Consultation on draft ITS amending ITS on supervisory reporting on Liquidity Coverage Ratio

Following the Commission’s adoption on 10 October 2014 of a Delegated Act specifying the LCR framework, the EBA now has developed amendments to the current ITS on reporting. The proposed amendments are only applicable to credit institutions and not to investment firms. The latter will continue reporting the LCR items using the current instructions and templates. These ITS will provide credit institutions with a completely new set of templates and instructions so as to capture all the necessary LCR items and to adequately ensure a proper supervisory reporting of the LCR according to the Commission’s Delegated Act. In addition, these ITS outline all the necessary steps needed for the calculation of the ratio. For informative purposes only, the EBA is also publishing an excel-based “LCR calculation tool”, which is not part of the ITS and, therefore, will not have any legal value for reporting purposes.

Implementation timeline

In terms of implementation, the EBA is proposing to have the first reference date six months from the adoption of the updated ITS, with the restriction that the resulting reference date would be no earlier than December 2015.

Consultation process

Comments to this consultation can be sent to the EBA by clicking on the "send your comments" button on the consultation page. Please note that the deadline for the submission of comments is 10 February 2015.

The public hearing for the ITS will take place at the EBA premises on 15 January 2015 from 14.00 to 17.00 UK time. All contributions received will be published following the close of the consultation, unless requested otherwise.

Legal basis 

These draft ITS have been developed to adequately reflect at the reporting level the single rulebook, which will be to a great extent updated as a result of the Commission’s LCR Delegated Act.