Bundesbank Updates Requirements Documentation for AnaCredit Reporting
Bundesbank updated AnaCredit reporting requirements for banks, with reference to the Notice 8001/2020. The reports are to be submitted to Bundesbank by credit institutions resident in Germany and by German branches of credit institutions that are resident abroad. The reports are to be submitted electronically, via the Bundesbank ExtraNet, in accordance with the prescribed reporting templates from Bundesbank.
In general, reporting agents are expected to submit the following data to Bundesbank (Article 6(1) in conjunction with Annex I of Regulation (EU) 2016/867):
- Counterparty reference data. This data is to be reported once only, upon the counterparty entering into a contract registered in AnaCredit, and are to be re-submitted each time there is a change to one or more records’ data attributes. If a change takes place to one or more of the data attributes, the reporting agent must report not only each of the altered data attributes but all data attributes relating to the counterparty reference dataset record.
- Static credit data. This data is to be submitted once only, upon registration of the instrument in AnaCredit or upon receipt of any protection as security, and is to be re-submitted each time there is a change to one or more data attributes. If a change takes place to one or more of the data attributes, the reporting agent must report not only each of the altered data attributes but all data attributes relating to that static credit data record in respect of Instrument data, Counterparty-instrument data, and Protection received data
- Dynamic credit data. This concerns the reporting of dynamic credit data that are to be transmitted on a monthly basis. These data include financial data, joint liabilities data, instrument-protection received data, counterparty risk data, and counterparty default data.
- Accounting data. Other data that is to be submitted on a quarterly basis include accounting data.
Related Links
Keywords: Europe, Germany, Banking, AnaCredit, Reporting, Bundesbank
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Previous Article
OSFI Consults on Revisions to BCAR and Leverage Requirements ReturnsRelated Articles
US Agencies Issue Regulatory Updates, FDIC Launches Tech Sprint
The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.
EBA Issues Guide on Bank Resolvability, Consults on Transferability
The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).
MFSA Publishes CRD5 Updates and Supervisory Priorities for 2022
The Malta Financial Services Authority (MFSA) updated the guidelines on supervisory reporting requirements under the reporting framework 3.0.
HKMA Extends Repayment for Trade Facilities, Consults on Crypto-Assets
The Hong Kong Monetary Authority (HKMA) published a circular, along with the reporting form and instructions, for self-assessment, by authorized institutions, of compliance with the Code of Banking Practice 2021.
FCA Registers Securitization Repositories; PRA Issues 2022 Priorities
The Financial Conduct Authority (FCA) decided to register European DataWarehouse Ltd and SecRep Limited as securitization repositories under the UK Securitization Regulation, with effect from January 17, 2022.
EC Regulation Sets Out Methods for Measuring K-Factors Under IFR
The European Commission (EC) published the Delegated Regulation 2022/25, which supplements the Investment Firms Regulation (IFR or Regulation 2019/2033) with respect to the regulatory technical standards specifying the methods for measuring the K-factors referred to in Article 15 of the IFR.
BIS Studies How Platform Models Impact Financial Stability & Inclusion
The Bank of International Settlements (BIS) published a paper that assesses the ways in which platform-based business models can affect financial inclusion, competition, financial stability and consumer protection.
CBE Issues Additional Measures to Ease Disruptions from Pandemic
The Central Bank of Egypt (CBE) published a circular with instructions on emergency liquidity assistance to banks that are unable to meet their liquidity requirements.
ESAs Publish List of Financial Conglomerates for 2021
The European Supervisory Authorities (ESAs) published the list of identified financial conglomerates for 2021.
APRA Licenses Two More Banks, Reduces Committed Liquidity Facility
The Australian Prudential Regulation Authority (APRA) updated the list of authorized deposit-taking institutions, granting license to Barclays Bank PLC and Crédit Agricole Corporate and Investment Bank to operate as foreign authorized deposit-taking institutions under the Banking Act 1959.
