August 28, 2018

ECB updated the validation checks performed on AnaCredit datasets (Version 1.2) and the list of national identifiers for AnaCredit reporting. The validation checks document supplements the AnaCredit Reporting Manual by explaining the key set of validation checks that will be performed to ensure that the quality of the data is satisfactory.

The document on validation checks provides detailed information and guidance on the AnaCredit reporting requirements, but does not contain any additional requirements and is not legally binding. Regulation (EU) 2016/867 of ECB, of May 18, 2016, on the collection of granular credit and credit risk data (ECB/2016/13) (also referred to as the AnaCredit Regulation) is the only legally binding document for AnaCredit data collection. Generally, validation checks ensure that the information registered in AnaCredit complies with the AnaCredit data model. Additionally, validation checks allow the data to be identified that, while logically compliant with the AnaCredit data model, are methodologically inconsistent. 

 

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Keywords: Europe, EU, Banking, AnaCredit, Reporting, Validation Checks, National Identifiers, ECB

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