AnaCredit Updates for France, Ireland, and Italy in October 2017
In October, the Bank of France published version 3.0 of IT specifications related to AnaCredit data collection; the Central Bank of Ireland published counterparty Template and Rules related to AnaCredit; and the Bank of Italy published the updated coding system and operational technical method related to surveys governed by Circular No. 297/2017. The Bank of France, the Central Bank of Ireland, and the Bank of Italy make available a repository of information on the implementation of AnaCredit project in their respective jurisdictions. Information on AnaCredit, covering phases of implementation, status of implementation, upcoming implementation deadlines, reporting templates, and FAQs, can be found on the respective AnaCredit web pages of these organizations.
ECB had approved the AnaCredit regulation (EU 2016/13) on the collection of granular credit and credit risk data in May 2016. This data initiative, known as Analytical Credit Datasets 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 the 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.
Related Links
- AnaCredit Updates in France (in French)
- AnaCredit Updates in Ireland
- AnaCredit Updates in Italy (in Italian)
Keywords: Europe, France, Ireland, Italy, Banking, AnaCredit, Bank of France, Bank of Italy, Central Bank of Ireland
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