Featured Product

    EBA Launches the 2018 Data Transparency Exercise for EU

    September 24, 2018

    EBA launched its fifth annual data transparency exercise for EU. EBA will start the interaction with banks, for supervisory reporting data population and verification. The data will be frozen in mid-November 2018 and EBA expects to publish it in December 2018, along with the EBA 2018 Risk Assessment Report. The transparency exercise covers a wide sample of banks and countries and provides consistent time series of semi-annual bank-by-bank financial information since 2011.

    In 2018, the sample of banks will be aligned with the one used for the 2018 EBA Risk Assessment Report. The exercise will be based exclusively on supervisory reporting data, which will keep the burden for the banks at a minimum. The data for December 2017 and June 2018 will cover financial information on capital, leverage ratio, risk exposure amounts, profit and losses, market risk, securitization, credit risk, exposures to sovereign, non-performing exposures, and forborne exposures. The information reported will be mostly in line with the previous exercises, although the introduction of IFRS 9 has required a revision of FINREP-based templates. In addition, sovereign exposures data will be enriched with additional information and aligned with the new supervisory reporting tables.

    In December 2018, along with the Risk Assessment Report, EBA will release over 900,000 data points on about 130 EU banks. The data will cover capital positions, risk exposure amounts, sovereign exposures, and asset quality. This data disclosure, which provides the wider public with a consistent tool to access data on the EU banking system, is an important component of the responsibility of EBA to monitor risks and vulnerabilities and foster market discipline.

     

    Related Link: News Release

    Keywords: Europe, EU, Banking, Transparency Exercise, Data Collection, Risk Assessment Report, EBA

    Related Articles
    News

    EU Amends CRD4 and CRD5 as Part of Capital Markets Recovery Package

    EU published Directive 2021/338, which amends the Markets in Financial Instruments Directive (MiFID) II and the Capital Requirements Directives (CRD 4 and 5) to facilitate recovery from the COVID-19 crisis.

    February 26, 2021 WebPage Regulatory News
    News

    EU Committee Recommends Systemic Risk Buffer of 4.5% in Norway

    The Standing Committee of the European Free Trade Association (EFTA) recommended that a systemic risk buffer level of 4.5% for domestic exposures can be considered appropriate for addressing the identified systemic risks to the stability of the financial system in Norway.

    February 25, 2021 WebPage Regulatory News
    News

    PRA Clarifies Approach to Onshoring of Credit Risk Rules for UK Banks

    In a recent statement, PRA clarified its approach to the application of certain EU regulatory technical standards and EBA guidelines on standardized and internal ratings-based approaches to credit risk, following the end of the Brexit transition.

    February 25, 2021 WebPage Regulatory News
    News

    FSB Sets Out Work Priorities for 2021

    In a recently published letter addressed to the G20 finance ministers and central bank governors, the FSB Chair Randal K. Quarles has set out the key FSB priorities for 2021.

    February 25, 2021 WebPage Regulatory News
    News

    EU Publishes Corrigendum to Revised Capital Requirements Regulation

    EU published, in the Official Journal of the European Union, a corrigendum to the revised Capital Requirements Regulation (CRR2 or Regulation 2019/876).

    February 25, 2021 WebPage Regulatory News
    News

    ESAs Issue Statement on Application of Sustainability Disclosures Rule

    ESAs published a joint supervisory statement on the effective and consistent application and on national supervision of the regulation on sustainability-related disclosures in the financial services sector (SFDR).

    February 25, 2021 WebPage Regulatory News
    News

    EC Consults on Crisis Management and Deposit Insurance Frameworks

    EC published a public consultation on the review of crisis management and deposit insurance frameworks in EU.

    February 25, 2021 WebPage Regulatory News
    News

    HKMA Enhances Loan Guarantee Scheme to Alleviate Pressure on SMEs

    HKMA announced that enhancements will be made to the Special 100% Loan Guarantee of the SME Financing Guarantee Scheme (SFGS) and the application period will be extended to December 31, 2021.

    February 24, 2021 WebPage Regulatory News
    News

    EBA Proposes Standards for Supervisory Cooperation Under IFD

    EBA launched consultations on the regulatory and implementing technical standards on cooperation and information exchange between competent authorities involved in prudential supervision of investment firms.

    February 24, 2021 WebPage Regulatory News
    News

    BoE Addresses Banks in Scope of First Resolvability Assessment

    BoE issued a letter to the CEOs of eight major UK banks that are in scope of the first Resolvability Assessment Framework (RAF) reporting and disclosure cycle.

    February 24, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6629