Tuesday, 6 November 2018
Eurotower, European Central Bank, Frankfurt am Main
Werner Bier, Acting Director General, Statistics
The supervisory data quality framework has evolved considerably since being introduced in 2014. “Hard” checks are now supplemented by targeted plausibility and consistency analyses. This session will provide an overview of the framework, with examples of how it is envisaged that these analyses will meet supervisors’ objectives.
This session will cover, at the aggregated level, the main findings and results relating to the quality of supervisory data submitted by significant banks over the past year, with a focus on the challenges ahead facing all jurisdictions across the Single Supervisory Mechanism (SSM).
The ECB has developed composite data quality indicators that may be used as risk-level information in Element 2 of the Supervisory Review and Evaluation Process (SREP) and are also inputs to a dashboard for each bank that provides a basis for discussion between significant banks and their line supervisors on data quality matters. This session will provide an overview of the data quality indicators, the dashboard and the evolution of these indicators over the past year.
This presentation will cover matters of interest for the SREP, focusing on data-related aspects.
The European Banking Authority (EBA) EU-wide transparency exercise is part of the EBA’s ongoing efforts to foster transparency and market discipline in the EU internal market for financial services and complements banks’ own Pillar 3 disclosures, as set out in the Capital Requirements Directive and the Capital Requirements Regulation. This session will provide an overview of the 2018 EU-wide transparency exercise, including the timeline, the stakeholder interactions and communication aspects.
This session will provide an overview of the initiatives and challenges in the field of integration of supervisory and statistical reporting/disclosure requirements.
Significant institutions have to submit a large amount of data in response to SSM data requests in the area of microprudential supervision. This session will introduce a recently launched SSM project to streamline the process for bank-specific microprudential data requests and to implement an IT solution to handle these requests.
This session will illustrate the evolution over time of the quarterly supervisory banking statistics published by the ECB, including annual Pillar 3 information disclosed by significant institutions. It will also cover some potential enhancements in order to meet growing user demand.