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26.3.2021 |
EN |
Official Journal of the European Union |
L 106/71 |
Corrigendum to Commission Implementing Regulation (EU) 2021/453 of 15 March 2021 laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to the specific reporting requirements for market risk
( Official Journal of the European Union L 89 of 16 March 2021 )
‘ANNEX III
Part I: Single Data Point Model
All data items referred to in the Annexes I and II shall be transformed into a single data point model which is the basis for uniform IT systems of institutions and competent authorities.
The single data point model shall:
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(a) |
provide a structured representation of all data items set out in Annex I; |
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(b) |
identify all the business concepts set out in Annexes I and II; |
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(c) |
provide a data dictionary identifying the following labels:
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(d) |
provide metrics which define the property or amount of data points; |
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(e) |
provide data point definitions that are expressed as a composition of characteristics that univocally identify the concept; |
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(f) |
contain all the relevant technical specifications necessary for developing IT reporting solutions producing uniform supervisory data. |
Part II: Validation rules
The data items referred to in the Annexes I and II shall be subject to validation rules ensuring data quality and consistency.
The validation rules shall:
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(a) |
define the logical relationships between relevant data points; |
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(b) |
include filters and preconditions that define a set of data to which a validation rule applies; |
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(c) |
check the consistency of the reported data; |
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(d) |
check the accuracy of the reported data; |
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(e) |
set default values to be applied where the relevant information has not been reported. |