Bundesbank published Version 5.0 of the derivation rules for completeness check at the form level, with respect to the data quality of the European harmonized reporting system. The requirements apply to all credit institutions within the meaning of the Capital Requirement Regulation (CRR). Changes resulting from the latest taxonomy version 2.10 have been highlighted in red. Changes due to the previous taxonomy versions 2.9 and 2.8 have been marked in blue or green font, respectively. The changes can be found in the worksheets that are highlighted in yellow in the Excel document on derivation rules.
ECB has formulated data quality requirements for uniform supervision in the Single Supervisory Mechanism (SSM). These requirements are being checked against five criteria: punctuality, completeness, correctness and consistency, continuity, and plausibility. The completeness check is based on the existence of all modules and forms to be submitted. The completeness of a report depends on factors specific to the institution and is, therefore, assessed on an individual basis. In addition to the checks at the module and form levels, completeness is also checked at the data point level.
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Keywords: Europe, Germany, Banking, Reporting, Derivation Rules, SSM, CRR, Taxonomy 2.10, Taxonomy 2.9, Bundesbank
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