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 receipt of the data in accordance with the 15 June remittance date:
significant supervised entities reporting at the highest level of consolidation in 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 supervised entities criterion in their Member State on a consolidated basis, or on an individual basis if they are not required to report on a consolidated basis.
3.Further to 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, where applicable, on the developments implied by the information submitted;
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.