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New version applies from 01/09/2023 — introduced by Decision (EU) 2023/1680 of the ECB. 19 provisions change. Article 5 is deleted from 01/09/2023.

Article 5 - Data quality checks

Comparing 05/07/2017 → 12/03/2021: 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 developeddeveloped, maintained 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 without undue delay.

Official text · consolidated version 12/03/2021 (no longer in force) Open full page ↗
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