On 20 March 2024, the European Central Bank (ECB) published a Memorandum of Understanding (MoU) that it had entered into with the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) concerning the establishment of a common Data Point Model (DPM) governance framework.

The DPM methodology is a metamodel standard that structures and harmonises reporting definitions and the processing of regulatory data from authorities to the EBA and EIOPA. The EBA, EIOPA and ECB are entering into the MoU to establish a joint governance framework for the purposes of collaborating on upgrading and maintaining the DPM standard, designating the DPM methodology for modelling reporting requirements, using the metamodel for populating the reporting requirements, and maintaining the associated documentation (excluding the content of the metamodel).