ECB, EBA and Eiopa publish data point model agreement

Framework aims to maintain and streamline methods of reporting supervisory data

European Central Bank
The European Central Bank

The European Central Bank (ECB) and two supervisory agencies have published their agreement on the governance of their “data point model” (DPM).

The agreement, originally signed in March, set up a joint governance framework for the way the three organisations use the DPM. It aims to cut the costs for firms and authorities of reporting supervisory data by creating a common body to streamline procedures.

The ECB, the European Banking Authority (EBA) and the European Insurance and Occupational

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