Bundesbank published Version 2.00 of the document containing information on additional ECB validation rules that go beyond the relevant taxonomy. Bundesbank published these additional validation rules as part of the implementation of reporting at the national level. According to Article 4 of the Regulation ECB/2014/29, national supervisory authorities should apply both the validation and plausibility checks published by EBA and those defined by ECB in the context of data quality checks. The Version History worksheet summarizes the key changes to this version of the validation rules document. This version includes list of checks valid from the fourth quarter of 2020.
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Keywords: Europe, EU, Germany, Banking, Reporting, Validation Rules, Data Quality Checks, ECB, 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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