Bundesbank Updates Validation Rules Manual for AnaCredit Reporting
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
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Previous ArticleBCB Announces Timeline for Phased Implementation of Open Banking
FINMA Approves Merger of Credit Suisse and UBS
The Swiss Financial Market Supervisory Authority (FINMA) has approved the takeover of Credit Suisse by UBS.
BOE Sets Out Its Thinking on Regulatory Capital and Climate Risks
The Bank of England (BOE) published a working paper that aims to understand the climate-related disclosures of UK financial institutions.
OSFI Finalizes on Climate Risk Guideline, Issues Other Updates
The Office of the Superintendent of Financial Institutions (OSFI) is seeking comments, until May 31, 2023, on the draft guideline on culture and behavior risk, with final guideline expected by the end of 2023.
APRA Assesses Macro-Prudential Policy Settings, Issues Other Updates
The Australian Prudential Regulation Authority (APRA) published an information paper that assesses its macro-prudential policy settings aimed at promoting stability at a systemic level.
BIS Paper Examines Impact of Greenhouse Gas Emissions on Lending
BIS issued a paper that investigates the effect of the greenhouse gas, or GHG, emissions of firms on bank loans using bank–firm matched data of Japanese listed firms from 2006 to 2018.
HMT Mulls Alignment of Ring-Fencing and Resolution Regimes for Banks
The HM Treasury (HMT) is seeking evidence, until May 07, 2023, on practicalities of aligning the ring-fencing and the banking resolution regimes for banks.
MFSA Sets Out Supervisory Priorities, Issues Reporting Updates
The Malta Financial Services Authority (MFSA) outlined its supervisory priorities for 2023
German Regulators Issue Multiple Reporting Updates for Banks
Deutsche Bundesbank published the nationally deactivated validation rules for the German Commercial Code (HGB) users on the taxonomy 3.2, which became valid from December 31, 2022
BCBS Report Examines Impact of Basel III Framework for Banks
The Basel Committee on Banking Supervision (BCBS) published results of the Basel III monitoring exercise based on the June 30, 2022 data.
PRA Consults on Prudential Rules for "Simpler-Regime" Firms
Among the recent regulatory updates from UK authorities, a key development is the first-phase consultation, from the Prudential Regulation Authority (PRA), on simplifications to the prudential framework that would apply to the simpler-regime firms.