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    BCL Updates Instructions and Validation Rules for AnaCredit Reporting

    October 24, 2019

    BCL published reporting instructions (version 2.4.1), list of reporting agents, validation rules (version 1.5), and Statistical Data and Metadata eXchange (SDMX) Schema under the AnaCredit Regulation. The SDMX Schema include technical specifications, cube structure, facets, and sub-domains. Version 2.4.1 of the reporting instructions covers updates related to the guidance on non-EU entities' identifier search, SDMX schema versioning, and Legal Entity Identifier (LEI) code reporting. Version 1.5 of the validation rules consists of modifications in Implementation sheet, Data Compliance sheet, Completeness-Ref.data sheet, Plausibility-Record level sheet, Non Applicable sheet, and 25 kEUR Threshold sheet. Applicability dates have been also added in this version.

    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 the collection of granular credit data and credit risk data.”


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    Keywords: Europe, Luxembourg, Banking, AnaCredit, Reporting, Instructions, SDMX Schemas, LEI, Reporting Agents, Technical Specifications, Validation Rules, BCL

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