General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
June 01, 2018

EBA published the final draft implementing technical standards on the format, structure, contents list, and annual publication date of the supervisory information to be disclosed by competent authorities. These standards are in accordance with Article 143(3) of the Capital Requirements Directive (CRD IV or Directive 2013/36/EU) and amend the Commission Implementing Regulation (EU) No 650/2014. The draft implementing standards will be submitted to EC for endorsement, following which they will be published in the Official Journal of the European Union. This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

The amended implementing standards incorporate the changes to the EU legal framework—particularly the Liquidity Coverage Ratio Delegated Act (LCR DA), the EBA guidelines on the Supervisory Review and Evaluation Process (SREP), and the establishment of the Single Supervisory Mechanism (SSM). The amendments will enhance transparency, ensure consistency between the templates and instructions, and will contribute to reducing the level of different interpretation between reporting. Annexes to the implementing standards regulation contain the detailed templates and are based on different regulatory topics: rules and guidance (Annex I), options and discretions (O&Ds) available in Union law (Annex II), SREP (Annex III), and aggregate statistical data (Annex IV).

The draft implementing technical standards include the following key amendments:

  • Annex I contains the updated model approval section, with information on market risk and counterparty credit risk.
  • Annex II has been updated to include the new O&Ds deriving from the LCR DA. The proposed amendments clarify which O&Ds are permanent nature and which are transitional. Moreover, the annex now differentiates between O&Ds whose exercise has been entrusted to competent authorities and O&Ds whose exercise has been entrusted to member states. It also separates the information on O&Ds for credit institutions and investment firms.
  • Annex III has been updated to incorporate the new EBA guidelines on SREP.
  • Annex IV proposes reporting of aggregate information for each competent authority.
  • Annex V has been introduced to implement binding instructions for filling the templates in the first four Annexes.

 

Related Link: Press Release and Documents

Effective Date: OJ + 20 Days

Keywords: Europe, EU, Banking, Supervisory Disclosure, CRD IV, Options and Discretions, SREP, Implementing Technical Standards, EBA

Related Insights
News

EBA Finalizes Guidelines on the STS Criteria in Securitization

EBA published the final guidelines that provide a harmonized interpretation of the criteria for a securitization to be eligible as simple, transparent, and standardized (STS) on a cross-sectoral basis throughout EU.

December 12, 2018 WebPage Regulatory News
News

OSFI Sets Domestic Stability Buffer for D-SIBs at 1.75%

OSFI set the level for the Domestic Stability Buffer at 1.75% of total risk-weighted assets, as calculated under the Capital Adequacy Requirements (CAR) Guideline.

December 12, 2018 WebPage Regulatory News
News

FSI Publishes Paper on Proportionality in Insurance Solvency Rules

FSI published a paper on proportionality in the application of insurance solvency requirements.

December 11, 2018 WebPage Regulatory News
News

BCBS Updates Framework for Pillar 3 Disclosure Requirements

BCBS published the updated framework for Pillar 3 disclosure requirements.

December 11, 2018 WebPage Regulatory News
News

EBA Issues Revised List of Validation Rules for Reporting

EBA revised the list of validation rules in its implementing technical standards on supervisory reporting.

December 11, 2018 WebPage Regulatory News
News

IMF Reports Assess the Stability of Financial System in Brazil

IMF published a report on the results of the Financial System Stability Assessment (FSSA) on Brazil.

December 11, 2018 WebPage Regulatory News
News

FED Governor Examines Pros of Imposing Capital Buffers on Large Banks

At the Peterson Institute for International Economics in Washington D.C., the FED Governor Lael Brainard summarized the financial stability outlook, highlighted areas where financial imbalances seem to be building, and touched on the related policy implications.

December 07, 2018 WebPage Regulatory News
News

US Agencies Propose Rule on Appraisals for Real Estate Transactions

US Agencies (FDIC, FED, and OCC) proposed a rule to increase the threshold level at or below which appraisals would not be required for the residential real estate transactions from USD 250,000 to USD 400,000. Comments will be accepted for 60 days from publication in the Federal Register.

December 07, 2018 WebPage Regulatory News
News

EBA Single Rulebook Q&A: First Update for December 2018

This week one answer was published as part of the Single Rulebook Questions and Answers (Q&A).

December 07, 2018 WebPage Regulatory News
News

FED Updates Reporting Form and Instructions for FR Y-14Q

FED published the updated reporting form FR Y-14Q for Capital Assessment and Stress Testing, along with the associated instructions.

December 06, 2018 WebPage Regulatory News
RESULTS 1 - 10 OF 2325