Workshop on building a common data dictionary in EU financial services

General background information

On 20 October 2023, the Directorate General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) held a virtual workshop on building a common data dictionary in EU financial services. As set out in the Commission’s supervisory data strategy, building such a dictionary will be key to ensure consistency of reporting requirements and data standardisation. Having common standards to define the content and format of the data to be reported will also make it easier to share and reuse the data for different purposes. In addition, the data dictionary will contribute to other longer-term goals such as making reporting requirements machine-executable. Building on the efforts of the European Supervisory Authorities and other relevant authorities to develop sectoral dictionaries in their domains, the longer-term aim is to have a common dictionary in EU financial services.

The workshop brought together experts from EU and national authorities as well as the financial services industry to present and discuss their expectations for the common data dictionary, including the main use cases and the design requirements. The workshop was also an opportunity to get an overview of the state of play on the development of sectoral data dictionaries in banking, insurance, and financial markets and to exchange views on how to advance these dictionaries and bring them together into a common dictionary.

Programme

​Discussion paper

Presentations

Specific privacy statement

Webstreaming

No webstreaming required. Only registered participants will be able to take part.

Related links

Supervisory data collection (europa.eu)