The good news is that the European Central Bank has made significant steps for the setting-up of a centralized infrastructure for the collection and sharing of granular credit-risk data within the banking sector on a EU-wide scale, called “Analytical Credit Dataset” (‘AnaCredit’).
Identifying systemic non-bank non-insurers In this respect, the current work of the FSB on a methodology for identifying Systemic NonBank Non-Insurers, in my view, addresses the first aspect of the remaining challenges. In this regard, let me highlight the importance of developing a framework that captures a wideset of entities with this methodology. This is necessary for two reasons.