EN ECB -PUBLIC  
 
OPINION OF THE EUROPEAN CENTRAL BANK  
of 19 May 2016  
on an integrated  data model regulation  
(CON/ 2016/29) 
 
Introduction and legal basis  
On 18 April 2016  the European Central Bank (ECB) received a request from the Oesterreichische 
Nationalbank (OeNB) for an opinion on a draft  regulation on the use of an i ntegrated data model for 
submitting reports to the OeNB ( hereinafter the ‘draft regulation’)1. 
The ECB’s competence to deliver an opinion is based on Articles 127(4)  and 282(5) of the Treaty on the 
Functioning of the European Union (TFEU) and on the third, fourth and sixth indent s of Article 2(1) of 
Council Decision 98/415/EC2, as the draft regulation  relates to the OeNB, the collection of financial  
statistics  and financial stability . In accordance with the fi rst sentence of Article 17.5 of the Rules of 
Procedure of the European Central Bank, the Go verning Council has adopted this opinion.  
 
1. Purpose of the draft regulation  
1.1 Article 44d of the Federal Act on the Oesterreichische Nationalbank ( hereinafter the ‘OeNB Act ’) 
entitles the OeNB to prescribe the use of a technical reporting format (i.e. an integrated data 
model) that  enables reporting agents to  submit  reports , which they are required to submit to the 
OeNB,  in a standardi sed electronic format3. 
1.2 The draft regulation will replace the existing integrated data model regulation4, which reporting 
agents,  mainly credit institutions, must comply with when reporting data to the OeNB . Reports that 
comply with  the draft regulation must  be submitted to the OeNB electronic ally, and must contain 
data that is  broken down according to the transaction types (reporting concepts), attributes and 
value types specified and described in the annexes to the draft  regulation . 
1.3 The main purpose of t he draft regulation is  to add technical reporting formats for financial stability -
relevant data on an unconsolidated basis . The reporting format relates  to data which must  be 
                                                 
1  Verordnung der OeNB betreffend die Übermittlung von Meldedaten an die OeNB unter Anwendung eines Datenm o-
dells (Datenmodellverordnung 2016).  
2  Council Decision 98/415/EC of 29 June 1998 on the consultation of the European Central Bank by national author i-
ties regarding draft legislative provisions (OJ L 189, 3.7.1998, p. 42).  
3  This is based on: (a)  Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statist i-
cal information by the ECB ; (b) Article 6 of the Austrian Foreign Exchange Act 2004;  and (c) Articles 44 and 44b(2) 
of the OeNB Act.  
4  See Opinion CON/2015/27. All ECB opinions are published on the ECB’s website at www .ecb.europa.eu.  
ECB -PUBLIC  
2 reported to the OeNB pursuant to the regulation on the reporting of credit risk, country risk,  residual  
maturities, foreign currency loans and financial information concerning fully consolidated foreign 
subsidiaries of banks  (FinStab 1/2015)5. However, the reporting formats determined by the draft 
regulation do not apply to all data to be reported to the OeNB under FinStab 1/2015. Data on credit 
and country risks at foreign bank subsidiaries and consolidated entities  are only subject to the 
requirements of FinStab 1/2015 and are not required to also comply with the draft regulation.  
 
2. General observations  
The ECB notes that the draft regulation takes into account current reporting requirements and does not 
require  any new data or items to be reported. Furthermore, the draft regulation incorporates  the ECB’s 
statistical reporting requirements, since it refers very explicitly to several ECB legal acts.  The ECB 
welcomes the integration of  statistical and financial stability reporting introduced by the draft regulation as 
it aims to limit  the burden placed on reporting agents.  
 
This opinion will be published on the ECB’s website.  
 
 
Done at Frankfurt am Main, 19 May 2016 . 
 
[signed]  
 
The President of the ECB  
Mario DRAGHI  
                                                 
5  Meldeverordnung FinStab 1/2015 der OeNB betreffend die Erfassung von Kredit - und Länderrisiken, Res tlaufzeiten  
und Fremdwährungskredite sowie Finanzinformationen von Auslandstochterbanken (FinStab 1/2015 ). In relation to  
FinStab 1/2015, see Opinion CON /2015/30.