Bank of Italy Updates Handbook V1.6 and Schema for AnaCredit Reporting
Bank of Italy published the updated technical procedures and schema for AnaCredit reporting, along with Version 1.6 of the AnaCredit Handbook for reporting.
Bank of Italy was expected to make available, to reporting intermediaries, the production environment for the forwarding of the AnaCredit reports, starting from August 20, 2018. The national collection of granular credit data, in line with the ECB AnaCredit Regulation, is governed by Circular no. 297 issued by the Bank of Italy, which:
- Regulates the new harmonized credit survey required by the AnaCredit Regulation
- Acknowledges and completes the indications contained in the relative AnaCredit Manual
- Incorporates the information provided to the banks with the previous Communications already issued by the Bank of Italy in 2016
- 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 "Analytical survey of interest rates. Instructions for reporting banks"
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 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 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 (in Italian)
Keywords: Europe, Italy, Banking, AnaCredit, Reporting, Handbook, Schema, Bank of Italy
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