March 21, 2019

ECB updated the AnaCredit validation checks (Version 1.4) and the list of national identifiers (version 2.4) for AnaCredit reporting. The validation checks document supplements the AnaCredit reporting manual by explaining the main set of validation checks that will be performed to ensure that the quality of data is satisfactory.

The updated version of validation checks include syntax improvements for six consistency checks and one completeness check, removal of five consistency validation checks, and the incorporation of nine revised consistency checks. In the list of national identifiers, ECB amended the reporting format of identifiers—LT_INV_CD and LV_FON_CD (including description). Additionally, the reporting format description of identifier IT_CCIAA_CD has been further clarified.

Validation checks ensure that the information registered in AnaCredit complies with the AnaCredit data model. These checks also allow the methodologically inconsistent data (although the data might be logically compliant with the AnaCredit data model) to be identified. The published validation checks are a minimum set of self-contained rules, which the data reported to AnaCredit must satisfy to ensure that the information is complete and consistent, in accordance with the principles of the AnaCredit data model. 

 

Related Links

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

Related Articles
News

SEC Proposes to Improve Cross-Border Application of SBS Requirements

SEC proposed a package of rule amendments and interpretive guidance to improve the framework for regulating cross-border security-based swaps (SBS) transactions and market participants.

May 24, 2019 WebPage Regulatory News
News

US Agencies Propose to Amend Regulatory Framework for Foreign Banks

US Agencies (OCC, FED, and FDIC) proposed a regulatory framework for foreign banks operating in the U.S. that would more closely match the rules for foreign banks with the risks they pose to the U.S. financial system.

May 24, 2019 WebPage Regulatory News
News

FSB to Evaluate Effects of Too-Big-To-Fail Reforms for Systemic Banks

FSB is seeking feedback as part of its evaluation of the effects of the too-big-to-fail reforms for banks.

May 23, 2019 WebPage Regulatory News
News

OSFI Revises Covered Bond Limit Calculation for Deposit Takers

OSFI is updating the covered bond limit calculation, which was last revised in December 2014.

May 23, 2019 WebPage Regulatory News
News

APRA Releases Minor Changes to Reporting Standards on SA-CCR for Banks

APRA released minor changes to the three reporting standards for the standardized approach for measuring counterparty credit risk exposures (SA-CCR).

May 22, 2019 WebPage Regulatory News
News

APRA on Industry Self-Assessments into Governance and Accountability

APRA released an information paper analyzing the self-assessments performed by 36 of the country’s largest banks, insurers, and superannuation licensees in response to the final report on the Prudential Inquiry into the Commonwealth Bank of Australia (CBA).

May 22, 2019 WebPage Regulatory News
News

PRA Consults on Maintenance of TMTP Under Solvency II

PRA published a consultation paper (CP11/19) that sets out its approach to update supervisory statement (SS6/16) on maintenance of the transitional measure on technical provisions (TMTP) under Solvency II.

May 22, 2019 WebPage Regulatory News
News

EBA Regards Regulatory Framework in Argentina to be Equivalent to EU

EBA published its opinion that the supervisory and regulatory framework applicable to credit institutions in Argentina can be regarded as equivalent to that applied in EU.

May 22, 2019 WebPage Regulatory News
News

RBNZ Reviews Restrictions on Policy for Loan to Value Ratio

RBNZ published a report on the review of the loan to ratio (LVR) restrictions as part of a wider review of the macro-prudential policy.

May 22, 2019 WebPage Regulatory News
News

APRA Proposes to Amend Guidance on Residential Mortgage Lending

APRA is consulting on revisions to the prudential practice guide APG 223 on residential mortgage lending in Australia.

May 21, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3127