1. NCAs shall submit to the ECB without undue delay the corresponding explanations where the data quality for a given table in the taxonomy cannot be warranted.
2. NCAs shall communicate the following to the ECB:
((a))
reasons for any resubmissions by significant supervised entities;
((b))
reasons for any significant revisions submitted by significant supervised entities.
For the purposes of point (b), ‘significant revision’ means any revision of one or more data points, both in terms of absolute figures reported and percentage of variations, which significantly impacts the prudential or financial analysis made using these data points at entity level.