Common use of Resubmission Clause in Contracts

Resubmission. In some cases, even after extensive analysis by DNB or the European Central Bank, the submitted AnaCredit data set may turn out to be incorrect15 (see also 2.7.5). If the cause is a signalling or plausibility rule (appendix B), the agent in question is contacted to provide an explanation. If, based on this explanation, the data submitted is found to be incorrect, DNB can demand a resubmission. A new reporting obligation for the period in question will then be created in the Digital Reporting Portal.