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Article 4 - Data quality checks

Comparing 02/07/2014 → 22/08/2017: 0 added, 0 removed, 4 changed Close comparison

1. 1. National competent authorities shall monitor and ensureassess the quality and reliability of the data made available to the ECB. National competent authorities shall apply the relevant validation rules specifieddeveloped, in Annex XV of Implementing Regulation (EU) No 680/2014 developedmaintained and maintainedpublished by the EBAEBA. andNational theycompetent authorities shall also apply the additional data quality checks defined by the ECB in cooperation with the national competent authorities.

2. 2. Further to the compliance with the validation rules and quality checks, the data shall be submitted in accordance with the following additional minimum standards for accuracy:

(a)((a)) national competent authorities shall provide information, if applicable, on the developments implied by the data submitted; and

(b)((b)) the information must be complete: existing gaps must be acknowledged, explained to the ECB and, if applicable, filled in without undue delay.

Official text · consolidated version 22/08/2017 (no longer in force) Open full page ↗
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