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Recital 1

Recital 1

(1)The European Central Bank (ECB) maintains the Register of Institutions and Affiliates Data (RIAD). RIAD is the shared dataset of reference data on legal and other statistical institutional units, the collection of which supports business processes across the Eurosystem and the performance of the tasks of the European System of Central Banks (ESCB) and the specific tasks related to prudential supervision conferred on the ECB pursuant to Regulation (EU) No 1024/2013 carried out within the Single Supervisory Mechanism (SSM) composed of the ECB and the NCAs (‘supervisory tasks’). RIAD facilitates the integration of a variety of datasets, in particular by providing common identifiers.

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