Guidelines on retail deposits subject to different outflows for the purposes of liquidity reporting

Status: Final and translated into the EU official languages

These Guidelines will set the criteria for determining the conditions of application of the Capital Requirements Regulation (CRR) provisions related to the identification of retail deposits subject to different outflows than those specified in the CRR. The Guidelines will also specify the definitions of those deposits and the appropriate outflows for the purposes of liquidity reporting.

EBA publishes Guidelines on retail deposits subject to different outflows for the purpose of liquidity reporting

EBA publishes Guidelines on retail deposits subject to different outflows for the purpose of liquidity reporting

06 December 2013

The European Banking Authority (EBA) published today its final Guidelines on retail deposits subject to different outflows. The document aims at providing greater harmonisation in the reporting of retail deposits in the EU banking sector.

The EBA Guidelines are addressed to institutions and competent Authorities and set out the criteria for identifying retail deposits subject to different outflows during the following 30 days for the purpose of liquidity reporting under the Capital Requirements Regulation (CRR).

With the view of taking into account the behaviour of local depositors, in particular under stress conditions, these Guidelines allocate retail deposits subject to different outflows to three different categories, depending on their underlying risk. However, the Guidelines do not prescribe outflow rates for the three categories; they stipulate instead that institutions should report the amounts of retail deposits allocated to each of the three categories together with their own estimates of expected outflows under stress conditions.

Legal basis and next steps

The guidelines have been developed on the basis of Article 421(3)of Regulation 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms (CRR).

As part of the supervisory review process, competent authorities in the EU will review the assessment process completed by institutions to implement these Guidelines and report deposits subject to different outflows.

National competent authorities should implement these guidelines by incorporating them in their supervisory procedures within three months of publication. Thereafter, national competent authorities should ensure that institutions comply with them effectively.

According to Article 16(3) of the EBA Regulation, competent authorities must notify the EBA, as stated in the guidelines, as to whether they comply or intend to comply with these guidelines, or otherwise provide reasons for non-compliance by 6 February 2014.

Press contacts:

Franca Rosa Congiu

E-mail: press@eba.europa.eu - Tel: +44 (0) 207 382 1772