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Central Credit Register and Anacredit Report management of tax credits assignment according to COVID-19 legal measures

Bank of Italy highlights the transactions are not entitled to collect fees and in absence of any creditworthiness assessment in the decision to purchase or not tax credits, they have not to report to the Central Credit Register.

The assignments of tax credits are not reported to AnaCredit because they have not features which appears in the Regulation (UE)  2016/867 (Anacredit Regulation) defines the types of financing of the reporting.

Supervisory Authority highlights the funding and/or advances granted by intermediares in support of the transactions that benefit from some tax concessions, they are reported to CR and to AnaCredit according to  general principle applicable to two reportings.

Read or download here:

Bank of Italy Communication, 14th January 2021 

 

Look at our solutions about the Central Credit Register reporting.