AnaCredit : une réforme d’ampleur sur les expositions de crédit
In a regulatory environment increasingly demanding (BCBS 239, Basel 3, 4 Basel, IFRS 9, ...), credit institutions will soon have to provide the ECB with complete data and fine on their credit exposures.
For regulatory reporting, AnaCredit certainly constitute a significant reform by the extent and detail of the data requested on bank loans.
AnaCredit fits into effect in a new field of regulatory requirements aimed to establish a standardized monitoring system, comprehensive and lasting at least all countries of the euro area.
The European Central Bank (ECB) request new data on virtually all loans for two main reasons:
- The financial crisis of 2008 showed that economic sectors as well as companies and households in the euro area have reacted very differently to economic shocks.
- The ECB and the national central banks (NCBs) now have macro prudential surveillance missions that require numerous and detailed data.
Our point of view
- With a first set of data (significant) to provide certain NCBs by end-2017, the deadline is very tight to fit this new major reform, which concerns the entire sector.
- The main impacts will be much organizational qu'informatiques.
- The challenges are very significant, given the number of requested data and volume that results.
Having accompanied the banking and financial sector reforms on all who regularly supervised activities, CSC has acquired know-how in support of regulatory programs in many institutions instead.
CSC has experience in this type of complex projects and can help you carry out your adjustment to AnaCredit reform.