ECB published the second edition of the AnaCredit reporting manual, along with the examples of complete reports. The AnaCredit reporting manual has been updated to incorporate the additional explanations provided in the questions and answers (Q&As) published between July 2017 and December 2018. The updated manual also incorporates a number of adjustments to address previous inconsistencies.
The manual has been restructured and streamlined, with some explanatory paragraphs having been moved to different parts of the manual and with cross-references having been added to facilitate consistency and readability. Moreover, references to the implementing technical standards on supervisory reporting have been updated throughout the manual to keep them in line with the amendments to Commission Implementing Regulation (EU) No 680/2014. To help trace where amendments other than additional cross-references or minor textual adjustments have been made throughout the text, changes are indicated in the margin of the document, with a brief explanation.
The manual provides detailed information and guidance on AnaCredit reporting requirements. Its overall objective is to ensure consistent and effective application across the euro area of the AnaCredit statistical framework, as set out in Regulation (EU) 2016/867 of May 2016 (ECB/2016/13). The manual is made up of three parts:
- Part I explains the general AnaCredit methodology and provides information on the reporting population and on setting up the reporting, including a general description of the underlying data model. Amendments in Part I include integration of thirteen Q&As with the intent to considerably improve the understanding of the reporting requirements. The areas of national discretion have been complemented and respective references to the AnaCredit Regulation have been added as part of the update. The section on the Annexes has been expanded with additional information relevant for reporting agents; also, new sections on the complementary Q&A process and the AnaCredit validation checks have been added. Furthermore, the guidance on the reporting period has been replaced with explanations of extended quarter-end reporting and several clarifications and new examples have been added.
- Part II describes all data sets and data attributes of AnaCredit data collection in detail and provides specific reporting instructions. Amendments in Part II incorporate content of 58 relevant Q&As that have been published between July 2017 and December 2018. In addition, the guidance on special reporting values has been consolidated in one place in Part II, the references to the implementing technical standards have been updated, and certain definitions have been added in line with the Capital Requirements Regulation (CRR) and the implementing technical standards. Also, the information on foreign branches and special funds as counterparties under AnaCredit has been consolidated.
- Part III presents selected case studies and scenarios that require more in-depth explanations. Amendments in Part III include integration of four Q&As into the text and consolidation of clarifications on off-balance-sheet exposures in Part III, which deals specifically with credit cross-limit structures, multi-debtor/product structures, and off-balance-sheet exposures. Also, the clarifications regarding instruments subject to securitization have been enhanced and the examples of complete reports have been revised to remove inconsistencies.
- AnaCredit Reporting Manual Part I (PDF)
- AnaCredit Reporting Manual Part II (PDF)
- AnaCredit Reporting Manual Part III (PDF)
- Examples of Complete Reports (XLSX)
- Overview of AnaCredit
Keywords: Europe, EU, Banking, AnaCredit, Reporting, Report Examples, Reporting Manual, Q&A, ECB
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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