Featured Product

    EBA to Release Data for 2020 Spring Transparency Exercise Next Week

    June 02, 2020

    EBA announced that it will release the bank-by-bank data of the Spring 2020 EU-wide transparency exercise on Monday, June 8. In 2020, following the postponement of the EU-wide stress test exercise, EBA is going to release two Transparency exercises, one in late Spring and one in late Autumn, that will inform the public on the conditions of the EU banking sector at the start of the COVID-19 crisis and the impact of the crisis in the first half of 2020. Both the Spring and the Autumn exercises are going to be exclusively based on supervisory reporting data and do not entail additional reporting burden for banks.

    EBA launched this additional Spring 2020 EU-wide transparency exercise to provide market participants with updated information on the financial conditions of EU banks as of December 31, 2019, prior to the start of the COVID-19 pandemic. Through this transparency exercise, similar to the annual transparency exercises EBA has performed in the past, EBA will release about one million data points, on average more than 7,500 for about 125 participating banks. The data, with reference date as of December 2019, will cover banks’ capital positions, financial assets, financial liabilities, risk exposure amounts, sovereign exposures, and asset quality. EBA considers that the provision to market participants of continuous information on banks’ exposures and asset quality is crucial, particularly in moments of increased uncertainty.

    EBA has been conducting transparency exercises at the EU-wide level on an annual basis since 2011. The transparency exercise is part of the ongoing efforts to foster transparency and market discipline in the EU financial market. This exercise complements the own Pillar 3 disclosures of banks, as laid down in the EU Capital Requirements Directive. Along with the dataset, EBA also provides a wide range of interactive tools that allow users to compare and to visualize data across time and at a country and a bank-by-bank level.

     

    Related Links

    Keywords: Europe, EU, Banking, COVID-19, Transparency, Spring 2020 Transparency Exercise, Basel, Reporting, EBA

    Featured Experts
    Related Articles
    News

    BoE Seeks Information Before Migrating Statistical Reporting to BEEDS

    The Bank of England (BoE) published the Statistical Notice 2021/09 requiring additional information from firms and software vendors to assist in the onboarding and testing phases for migrating statistical reporting to the BEEDS portal.

    October 25, 2021 WebPage Regulatory News
    News

    CFRF Publishes Guides to Manage Financial Risks from Climate Change

    The working groups of the Climate Financial Risk Forum (CFRF) published a second round of guides (or Session 2 guides), written by the industry for the industry, to help financial firms manage climate-related financial risks.

    October 21, 2021 WebPage Regulatory News
    News

    EBA Updates Filing Rules for Supervisory Reporting

    The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    EBA Publishes Standards on Disclosure of Investment Policy Under IFR

    The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).

    October 19, 2021 WebPage Regulatory News
    News

    EC Sets Out Work Program for 2022

    The European Commission (EC) adopted the work program for 2022.

    October 19, 2021 WebPage Regulatory News
    News

    APRA Finalizes Guidance for New Prudential Standard on Remuneration

    The Australian Prudential Regulation Authority (APRA) published the prudential practice guide CPG 511 to assist banks, insurers, and superannuation licensees in meeting requirements of CPS 511, the new prudential standard on remuneration.

    October 18, 2021 WebPage Regulatory News
    News

    ESAs Report on Supervisory Independence of Competent Authorities

    The European Supervisory Authorities (ESAs) published individual reports on the supervisory independence of competent authorities in their respective sectors.

    October 18, 2021 WebPage Regulatory News
    News

    FED Updates FR Y-9C Form and Instructions, Proposes to Extend FR 2510

    The Board of Governors of the Federal Reserve System (FED) updated reporting form and instructions, along with the associated supplemental instructions, for the information collection on consolidated financial statements for holding companies (FR Y-9C).

    October 18, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7590