This will create the opportunity to answer some of the data gaps identified in the wake of the financial crisis, by generating clear and detailed information that will greatly assist monetary policy decision-making and help keep the financial system sound and transparent.
Moreover, AnaCredit will be based on harmonized concepts and definitions and on a complete coverage of (at least) all euro area Member-States, thus ensuring more comparability and improving, in a significant way, the statistical information available at the Eurosystem level.