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    BCL Updates Instructions and Validation Rules for AnaCredit Reporting

    January 15, 2018

    The Central Bank of Luxembourg (BCL) updated the reporting instructions, validation rules, technical specifications for collection, and list of reporting agents for AnaCredit. BCL added information about data collection operation and data quality management in the updated version of AnaCredit reporting instructions. The technical specifications for collection are based on the SDMX-ML-based format that ECB uses. The document is based on the “Data Exchange Format” provided by ECB to the national central banks for secondary reporting. BCL also published updated reference documents related to AnaCredit that include lists of legal forms, national identifiers, and international organizations.

    AnaCredit regulation (EU Regulation No 2016/867) on the collection of granular credit and credit risk data was approved in May 2016. Analytical Credit Dataset, or AnaCredit, comprises the collection of granular credit data based on harmonized ECB statistical reporting requirements. The objective is to establish a common granular credit database shared between the Eurosystem members, comprising input data for all euro area member states. The AnaCredit data will support ECB and central banks in performing their central banking and supervisory functions, including monetary policy analysis and operations, risk management, financial stability surveillance, statistics, macro-prudential policy, and research. This regulation was transposed in Luxembourg via Circular 2017/240 titled “Introduction of a granular credit risk.”


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    Keywords: Europe, Luxembourg, Banking, Reporting, AnaCredit, SDMX-ML, BCL

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