JBRC — Terms and definitions relevant for integrated reporting
Tag: S-2026-03-jbrc-terms-integrated-reporting
Type: report
Author(s): Joint Bank Reporting Committee (JBRC), document JBRC 2026 006; initially prepared by the ESCB Working Group on Integrated Reporting and Data Dictionary (WG IRDD)
Date of source: 2026-03 (cited as “March 2026” in the JBRC Vision document; the PDF itself carries no day-level date)
Date ingested: 2026-08-21
Authority weight: high — official reference document of an EBA/ECB committee, published on the JBRC webpages
Raw file: _raw_sources/S-2026-03-jbrc-terms-integrated-reporting.pdf
What it claims
A reference document establishing common terminology for integrated banking reporting, “to ensure that a common language is used in the reporting from banks to authorities and when working with supervisory, resolution and statistical data in general.” It is a living document owned by the JBRC, maintained through its substructures with input from bodies such as the DPM Alliance.
It defines 37 terms across seven sections: (1) Data, Data Dictionary and Data models (11 terms incl. data, metadata, data element, granularity, data model, meta model, relational/dimensional modelling, ERM, data dictionary); (2) Levels of data modelling (conceptual, logical, implementation, physical); (3) Normalisation (normalisation, normalisation levels, denormalisation); (4) Integration of reporting (16 terms incl. semantics, semantic layer, concept, term, relation, taxonomy, ontology, decomposition, semantic integration via glossary / via decomposition, syntax, syntactic layer/integration, data integration, reporting integration); (5) Transformations (conceptual, technical, ETL); (6) Data quality management (DQM, business rule, conceptual/technical business rule); (7) Data collection/exchange (exchange format, data file, reporting requirement, regulatory integration, statistical reporting taxonomy). Two annexes cover data-modelling levels and metadata types (per DAMA-DMBoK).
Definitions reference established standards where relevant: ISO/IEC 11179 (concept, term, relation), OECD Glossary of Statistical Terms, SDMX, DPM, ISO 8000/61 (DQM breakdown).
Notable quotes
- “The Terms and definitions relevant for integrated reporting serves as a reference document for a common terminology to be used by all stakeholders in the field of integrated reporting.” (p.1)
- On semantic integration via decomposition: “This corresponds to the ‘define once’ principle.” (p.14)
- On reporting integration: “This corresponds to the ‘report once’ principle.” (p.15)
- “A taxonomy is a systematic arrangement of concepts from a specific legal source, framework, or policy, showing the relations between the concepts…” (p.11)
What’s speculative vs. asserted
Asserted: all 37 definitions, presented as the committee’s agreed common terminology. The document flags itself as living — definitions may be updated. Remarks columns note known ambiguities (e.g. “DPM” can refer to at least three facets; “taxonomy” has a different meaning in SDMX/DPM than in semantic integration).
Topics this feeds
- CLM Data Taxonomy Governance — JBRC vocabulary should be adopted for the Data Governance & Controls domain of the client glossary (3 exact matches today: Data Dictionary, Taxonomy, Business Rule; ≈34 JBRC terms absent).
- Joint Bank Reporting Committee — publisher entity.
Open questions raised
- Whether the JBRC Expert Group on the Common Data Dictionary (from H2 2026) will revise these definitions.
- The document defines metadata/data-modelling vocabulary only — business credit terms (loan, default, collateral) are out of its scope.