In our response to the European Banking Authority’s Discussion Paper draft guidelines on management of non-performing and forborne exposures, ACCIS says that ‘an adequate technical infrastructure’ should enable banks’ non-performing exposures workout units (NPE WUs) to easily access all relevant data and documentation including […] access to central credit registers […] and other relevant external data sources such as credit bureaus.

In line with EBA’s acknowledgement of the helpfulness of credit data, ACCIS also recommends mentioning ‘credit bureaus’ within the context of the external information on the basis of which Early Warning Indicators should be set.