BearingPoint Institute: Reforming Regulatory Reporting: Are We Headed Toward Real-Time?
Austria’s Alpine slopes tend to get most attention at the start of a year, but in central bank circles, all eyes in early 2015 are on the opposite end of the country. In Vienna ambitious changes to the collection and interrogation of bank data by Austria’s central bank, the Oesterreische Nationalbank (OeNB), are causing quite a stir.
The solution adopted by the country’s forward-thinking central bank and banking sector represents a new approach to regulatory reporting, leaving formatted
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