Bundesbank updated the AnaCredit guidelines, which will be valid from September 01, 2020. The key areas covered in the guidelines include scope of data collection and reporting agents, features of data collection, reporting rules and definitions, and reporting items for AnaCredit Regulation.
The guidelines specify that Bundesbank has detailed the requirements, as set out in the EU AnaCredit Regulation (2016/867), in the statistical arrangement on AnaCredit, dated January 03, 2020, after adjusting them to take account of the German legal framework. In the statistical arrangement, Bundesbank specifies the AnaCredit reporting requirements that are to be met by reporting credit institutions in Germany. The statistical arrangement refers to the AnaCredit reporting templates for counterparty reference data and credit data, in which the reporting requirements are presented in a table.
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Keywords: Europe, Germany, Banking, AnaCredit, Reporting, Guidelines, Bundesbank
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
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