Analytical Credit Dataset (AnaCredit) – challenges & new requirements for credit institutions

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  1. Introduction

The European Central Bank (ECB) is planning to create a central credit register for all member states in the euro area (and other European Union countries that wish to participate) by the beginning of 2018 at the latest. The European System of Central Banks (ESCB) is obliged to take the first steps towards initiating implementation of the Analytical Credit Dataset project. National Central Banks will have to collect and send granular data about the credit exposures of credit institutions. Read more…