The ECB has implemented the same validation checks, hence all updates received by the ECB which pass the validation checks are automatically implemented in the MFI dataset.

Please refer to the section on "Validation checks" above for specific information on whether failure of the validation check would result in a rejection of the entire request, or an implementation of the request supplemented with a warning.

During the twelve months following the entry into force of this Regulation, each Member State shall submit to the Commission a report describing the way in which data is collected and verified, specifying the reliability of such data.

The following criteria are to be used for checking validity when aggregating data and calculating statistical parameters:

Eurostat shall apply some validation checks to the data transmitted by Member States, before the data are loaded into the production database.

where the verification of the available data is positive, the competent authorities may issue a transit visa with a maximum validity of five days;

where the verification of the available data is positive, the competent authorities may issue a transit visa with a maximum validity of five days.

where the verification of the available data is positive and the outcome clearly concurs with the seaman's declaration or documents, the competent authorities at the Schengen airport of entry or exit can issue a transit visa at the border with a maximum validity of five days.