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

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