Bundesbank Publishes Circulars on AnaCredit Reporting Requirements
Deutsche Bundesbank published a circular (No. 66/2021) on test submissions for the contractual partner master data and information on data quality under AnaCredit reporting. The circular highlights that test environment for the submission of contractual partner master data has been made available, with immediate effect. The circular also provides information about recurring technical reporting errors in connection with the reporting of the contractual partner master data. These errors are related to identifiers, stability of contract partner IDs, address details, name, institutional sector, company size, number of employees, total assets, annual turnover, and status of the legal proceedings.
Annex V of the AnaCredit Regulation states that reporting requirements of a national central bank must be complied with and that this information must be complete and correct. Therefore, Bundesbank has requested institutions to check their reports for possible errors and, if necessary, to make appropriate corrections to the data. A detailed description of the individual data fields can be found in the AnaCredit guidelines. Bundesbank has published another circular (No. 68/2021) on change of future reporting requirements from February 01, 2022, with regard to the special case of the validity of subsector information in the code list "institutional sector."
Related Links (in German)
Keywords: Europe, Germany, Banking, AnaCredit, Reporting, Data Quality, 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
ACPR Makes Available Reporting Rules Under RUBA TaxonomyRelated Articles
APRA Penalizes Heritage Bank for Incorrect Reporting of Capital
The Australian Prudential Regulation Authority (APRA) found that Heritage Bank Limited had incorrectly reported capital because of weaknesses in operational risk and compliance frameworks, although the bank did not breach minimum prudential capital ratios at any point and remains well-capitalized.
OSFI Releases Annual Report 2021-2022
The Office of the Superintendent of Financial Institutions (OSFI) released the annual report for 2020-2021.
APRA Finalizes Guidance on Management of Climate Change Risks
The Australian Prudential Regulation Authority (APRA) released the final Prudential Practice Guide on management of climate change financial risks (CPG 229) for banks, insurers, and superannuation trustees.
EBA Publishes Single Rulebook Q&A Updates in November 2021
The European Banking Authority (EBA) Single Rulebook Question and Answer (Q&A) tool updates for this month include answers to 10 questions.
EC Proposes New Measures Under Capital Markets Union Package
The European Commission (EC) has adopted a package of measures related to the Capital Markets Union.
European Council Adopts Position on Digital Finance Package Proposals
The European Council adopted its position on two proposals that are part of the digital finance package adopted by the European Commission in September 2020, with one of the proposals involving the regulation on markets in crypto-assets (MiCA) and the other involving the Digital Operational Resilience Act (DORA).
PRA Proposes Rulebook Changes; BoE Extends BEEDS Testing Window
The Prudential Regulation Authority (PRA) is proposing, via the consultation paper CP21/21, to apply group provisions in the Operational Resilience Part of the PRA Rulebook (relevant for the Capital Requirements Regulation or CRR firms) to holding companies.
FED Outlines Lending Conditions and Supervisory Activities in H1 2021
The Board of Governors of the Federal Reserve System (FED) published a report that summarizes banking conditions in the United States, along with the supervisory and regulatory activities of FED.
EBA Publishes Standards to Calculate Risk-Weights of CIUs Under CRR
The European Banking Authority (EBA) published the final report on draft regulatory technical standards for the calculation of risk-weighted exposure amounts of collective investment undertakings or CIUs, in line with the Capital Requirements Regulation (CRR).
APRA Expects Boards to Strengthen Ability to Oversee Cyber Resilience
The Australian Prudential Regulation Authority (APRA) recently completed two pilot initiatives in its 2020-2024 Cyber Security Strategy, which was published in November 2020.
