New to the BIRD?
Banks must generate a vast amount of data to comply with statistical and supervisory reporting requirements. BIRD – a new initiative of the ESCB’s Statistics Committee – should help them meet this challenging task, increasing the efficiency of their reporting systems and resulting in higher quality banking data. Read more…
If you are already aware of the idea, but still miss some information, check the status of the project.
About this release (10.11.2016)
Regulation (EU) 2016/867 of the European Central Bank of 18 May 2016 on the collection of granular credit and credit risk data (so called AnaCredit Regulation) defines a set of reporting requirements for resident credit institutions and resident foreign branches of credit institutions. The present release of the BIRD documentation comprises a draft definition of the input layer and of some transformation rules to fulfill these requirements. The dictionary also contains the output cubes that represent a draft formal description of AnaCredit requirements.
The structure of the input layer related to the AnaCredit requirements is almost complete, while the definition of transformation rules will be finalised in the next releases.
As regards the formal description of transformation rules using VTL we note that due to ongoing developments in the Task force for the Validation and Transformation Language (VLT) and the publication of VTL version 1.1 at the beginning of 2017 we expect significant changes in the syntax of the VTL. We want to point out that due to these developments the formal description of the transformation rules will change (significantly in form but not in content). Nevertheless we invite you to analyse the given transformation rules from a business perspective.
The BIRD group also intends to cover the requirements related to banking groups’ data defined in the Regulation (EU) No 1011/2012 concerning Statistics on Holdings of Securities, as amended by Regulation (EU) 2016/1384. These will be covered in one of the next releases.
The BIRD documentation is described in the database and in technical guidelines. You can also navigate on the website through the elements of the BIRD dictionary. From the section “Contact Us” there is the possibility to send us observations (comments, suggestions, questions, etc.) on this BIRD release.