Featured Product

    Bundesbank Updates Requirements Documentation for AnaCredit Reporting

    May 03, 2021

    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
    Related Articles
    News

    EBA Clarifies Use of COVID-19-Impacted Data for IRB Credit Risk Models

    The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.

    June 21, 2022 WebPage Regulatory News
    News

    BIS Hub Updates Work Program for 2022, Announces New Projects

    The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.

    June 17, 2022 WebPage Regulatory News
    News

    US Senate Members Seek Details on SEC Proposed Climate Disclosure Rule

    Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)

    June 16, 2022 WebPage Regulatory News
    News

    EIOPA Consults on Review of Securitization Framework in Solvency II

    The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.

    June 16, 2022 WebPage Regulatory News
    News

    UK Authorities Issue Regulatory and Reporting Updates for Banks

    The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.

    June 15, 2022 WebPage Regulatory News
    News

    BaFin Consults on Resolvability Requirements for Resolution Planning

    The Federal Financial Supervisory Authority of Germany (BaFin) proposed to amend the “Capital Investment Conduct And Organization Ordinance” and issued a draft circular on the minimum resolvability requirements for resolution planning.

    June 10, 2022 WebPage Regulatory News
    News

    EBA Consults on Certain Standards and Guidelines Under CRR and BRRD

    The European Banking Authority (EBA) proposed guidelines, for the resolution authorities, on the publication of the write-down and conversion and bail-in exchange mechanic, with the comment period ending on September 07, 2022.

    June 08, 2022 WebPage Regulatory News
    News

    OJK Publishes Regulatory Updates for Financial Sector Entities

    The Financial Services Authority of Indonesia (OJK) is strengthening cooperation with the Australian Prudential Regulation Authority (APRA) and the Japanese Financial Services Agency (JFSA)

    June 03, 2022 WebPage Regulatory News
    News

    EU Publishes Rules on DLT and Data Governance

    The European Parliament and the Council published Regulation 2022/868 on European data governance (Data Governance Act).

    June 03, 2022 WebPage Regulatory News
    News

    EBA Publishes Phase 2 of Reporting Framework 3.2

    The European Banking Authority (EBA) published phase 2 of its reporting framework 3.2. The technical package supports the implementation of the updated reporting framework by providing standard specifications

    June 03, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8267