Deutsche Bundesbank published Version 12.0 of the AnaCredit validation rules manual, which is expected to be valid from August 01, 2021. Changes have been made with respect to the completeness, consistency, and plausibility criteria and have been highlighted in yellow. The manual on validation rules supplements the guidelines for AnaCredit data and the reporting manuals. It describes all validations that are performed to ensure satisfactory data quality. In addition to the validations, plausibility checks are performed to reveal outlier values.
Bundesbank also published a circular on the possibility of confirming conspicuous information in AnaCredit reports at the Bundesbank, likely from the end of 2021. The exact date will be announced in a separate circular. The circular details information about confirmation of abnormalities, adoption of confirmations in the current date in case of the first submission, consideration of confirmations for past appointments, and change and deletion of confirmations.
Related Links (in German)
Keywords: Europe, Germany, Banking, AnaCredit, Reporting, Validation Rules, Plausibility Checks, 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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