EBA launched its annual EU-wide transparency exercise, which is based on the supervisory reporting data. EBA will publish a risk assessment report and release up to 2.2 million data points on about 130 EU banks in November 2019. This year, the transparency exercise will disclose data with quarterly rather than semi-annual frequency, to provide users with more granular supervisory data for time-series analysis.
EBA conducts the transparency exercise in an effort to monitor risks and vulnerabilities in the Single Market and to reinforce market discipline. The data to be published in November will cover capital positions, financial assets, risk exposure amounts, sovereign exposures, and asset quality. This year, EBA will also provide a more detailed overview of the financial assets and risk-weighted assets of banks.
Related Link: Press Release
Keywords: Europe, EU, Banking, Data Collection, Risk Assessment Report, Transparency, Reporting, EBA
Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions.
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