EBA · 2025_7497 Rejected question

Data quality scans and connected data corrections as model changes

Name: Data quality scans and connected data corrections as model changes: EBA Q&A — EU Financial Regulatory Q&A
Creator: European Banking Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: Regulation (EU) No 575/2013 (CRR)
Article: Art 142 CRR, para. Paragraph I
Topic: Other issues
Submitted by: Credit institution
Submitted: 2025-06-19

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Question

Has the implementation of data quality scans to be treated as a change of a rating system in accordance with art 142 I CRR?

Background

Rating systems are defined in art 142 I no 1 CRR. In line with art 143 III CRR changes of these systems have to be approved in advance or have to be displayed afterwards to the competent supervisory authorities. More detailed information regarding the professional constellations are provided in Commission's Delegated Regulation (EU) No 529/2014. Nevertheless, it is not explicity defined if a simple data quality scan that leads to data corrections on level of individual debtors should be treated as a model change and has to be addressed to the supervisory authorities.

No answer published yet.

Original source: European Banking Authority, Q&A ID 2025_7497

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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