Bank of Finland published version 1.6 of the validation checks for credit data collection, along with version 1.0 of the AnaCredit outlier detection thresholds. Validation rules are divided by the type of validation to three different parts—completeness, referential integrity, and consistency validation rules. In addition the rules are divided to two parts based on the datasets the validation rules are referring to—counterparty reference records and credit-related records. One national validation check has been added to the completeness validation rules while various validation checks have been added, amended, and removed from the consistency validation rules. The updated document on validation checks also includes addition of new national identifiers.
- Validation Checks, Version 1.6 (XLSX)
- Outlier Detection Thresholds, Version 1.0 (XLSX)
- Bank of Finland AnaCredit Webpage
Keywords: Europe, Finland, Banking, AnaCredit, Reporting, Validation Checks, Dataset, Bank of Finland
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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