Deutsche Bundesbank updated two versions of the handbook on AnaCredit validation rules. Version 8.1 of the handbook will be valid from December 31, 2019 and Version 9 is expected to be valid from February 01, 2020. Both documents supplement the guidelines for credit statistics (AnaCredit) and the AnaCredit reporting manuals. They describe all validations that are made to ensure satisfactory data quality. The changes in the version 9 of the handbook are based on the adjustment of reporting requirements and introduction of the new Feedback concept in accordance with circular No. 39/2019 dated June 21, 2019.
AnaCredit regulation (EU Regulation No 2016/867) on the collection of granular credit and credit risk data was approved in May 2016. 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 the ECB and 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 German)
- Handbook on Validations, Version 8.1 (PDF)
- Handbook on Validations, Version 9 (PDF)
- AnaCredit Webpage
Keywords: Europe, Germany, Banking, Validation Rules, AnaCredit, Reporting, 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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