Bank of Italy updated Circular No. 297 on the collection of granular credit data in the context of the AnaCredit Regulation in EU. Also published is a list of banks participating in the survey of interest rates (as of June 30, 2019), pursuant to Circular No. 297.
The national collection of granular credit data is regulated by Circular No. 297 of the Bank of Italy. This circular sets out the rules governing the new harmonized collection of credit data provided for in the AnaCredit Regulation. It transposes and supplements the information supplied in the AnaCredit Manual and implements the instructions provided to credit institutions in previous Communications issued by the Bank of Italy in 2016. The circular also simplifies the regulatory sources governing the collection of granular information on interest rates applied by banks, through the repeal of Circular no. 251 of July 17, 2003 titled "Analytical detection of interest rates. Instructions for reporting banks."
Related Links (in Italian)
Keywords: Europe, Italy, Banking, AnaCredit, Reporting, Credit Risk, Bank of Italy
Previous ArticleAPRA Launches Second Consultation on IRRBB Framework in Australia
EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.
EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).
NGFS published a paper on the overview of environmental risk analysis by financial institutions and an occasional paper on the case studies on environmental risk analysis methodologies.
MAS published the guidelines on individual accountability and conduct at financial institutions.
APRA published final versions of the prudential standard APS 220 on credit quality and the reporting standard ARS 923.2 on repayment deferrals.
SRB published two articles, with one article discussing the framework in place to safeguard financial stability amid crisis and the other article outlining the path to a harmonized and predictable liquidation regime.
FSB hosted a virtual workshop as part of the consultation process for its evaluation of the too-big-to-fail reforms.
ECB updated the list of supervised entities in EU, with the number of significant supervised entities being 115.
OSFI published the key findings of a study on third-party risk management.
FSB is extending the implementation timeline, by one year, for the minimum haircut standards for non-centrally cleared securities financing transactions or SFTs.