{"id":1465,"date":"2021-06-25T14:53:00","date_gmt":"2021-06-25T12:53:00","guid":{"rendered":"http:\/\/aurexia.com\/insights\/?p=1465"},"modified":"2023-02-07T10:53:37","modified_gmt":"2023-02-07T09:53:37","slug":"how-to-tackle-recent-regulatory-guidelines-on-loans-and-credit-risk-regulatory-reporting","status":"publish","type":"post","link":"https:\/\/aurexia.com\/insights\/how-to-tackle-recent-regulatory-guidelines-on-loans-and-credit-risk-regulatory-reporting\/","title":{"rendered":"How to tackle recent regulatory guidelines on loans and credit risk regulatory reporting ?"},"content":{"rendered":"\n

Among the many regulatory initiatives and requests, the Loan Tapes (LT), Valuation Data Set (VDS), Loan Origination & Monitoring (LOM) and Environmental, Social & Governance (ESG) are the most important initiatives and are based on similar \/ equivalent data. It is therefore interesting to opt for a common approach.<\/strong><\/p>\n\n\n\n

More than 400 data are requested by these needs at Group level.<\/strong><\/p>\n\n\n\n

REGULATORY CONTEXT<\/strong><\/p>\n\n\n\n

Recent Credit Risks initiatives by European regulators\/supervisors regarding bank\u2019s processes to provide common data on a short time frame at a granular level.<\/p>\n\n\n\n

Banks must prepare, collect, aggregate and submit the data on a timely basis at both Group and Local levels.<\/p>\n\n\n\n

With the proliferation of regulatory reporting (AnaCredit, LT, VDS, LOM, ESG…), the challenge now is to exploit synergies while improving and monitoring data quality.<\/p>\n\n\n\n

CHALLENGES<\/strong><\/p>\n\n\n\n

Banks should comply with new regulatory instructions by :<\/strong><\/p>\n\n\n\n