ECB欧洲央行-AnaCredit-Reporting-Manual-Part-I-–-General-Methodology_169页_3mb

AnaCredit Reporting Manual Summary

Overview

The AnaCredit Reporting Manual (second edition, May 2019) provides detailed guidance on the reporting requirements set out in the AnaCredit Regulation. It has been updated from the November 2016 version to incorporate additional explanations from Q&As published by the ECB between July 2017 and December 2018, as well as to streamline and reorganize the content for better consistency and readability. The Manual is not legally binding and serves as a guide to clarify and illustrate the AnaCredit Regulation's provisions.

Core Content

1.1 Introduction

• The Manual outlines the methodology and data model for AnaCredit reporting.
• It provides guidance on data collection and preferred approaches for reporting, where the Regulation allows for different interpretations.
• The AnaCredit Regulation is the only legally binding document; the Manual is merely explanatory.

1.2 Who Should Read the Manual

• Reporting agents, data compilers, and users of the AnaCredit database.
• National authorities responsible for collecting AnaCredit data within their national reporting frameworks.

1.3 Covered Reporting Requirements

• Only the common requirements from the AnaCredit Regulation are covered.
• No national extensions or additional requirements are included.

1.4 Scope of National Implementations

• National Central Banks (NCBs) may implement additional requirements or extensions beyond the Regulation, based on national law.
• The Manual does not cover these national implementations.
• NCBs are responsible for providing information on national reporting formats and deadlines.

1.5 Structure of the Manual

• Part I: General methodology, reporting principles, and rules.
• Part II: Detailed datasets and data attributes, including reporting frequency, definitions, and examples.
• Part III: Case studies and special scenarios, offering in-depth explanations.
• Annexes: Additional information for reporting agents, such as legal forms, national identifiers, and examples of data reports.

Key Updates and Changes

• 13 Q&As have been integrated to enhance understanding of reporting requirements.

• Areas of national discretion are now clearly outlined, including:

  • Exemption of resident reporting agents from reporting foreign branches.
  • Exemption of resident foreign branches from reporting their own activity.
  • Exemption from reporting counterparty reference and credit data using alternative sources.
  • Derogations for small reporting agents, based on loan amounts relative to the national total.
  • Reduced reporting frequency for small agents under certain conditions.
  • Definition of unique identifiers for counterparties.
  • Deadlines for primary reporting by agents to NCBs.

• New sections have been added:

  • Complementary Q&A process: Reporting agents can submit questions to NCBs, which may then be addressed through the ECB's Q&A platform.
  • AnaCredit validation checks: The ECB performs these to ensure data completeness and consistency.

Reporting Agents and Observed Agents

2.1 General Concepts

• Credit institutions are defined under the AnaCredit Regulation and the CRR.
• An institutional unit is a key concept, referring to an economic entity with decision-making autonomy.
• Institutional units are used to identify counterparties in AnaCredit.

2.1.3 Domestic Part of a Credit Institution

• The domestic part includes the headquarters and all domestic branch offices.
• In AnaCredit, the domestic part and its head office use the same counterparty identifier.
• The domestic part is the only institutional unit of the credit institution in the country where it is established.

2.1.3.2 Foreign Branches

• A foreign branch is an institutional unit located in a country other than where the parent credit institution is established.
• A credit institution can have only one foreign branch in a given country.
• Multiple branch offices in the same country are considered a single foreign branch.
• Intraccompany loans to foreign branches are reported to AnaCredit if they are directed to different institutional units.

2.1.4 Subsidiaries

• Subsidiaries are not considered institutional units of the parent credit institution.
• They are legal entities with their own institutional units.

Other Relevant Information

• The AnaCredit Guideline is a legally binding document for NCBs, detailing their obligations to report to the ECB.
• The Single Data Dictionary (SDD) and Banks' Integrated Reporting Dictionary (BIRD) provide additional technical and methodological information.
• The BIRD helps banks extract and transform data from internal IT systems to meet regulatory requirements.
• Validation checks are performed by the ECB to ensure data accuracy and consistency.
• All relevant documentation, including Q&As and validation checks, is available on the ECB website.

Conclusion

The AnaCredit Reporting Manual serves as a comprehensive guide for understanding the reporting methodology and data model under the AnaCredit Regulation. It emphasizes the importance of consistency across Eurosystem members and outlines the baseline reporting requirements, while also acknowledging the flexibility provided by national discretion and extensions. The Manual is intended to support reporting agents, data analysts, and national authorities in accurately and consistently reporting credit and credit risk data to the AnaCredit database.