Nine in 10 EU banks reported flawed prudential data in Q2

- By Lorenzo Migliorato
- 12 Nov 2021

Recent changes to European Union regulatory reporting have thrown data-gathering efforts into disarray, with almost nine in 10 banks submitting flawed second-quarter data to the European Central Bank.

Of the 117 institutions that submitted periodic supervisory data as of end-June, 101 (86%) failed to pass muster with the ECB’s validation rules on at least one point – the most since comparable

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