In 2014 the ECB announced the development of a central credit register. The objectives of the credit database is to support the ESCB and the ECB in the performance of different tasks, including:
The final regulation was published on 18th of May 2016. Based on this regulation 7 identifiers and 88 data attributes have to be reported for each instrument. These attributes are related to:
The minimum level for the total of instruments per counterparty to be reporting is € 25.000,-. The following types of credits are in scope:
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