ECB published Banks' Integrated Reporting Dictionary (BIRD) Database 4.1 and related technical guidelines (Release 4.1). This release includes updates to the AnaCredit and Securities Holdings Statistics Group (SHSG) framework in BIRD, reflecting changes in the reporting requirements since their initial implementation, transformations included for the Asset Encumbrance framework, and error corrections and improvements to the previous release.
The BIRD Release 4.1 incorporates the following reporting requirements:
- EBA implementing technical standards on data requirements for resolution planning, implementing the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR)
- EBA technical standards on asset encumbrance data requirements under Article 100 of the Capital Requirements Regulation (CRR)
- EBA technical standards on FINREP requirements (updated to version 2.8), implementing the Capital Requirements Directive (CRD IV) and CRR
- Regulation (EU) 2016/867 of ECB on the collection of granular credit and credit risk data for resident credit institutions and resident foreign branches of credit institutions (AnaCredit Regulation)
- Regulation (EU) No 1011/2012, as amended by Regulation (EU) 2016/1384, concerning SHS
This release includes a full update of the validation and transformation language (VTL) used for transformations described in VTL 2.0, which was released by the Statistical Data and Metadata eXchange (SDMX) community in July 2018. This release also contains complete methodology used to describe the various datasets of the different layers (such as the Input Layer and Output Layer) of the BIRD.
Keywords: Europe, EU, Banking, Reporting, Asset Encumbrance, FINREP, AnaCredit, SHS, SRMR, Statistics, BIRD Database, BIRD, BRRD, CRR/CRD, 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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