The European Banking Authority (EBA), the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) have launched a two-month public consultation on enhancements to their Data Point Model (DPM) metamodel, aiming to support the next steps towards integrated European reporting across all regulatory frameworks in the financial sphere. The consultation, opened on 31 July 2026, introduces DPM 2.1, a new version of the shared metadata model that builds on the existing DPM—a structured, consistent and machine-readable approach to regulatory metadata. The proposal also includes naming conventions for a consistent approach to metadata, intended to enhance consistency across regulatory reporting frameworks and support the effective use of a common data dictionary. The deadline for submitting comments is 30 September 2026.
The DPM Alliance, a joint initiative of the three authorities, describes DPM 2.1 as an important milestone that will reduce complexity, improve data quality and lower reporting costs for financial institutions. It will facilitate the integration and alignment of the EBA's integrated prudential and resolution reporting frameworks and the ESCB Integrated Reporting Framework (IReF). Specifically, the new version introduces enhanced metadata versioning and extends the metamodel to host logical data models. The naming conventions, published alongside the consultation, provide guidelines for naming metadata used in reporting, aiming to ensure a common approach across different frameworks.
This initiative follows a series of steps by the authorities to streamline reporting. In June 2023, the EBA and EIOPA published DPM Standard 2.0, responding to reporting requirements that had increased in scale, granularity and complexity. In March 2024, the EBA, EIOPA and the ECB established the DPM Alliance to extend DPM to ECB statistical reporting and jointly govern the standard going forward, with the Single Resolution Board (SRB) participating as an observer. The current consultation builds on these efforts, which also include the EBA's October 2025 report on reporting efficiency and already implemented simplification actions.
The consultation is open for two months, and responses can be submitted via the DPM 2.1 public consultation page. Unless requested otherwise, all contributions received will be published after the consultation closes. The DPM Alliance is committed to making financial sector statistical and supervisory reporting across the EU simpler, smarter and more proportionate.
The proposed changes are expected to have a moderate impact on financial institutions, which will need to adapt their reporting systems to the new metadata model and naming conventions, potentially incurring implementation costs. However, the long-term benefits include reduced complexity and lower reporting costs. National supervisory authorities will also be affected, as they will need to align their reporting frameworks with the new standards. The consultation provides an opportunity for stakeholders to influence the final design of DPM 2.1, with the authorities aiming to balance the need for detailed, high-quality data with the desire to reduce the burden on reporters.