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    BCL Issues Instructions and Validation Rules for AnaCredit Reporting

    March 26, 2018

    BCL updated reporting instructions, list of reporting agents, and validation rules for reporting under the AnaCredit Regulation.

    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, Validation Rules, BCL

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