Failed validation rules and plausibility checks

• 16th October 2019

As from reference date 30/09/2019, all failed validation rules and plausibility checks (for all XBRL reports ending on _ind/_con) will be considered as “errors” in OneGate (there will be no distinction between “warnings” and “errors” anymore).

This is necessary as the ECB considers a report only as “fully valid” in case no “warnings” or “errors” are present, so it is no longer possible to close a report in OneGate when not all EBA validation rules and ECB EGDQ checks are respected. In case such an “error” would not be justified, the following procedure remains valid:

• For failed EBA validation rules (both “errors” and “warnings”), an EBA Q&A has to be submitted and presented to your prudential supervisor.
• For failed ECB EGDQ checks, your prudential supervisor has to be provided with a justification which will be assessed together with the ECB.