1. Session 6 – Multinational Groups Expanding the usage of the ECB’s “Register of Institutions and Assets Database” (RIAD)
Rita B. Choudhury
Twentieth International Roundtable on Business Survey Frames
Wiesbaden, Germany: October 2007

2. Overview What is the “RIAD”? Who uses the RIAD datasets and why?
Short-term planned changes.
Medium-term changes.
Legislative framework.

3. The RIAD technical environment
What is the “RIAD”?
The RIAD technical environment
RIAD datasets
NCBSI

4. What is the “RIAD?” – process overview
Transmission
ESCB Net (to be replaced soon) –transmission channel.
File transfer - XML format & schema.
Internal processes
Priority (optional) processing of data file.
Automatic generation of acknowledgements.
Automatic syntax & validation checks.
Automatic upload of checked data.
Automatic replication & publication.
Automated links between datasets.

5. What is the “RIAD?” – process overview (cont.)
Monitoring using Graphical User Interface
Easy, quick access using Web Browser.
Up-to-date predefined monitoring reports.
Up-to-date predefined analytical reports.
Querying & reporting functionalities.
Transmission logs.
Dissemination (daily & monthly frequency)
‘Raw’ & Aggregated data.
Data access (query/ download files, mailing lists) via ECB’s website.
Time-series data – access via Statistical Data Warehouse.

6. Who uses the RIAD and why?
Monetary Financial Institutions (MFI) dataset
Entities identified as “MFI” (ESA95 S S.122) in EU-27.
Identification, location, ownership and merger activity attributes.
End-September 2007: 10,147 MFIs.
Data used for:
Analysis/reference (Statistics, Legal, Front Office, Back Office, Stability and Supervision, Payments)
Monitoring non-compliance of balance-sheet data (Statistics)
Identifying foreign-exchange counterparties (Risk mgmt., Internal Finance)
Cross-checking eligible minimum reserves counterparties (Market Ops.)

7. Who uses the RIAD and why? (cont.)
Counterparties eligible for monetary policy operations (MPEC)
Credit institutions subject to minimum reserves.
Variables on eligibility criteria and amounts – for reference.
End-September 2007: 6,128 entities.
Eligible Assets Dataset (EAD)
Financial securities eligible for use as collateral.
Variables on eligibility criteria, issuer, amounts etc. - for reference.
End-September 2007: 25,245 eligible assets.
Non compliance of MFI Balance Sheet Statistics (NCBSI)
MFIs which are non-compliant with balance sheet reporting rules.
Confidential data - used for monitoring.

8. Planned changes Over 5 years of experience with RIAD.
Environment is robust, reliable and flexible.
RIAD is ideal for collection, processing and dissemination of micro-data on institutions & financial assets.
Thus, now considering:
ADDING more datasets to the RIAD portfolio
ENHANCING functionalities
IMPROVING access and dissemination
EXPANDING access

9. Planned changes: short-term
New dataset: List of investment funds (IF)
Investment funds (ESA95 S.123 sub-sector) in the EU-27.
Identification, location and key characteristics (merger, ISIN, NAV).
Provisional exercise in 2004 – around 44,000 entities.
Regular collection from mid-2008. ID
Name of the fund
Management company
Address
City
Legal
Structure
Sub fund AT
3 BANKEN AMERICAN TOP-MIX MITEIGENTUMSANTEILE/USD
3 Banken-Generali Investment-Gesellschaft m.b.H.
Tuchlauben 14
Wien
Open-end
Other: UCITS No AT
3 BANKEN ASIA STOCK-MIX MITEIGENTUMSANTEILE AT
3 BANKEN AVM AKTIEN-DACHFONDS MITEIGENTUMSANTEILE AT
3 BANKEN BVP-BOND MITEIGENTUMSANTEILE
Other: Non-UCITS AT
3 BANKEN BVP-STOCK MITEIGENTUMSANTEILE AT
3 BANKEN CORPORATE BOND-MIX (A) MITEIGENTUMSANTEILE

10. Nature of securitisation
Planned changes: short-term
New dataset: List of financial vehicle corporations (FVC)
Financial vehicle corporations (ESA95 S.123 sub-sector) in the EU-27.
Identification, location and limited key characteristics.
Preliminary exercise 2006/7 – over 1,300 entities.
Regular collection from mid-2008. ID
Name
Address
Postal
City
Nature of securitisation
Management company
ISIN_1
PT8135
Nostrum Mortgages , FTC
R. General Firmino Miguel, 5, 1º
Lisboa T
Manage by: Finantia - Sociedade Gestora de Fundos de Titularização de Créditos, SA
PTFNFBTM0005
PT8134
Nostrum Consumer Finance Fundo
PTFNFAQM0009
PT8126
Lusitano Mortgages nº 1
R. Castilho, 20
Manage by: Navegator - Sociedade Gestora de Fundos de Titularização de Créditos, SA
PTNVGBTM0004
PT8160
Eiffel I
PTNV6ATM0005

11. Planned changes: short-term (cont.)
Adding more variables to MFI dataset
Collection of more variables to MFIs such as:
total assets
foreign status (identify foreign branch & foreign subsidiary)
ownership structure (parent & ultimate parent)
credit institution breakdown
Other identification codes
User requirements exercise (ESCB input) started recently.
Collection of data tentatively from end-2008 onwards.

12. Planned changes: short-term (cont.)
Enhancing RIAD functionalities
Improved data access and links to other ECB databases.
Improved Graphical User Interface (internal) functionalities.
Availability of Graphical User Interface to external parties.

13. Planned changes: medium-term
New dataset: List of Insurance Corporations & Pension Funds
Entities identified under ESA95 S.125 sub-sector in the EU-27.
Definitions & conceptual framework – currently being discussed.
Identification, location and key characteristics for collection.
Reporting possibly from onwards.
Contribution to Eurogroups Register
Extent to which ECB’s extensive range of current and forthcoming registers can contribute to EGR (for discussion).

14. RIAD: Legislative framework
Legal instruments are published on the ECB’s website.
MFI, NCBSI, IF:
Regulation (EC) No 958/2007 of the ECB of 27 July 2007 concerning statistics on the assets and liabilities of investment funds  (ECB/2007/8).
Guideline of the ECB of 1 August 2007 on monetary, financial institutions and markets statistics (recast) (ECB/2007/9).
MPEC, EAD:
Guideline of the ECB of 31 August 2000 on monetary policy instruments and procedures of the Eurosystem (ECB/2000/7).
Refer also to associated Guidelines amending Guideline ECB/2000/7.

15. RIAD: End of Presentation
Thank You.