November 16, 2017

The Central Bank of Luxembourg (BCL) published reporting instructions, reporting dates, and list of reporting agents for AnaCredit. AnaCredit regulation will be implemented in several phases. The first stage begins on September 01, 2018. The first transmission of credit data shall start with data for September 30, 2018. BCL plans on conducting two separate test phases. The first test will take place from February 15, 2018 to March 15, 2018 and will only concern reference data. The second test will run from May 01, 2018 to July 31, 2018 and will only concern credit data.

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, BCL