should consider mapping current data dictionaries and reporting taxonomies (including those used for CRR/CRD prudential reports, BRRD/SRB resolution reports and EIOPA insurance and pensions reports) against the DPM 2.1 metamodel to assess the scale of future migration effort and potential system changes.
- Firms should consider engaging in the consultation process, either directly or via industry bodies, to provide feedback on the practicality of the proposed metamodel and naming conventions, particularly where they affect multi-framework reporting or large-scale data integration projects.
- Compliance and regulatory change functions may wish to flag DPM 2.1 internally as a strategic development in EU reporting architecture and ensure it is reflected in medium-term reporting transformation programmes, including planning for alignment with the ESCB Integrated Reporting Framework (IReF).
- Reporting vendors and in-house IT teams should consider evaluating whether their current regulatory reporting tools and data models can support DPM 2.1’s enhanced versioning and logical data model capabilities, and identify potential design changes needed to remain aligned with future EBA, EIOPA and ECB requirements.
- Supervisory liaison and public policy teams may wish to monitor subsequent EBA, EIOPA, ECB and SRB communications following the close of the consultation for indications of timelines when DPM 2.1 and the naming conventions will become expected or mandatory for specific reporting frameworks.
What changed
The DPM Alliance is consulting on DPM 2.1, an updated version of the DPM metadata model that introduces enhanced metadata versioning and extends the metamodel to host logical data models, with the explicit objective of supporting integrated European reporting across all regulatory frameworks in the financial sphere. The consultation also covers newly published naming conventions that set out a common approach for naming metadata used in reporting, designed to ensure consistent use of the common data dictionary across regulatory reporting frameworks. DPM 2.1 builds on DPM Standard 2.0, which was published in June 2023, and is intended to further reduce complexity, improve data quality and lower reporting costs for institutions subject to EBA, EIOPA and ECB reporting. The initiative aims to
Compliance impact
The immediate compliance impact is moderate because this is a consultation rather than a binding rule, but it foreshadows significant medium-term changes to how EU prudential, resolution and statistical reports are modelled and integrated. The alliance emphasises reduced complexity, improved data quality and lower reporting costs, indicating that supervisors expect firms to adapt systems and data
Who is affected
Related regulations
AI-generated analysis. May contain errors or omissions — verify with the original EBA source before acting. Full disclaimer.
What the EBA said
The Data Point Model Alliance, a joint initiative of the EBA, ECB and EIOPA, is committed to making financial sector statistical and supervisory reporting across the EU simpler, smarter and more proportionate. To facilitate the integration of reporting, they launched today a public consultation on enhancements to…
Extract from EBA . Read the full notice at the source for the authoritative text.