About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Lombard Risk Offers Free XBRL-Checker to Support Corep Compliance

Subscribe to our newsletter

Lombard Risk Management is offering firms that must comply with the latest Common Reporting (Corep) rules a free eXtensible Business Reporting Language (XBRL) checker to help them resolve XBRL validation errors that can occur when submitting required reports to the UK Financial Conduct Authority (FCA).

The FCA’s Gabriel reporting system has been in place since April 1, 2014 for firms to test and submit reports, ahead of the 30 June deadline for compliance with the Corep rules. To ease the Corep reporting process, which requires reports to be submitted in the XBRL format, Lombard’s online XBRL-Checker helps firms gain insight into Assertion ID codes, essentially error codes issued by report submission systems, allowing them to identify XBRL errors and resolve them.

Nick Davies, chief technology officer at Lombard Risk, explains: “We started hearing from firms that were not using Lombard Risk Reporter that they were experiencing problems understanding the regulators’ submission validation error codes and Assertion IDs, so we developed this free-to-use application to provide some relief. XBRL-Checker makes it easier to investigate errors.” XBRL-Checker is free to use for all firms, whether or not they are Lombard Risk clients.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

Reconciliation No Longer Has Time On Its Side as T+1 Approaches

By John Bevil, senior product manager at Xceptor. Europe’s capital markets firms are entering the most consequential phase of T+1 preparation. From 11 October 2027, trades executed in European markets are expected to settle one business day after trade date, reducing the settlement cycle from T+2 to T+1. More than 4 trillion euros of securities...

EVENT

Digital Assets & Tokenisation Briefing, New York

A-Team Group’s Digital Assets & Tokenisation Briefing assembles an exclusive group of CxOs and senior technology innovators. These leading market practitioners and infrastructure providers are collectively building the digital rails and decentralised networks that will power Wall Street 2.0.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...