Bundesbank updated the derivation rules for completeness check at the form level, with respect to the data quality of the European harmonized reporting system. The requirements apply to all credit institutions within the meaning of the Capital Requirement Regulation (CRR). The Version 4.1 makes few corrections to the previous version 4.0. The changes can be found in the table sheets with a colored background and are marked in yellow in the "Change" column.
ECB has formulated data quality requirements for uniform supervision in the Single Supervisory Mechanism (SSM). These requirements are being checked against five criteria: punctuality, completeness, correctness and consistency, continuity, and plausibility. The completeness check is based on the existence of all modules and forms to be submitted. The completeness of a report depends on factors specific to the institution and is, therefore, assessed on an individual basis. In addition to the checks at the module and form levels, completeness is also checked at the data point level.
Related Links (in German)
Keywords: Europe, Germany, Banking, Reporting, Derivation Rules, SSM, CRR, Bundesbank
Previous ArticleMAS Launches Scheme to Support Green and Sustainability-Linked Loans
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying and, where relevant, calibrating the minimum performance-related triggers for simple.
The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.
The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).
The Monetary Authority of Singapore (MAS) set out the Financial Services Industry Transformation Map 2025 and, in collaboration with the SGX Group, launched ESGenome.
The Basel Committee on Banking Supervision met, shortly after a gathering of the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of BCBS.
The International Organization of Securities Commissions (IOSCO) welcomed the work of the international audit and assurance standard setters—the International Auditing and Assurance Standards Board (IAASB)
The Bank of England (BoE) published a Statistical Notice (2022/18), which informs that due to the Bank Holiday granted for Her Majesty Queen Elizabeth II’s State Funeral on Monday September 19, 2022.
The French Prudential Control and Resolution Authority (ACPR) announced that the European Banking Authority (EBA) has updated its filing rules and the implementation dates for certain modules of the EBA reporting framework 3.2.
The European Central Bank (ECB) published a paper that examines how credit rating agencies accepted by the Eurosystem, as part of the Eurosystem Credit Assessment Framework (ECAF)
The Australian Prudential Regulation Authority (APRA) announced reduction in the aggregate Committed Liquidity Facility (CLF) for authorized deposit-taking entities to ~USD 33 billion on September 01, 2022.