1.NCAs shall:
monitor and assess the quality and reliability of the information made available to the ECB pursuant to this Decision;
apply the relevant validation rules developed, maintained and published by the EBA;
apply the additional data quality checks defined by the ECB in cooperation with the NCAs.
2.NCAs shall perform their quality assessment of data submitted to them in accordance with the following:
for the following supervised entities, by the 10th working day following the relevant remittance dates referred to in Implementing Regulation (EU) 2021/451, Implementing Regulation (EU) 2021/453, and Implementing Regulation (EU) 2016/2070;
significant supervised entities reporting at the highest level of consolidation within the participating Member States;
significant supervised entities that are not part of a supervised group;
supervised entities that are classified as significant in accordance with the three most significant credit institutions criterion in their Member State and which report on a consolidated basis or on an individual basis, if they are not required to report on a consolidated basis;
other supervised entities reporting on a consolidated basis or on an individual basis, if they are not required to report on a consolidated basis and that are included in the list of the Largest Institutions in the Member State as published by the EBA pursuant to Article 2(6) of EBA Decision EBA/DC/404;
for the significant supervised entities that are not covered by point (a), by the 25th working day following the relevant remittance dates referred to in Implementing Regulation (EU) 2021/451, Implementing Regulation (EU) 2021/453 and Implementing Regulation (EU) 2016/2070;
for the significant supervised entities at the head of the financial conglomerates where the ECB is coordinator, by the 25th working day following the relevant remittance dates as agreed by the ECB and the relevant competent authorities in accordance with Article 2(3) and 3(4) of Commission Delegated Regulation (EU) 2015/2303 7.
3.Further to the compliance with the validation rules and data quality checks referred to in paragraph 1, the information shall be submitted in accordance with the following additional minimum standards for accuracy:
NCAs shall provide information, if applicable, on the developments implied by the information submitted; and
the information shall be complete, existing gaps shall be acknowledged and explained to the ECB and, if applicable, those gaps shall be filled without undue delay.