Credit data COLLECTION
On 24 February 2014, the ECB issued a decision on the organisation of preparatory measures for the collection of granular credit data by the European System of Central Banks (ECB/2014/6).
Regulation (EU) 2016/867 of the ECB on the collection of granular credit and credit risk data (ECB/2016/13) was issued on 18 May 2016. The first stage under the Regulation began on 1 September 2018. The first monthly and quarterly transmissions to the ECB started with data for 30 September 2018. The first counterparty reference data was transmitted to the ECB six months prior to the first transmission of credit data.
Requirements
The requirements by the Bank of Finland can be found here:
Instructions for Credit data reporting can be found here:
Other general instructions can be found here:
Description of electronic reporting for credit data collection
Attachments (published 17 March 2017, updated 27 November 2019):
- AC XSD v1.10.zip (schema files)
- AC XSD Elements v1.10.xls (description of schema)
- AC_2016M12_FI00000000_20170101120000.zip (example files)
- AC Record Structure v1.10.xls (data model)
validation checks for credit data collection
- Validation checks for credit data collection v1.8 (published 21 June 2017, updated 24 February 2020)
More comprehensive validations published by the European Central Bank can be found on its website (only in English).
The outlier detection thresholds by the Bank of Finland can be found here:
BoF AnaCredit Outlier Detection Thresholds v1.0 (published 9 October 2019)
Credit data collection - Reporting Calendar
Full reporting requirements:
| Reference period | Deadline | ||
| COPA - Counterparty reference data reporting |
AC/M Credit data collection - Monthly data |
AC/Q Credit data collection - Quarterly data |
|
| 2019M09 | 21.10.2019 | 21.10.2019 | 11.11.2019 |
| 2019M10 | 21.11.2019 | 21.11.2019 | |
| 2019M11 | 23.12.2019 | 23.12.2019 | |
| 2019M12 | 23.1.2020 | 23.1.2020 | 11.2.2020 |
| 2020M01 | 21.2.2020 | 21.2.2020 | |
| 2020M02 | 20.3.2020 | 20.3.2020 | |
| 2020M03 | 23.4.2020 | 23.4.2020 | 12.5.2020 |
| 2020M04 | 25.5.2020 | 25.5.2020 | |
| 2020M05 | 22.6.2020 | 22.6.2020 | |
| 2020M06 | 21.7.2020 | 21.7.2020 | 11.8.2020 |
| 2020M07 | 21.8.2020 | 21.8.2020 | |
| 2020M08 | 21.9.2020 | 21.9.2020 | |
| 2020M09 | 21.10.2020 | 21.10.2020 | 11.11.2020 |
| 2020M10 | 20.11.2020 | 20.11.2020 | |
| 2020M11 | 21.12.2020 | 21.12.2020 | |
| 2020M12 | 25.1.2021 | 25.1.2021 | 11.2.2021 |
Derogated reporting requirements based on Regulation ECB/2016/13 Article 16 (Quarterly reporting):
| Reference period | Deadline | ||
| COPA - Counterparty reference data reporting |
AC/M Credit data collection - Monthly data |
AC/Q Credit data collection - Quarterly data |
|
| 2019M09 | 21.10.2019 | 21.10.2019 | 11.11.2019 |
| 2019M12 | 23.1.2020 | 23.1.2020 | 11.2.2020 |
| 2020M03 | 23.4.2020 | 23.4.2020 | 12.5.2020 |
| 2020M06 | 21.7.2020 | 21.7.2020 | 11.8.2020 |
| 2020M09 | 21.10.2020 | 21.10.2020 | 11.11.2020 |
| 2020M12 | 25.1.2021 | 25.1.2021 | 11.2.2021 |
Other information
The ECB has published a regulation relating to AnaCredit database on its website (link). Cover notes and other material are available here.
Cooperation with Nordic and Baltic countries
As part of cooperation with interest groups, the Bank of Finland has participated in the work of the Nordic-Baltic Task Force on AnaCredit working group. The other member countries of the working group are Denmark, Sweden, Estonia, Latvia, Lithuania and Norway.
As regards the implementation of AnaCredit reporting, the fundamentals and plans differ considerably between the Nordic and Baltic countries. As a result of the cooperation, the working group will produce a documents that describe the national deviations (attributes and code lists) from the Regulation and the related background information.
Documents (in English only):
Published in December 2017, the documents are preliminary.