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SRBYELLOWDECISION OF THE SINGLE RESOLUTION BOARD Date13/09/2023TitleData formats, representations, related additional assurance requirements and guidance for institutions reporting information required for the purpose of the 2024 contribution periodReferenceSRB/ES/2023/46 (Only the English text is authentic)THE SINGLE RESOLUTION BOARD, Having regard to the Treaty on the Functioning of the European Union, Having regard to Regulation (EU) No 806/2014 of the European Parliament and of
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Data formats representations refer to the various structures and standards used to encode and organize data for storage, transmission, and processing in computing systems.
Entities that manage or process data must file data formats representations related, including organizations that handle large volumes of data, software developers, and businesses that rely on data for decision-making.
To fill out data formats representations, one must follow the specified guidelines, provide accurate data encoding information, maintain consistency in format, and ensure compliance with relevant standards.
The purpose of data formats representations is to ensure accurate data exchange between systems, facilitate interoperability, and help maintain data integrity and consistency across different platforms.
Information that must be reported includes the format type, schema definitions, data structure specifications, and any encoding or compression methods used.
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