BCL updated the instructions, list of reporting agents, validation rules (version 1.5.1), and Statistical Data and Metadata eXchange (SDMX) diagrams (version 1.0.4) for AnaCredit reporting. Version 1.5.1 of the validation rules are applicable immediately, since no new rules have been added and the changes relate to existing rules. SDMX version 1.0.4 encompasses updated technical specifications, structure of cubes, facets, and subdomains. Version 1.0.4 of the SDMX diagrams will be applicable and mandatory from the reference date of September 30, 2020. Therefore, from October 01, 2020, all submissions and re-submissions must be reported according to version 1.0.4. Re-submissions should always be submitted using the latest version of the SDMX schema in effect, not the version of the SDMX schema that were valid on the re-submission reference date.
The document on technical specifications describes the technical format for the collection of the AnaCredit reporting at BCL. It is based on the Data Exchange Format document provided by ECB to the national central banks for the secondary reporting. The technical format is based on the Single Multidimensional Metadata Model (SMCube) methodology and on the format used by ECB based on SDMX-ML (part of the SDMX 2.1 technical standard). Version 2.4.2 of the reporting instructions contains changes that cover data flow schema update, clarification regarding the types of quality reports, DQI sub-chapter, and clarification regarding international organizations.
Related Links (in French)
Keywords: Europe, Luxembourg, Banking, AnaCredit, Validation Rules, Instructions, SDMX, SM Cube, Statistical Reporting, BCL
Previous ArticleESAs to Discuss Proposed ESG Disclosure Standards with Stakeholders
The Hong Kong Monetary Authority (HKMA) revised the Supervisory Policy Manual module CG-5 that sets out guidelines on a sound remuneration system for authorized institutions.
The European Banking Authority (EBA) published the final guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate parent undertakings in European Union (EU), as laid down in the Capital Requirements Directive (CRD).
In a recent Market Notice, the Bank of England (BoE) confirmed that green gilts will have equivalent eligibility to existing gilts in its market operations.
The Financial Conduct Authority (FCA) published the policy statement PS21/9 on implementation of the Investment Firms Prudential Regime.
The European Banking Authority (EBA) proposed regulatory technical standards that set out criteria for identifying shadow banking entities for the purpose of reporting large exposures.
The Board of the International Organization of Securities Commissions (IOSCO) proposed a set of recommendations on the environmental, social, and governance (ESG) ratings and data providers.
The European Securities and Markets Authority (ESMA) published recommendations from the Working Group on Euro Risk-Free Rates (RFR) on the switch to risk-free rates in the interdealer market.
The European Central Bank (ECB) published a paper as well as an article in the July Macroprudential Bulletin, both of which offer insights on the assessment of the impact of Basel III finalization package on the euro area.
The International Swaps and Derivatives Association (ISDA) published a paper that explores the impact of the Fundamental Review of the Trading Book (FRTB) on the trading of carbon certificates.
The Prudential Regulation Authority (PRA) published the remuneration policy self-assessment templates and tables on strengthening accountability.