June 22, 2018

BCB is consulting on the pillar 3 disclosure requirements in Brazil and the consultation ends on August 21, 2018. The proposal is in line with the Pillar 3 disclosure requirements published by BCBS. The new rules should come into force in January 2020.

The aim is to improve comparability of risk-weighted assets of institutions and enhance transparency to approaches based on internal models. The consultation also contains all tables with disclosure requirements instituted by BCBS. The disclosure requirements created by the new "Pillar 3 Report" are organized in fixed format tables, which cannot be changed in the presentation format, and by flexible tables, through which institutions can present information in the manner they deem appropriate. In addition to establishing the new requirements in relation to the obligations, the Pillar 3 Report will consolidate requirements currently set out in specific circulars. The rules established in the Pillar 3 Report will be applied proportionally, according to the size and importance of each institution to the National Financial System. Systemically important institutions will have to submit more data while simpler institutions, in the segment S5, will be exempt from disclosures. 

 

Related Links (in Portuguese)

Comment Due Date: August 21, 2018

Effective Date: January 2020

Keywords: Americas, Brazil, Banking, Pillar 3, Disclosures, BCB

Related Articles
News

US Agencies Consult on Capital Treatment of Land Development Loans

US Agencies (FDIC, FED, and OCC) issued a proposed rule on the treatment of loans that finance the development of land for purposes of the one- to four-family residential properties exclusion in the definition of high volatility commercial real estate (HVCRE) exposure in the regulatory capital rule.

July 12, 2019 WebPage Regulatory News
News

EBA Single Rulebook Q&A: Second Update for July 2019

Under the Single Rulebook question and answer (Q&A) updates for this week, EBA published answers to five questions related to supervisory reporting.

July 12, 2019 WebPage Regulatory News
News

ESMA Updates Manual for European Single Electronic Format in EU

ESMA updated the reporting manual for European Single Electronic Format (ESEF).

July 12, 2019 WebPage Regulatory News
News

FED Updates Supplemental Instructions for Reporting Form FR Y-9C

FED updated the supplemental instructions for FR Y-9C reporting.

July 12, 2019 WebPage Regulatory News
News

EBA Publishes Report on Monitoring Implementation of LCR in EU

EBA published its first report on the monitoring of the implementation of liquidity coverage ratio (LCR) in EU.

July 12, 2019 WebPage Regulatory News
News

EIOPA Consults on Reporting and Disclosures Under Solvency II Review

EIOPA launched a consultation package on supervisory reporting and public disclosure in the context of its work linked with the 2020 Solvency II review.

July 12, 2019 WebPage Regulatory News
News

APRA Applies Additional Capital Requirements to Three Australian Banks

APRA is applying additional capital requirements to three major banks in Australia to reflect higher operational risk identified in their risk governance self-assessments.

July 11, 2019 WebPage Regulatory News
News

IMF Report on 2019 Article IV Consultation on Euro Area Policies

IMF published its staff report in context of the 2019 Article IV consultation on euro area policies with member countries.

July 11, 2019 WebPage Regulatory News
News

FSB to Survey Practices on Cyber Incident Response and Recovery

FSB launched a survey on the industry practices on cyber incident response and recovery.

July 11, 2019 WebPage Regulatory News
News

ECB Appoints New Members of Supervisory Board

The Governing Council of ECB appointed Edouard Fernandez-Bollo, Kerstin af Jochnick, and Elizabeth McCaul as representatives to the Supervisory Board of ECB Banking Supervision, for a five-year non-renewable term.

July 11, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3441