Bundesbank published the updated document containing supplementary validation rules in the context of the implementation of the reporting system at national level. The document provides guidance on additional validation rules beyond the relevant taxonomy. According to Article 4 of the ECB Regulation ECB/2014/29, national supervisory authorities should apply both the validation and plausibility rules published by EBA and the data-quality checks defined by ECB. The requirements apply to all credit institutions within the meaning of the Capital Requirements Regulation (CRR).
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Keywords: Europe, Germany, Banking, Validation Rules, Reporting, CRR, Plausibility Checks, Data Quality Checks, ECB, EBA, Bundesbank
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FSB finalized the toolkit of effective practices to assist financial institutions in their cyber incident response and recovery activities.
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