Bank of Finland updated documents related to AnaCredit reporting. The updates cover AnaCredit requirements (version 2.5), validation checks for credit data collection, and description of electronic reporting for credit data collection, including the schema documents. First reporting of credit data to Bank of Finland is as of September 30, 2018.
The Bank of Finland also participates in the work of the Nordic-Baltic Task Force on AnaCredit working group. The other member countries of the working group are Denmark, Sweden, Estonia, Latvia, Lithuania, and Norway. Regarding the implementation of AnaCredit reporting, the fundamentals and plans differ considerably between the Nordic and Baltic countries. The working group will produce a documents that describe the national deviations (attributes and code lists) from the Regulation and the related background information. In addition, the working group countries seek to further streamline, for example, the timetables for testing and the definitions of national requirements.
Related Link: AnaCredit Updates
Keywords: Europe, Finland, Banking, AnaCredit, Reporting, Validation Checks, Schema, Bank of Finland
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