EN ECB -PUBLIC  
 
OPINION OF THE EUROPEAN CENTRAL BANK  
of 10 August  2015  
on the use of an integrated data model  for reporting data to the Oesterreichische Nationalbank  
(CON/ 2015/ 27) 
 
Introduction and legal basis  
On 14 July 2015 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 integrated 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 and on the third and fourth indent s of Article 2(1) of Council 
Decision  98/415/EC2, as the draft regulation relates to the OeNB and the collection of balance of 
payments statistics . In accordance with the first sentence of Article 17.5 of the Rules of Procedure of the 
European Central Bank, the Governing Council has adopted this opinion.  
 
1. Purpose of the draft regulation  
1.1 Article 44(d) of the Federal Act on the Oesterrei chische Nationalbank entitles the OeNB to 
prescribe the use of a technical reporting format (such as  an integrated data model) that enables 
reporting agents to  submit required reports to the OeNB  in a standardi sed electronic manner.   
1.2 Through the draft regulation, the OeNB therefore exercises  its statutory right to prescribe an 
integrated data model to be used by reporting agents, who are mainly credit institutions, when 
reporting data to the OeNB . Accordingly, the main purpose of t he draft regulation is  to facilitate the 
submi ssion of  standardised electronic reports  by reporting agents . It does not define any new data 
or items to be reported.  
1.3 The draft regulation defines the structure and granularity of report s that are to be submitted to meet 
existi ng reporting requirements.  The data model allows reporting data to be collected based on 
individual transactions that are mapped in a multi -dimensional data matrix using descriptive 
attributes. Reports based on the draft regulation have to be submitted to the OeNB in electronic 
form and broken down according to transaction types, attributes and other value types specified 
                                                 
1  Verordnung der OeNB betreffend die Übermittlung von Meldedaten an die OeNB unter Anwendung eines 
Datenmodells (Datenmodellverordnung).  
2  Council Decision 98/415/EC of 29 June 1998 on the consultation of the European Central Bank by national 
authorities regarding draft legislative provisions (OJ L 189, 3.7.1998, p. 42).  
ECB -PUBLIC  
2 and described in its enclosures.   
1.4 The integrated  data model will be used for reporting of data on securities3, loans4 and deposits and 
impersonal accounts5. Additionally, r eporting agents will be required to submit anchor values in 
order to ensure reporting quality. According to the draft regulation, the OeNB will publish further 
material relating to technical specifications and issues of interpretation on its website so as  to 
support reporting agents  in their appl ication of  the integrated data model.   
 
2. General observations  
2.1 The ECB notes that the draft regulation takes into account current reporting requirements and does 
not defi ne any new data or items to be reported. Furthermore, the draft regulation fulfils the ECB’s 
statistical reporting requirements, as indicated by its references to several ECB legal acts. The 
ECB welcomes the granular, integrated and flexible approach introduced by the draft regulation , as 
it will contribute to minimising the burden on reporting agents.   
 
This opinion will be published on the ECB’s website.  
 
 
Done at Frankfurt am Main, 10 August  2015.  
 
[signed]  
 
The President of the ECB  
Mario DRAGHI  
 
                                                 
3  See Article 2 of the draft regulation.  
4  See Article 5 of the draft regulation.  
5  See Article 8 of the draft regulation.