Guidelines on the LCR disclosure

Status: Final and translated into the EU official languages

These Guidelines aim to specify key liquidity ratios and figures in a harmonised manner across the EU, as envisaged in Article 435 (1) CRR for the general disclosure framework which includes liquidity risk. They build on the Liquidity Coverage Ratio disclosure standards published by the Basel Committee on Banking Supervision (BCBS) in March 2014. They contain a harmonised table on liquidity risk management and harmonised templates for the LCR disclosure together with all relevant instructions.

Consultation on Guidelines on the LCR disclosure (EBA/CP/2016/06)

Summary
11/05/2016

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on the Liquidity Coverage Ratio (LCR) disclosure. These Guidelines harmonise and specify both the qualitative and quantitative information that institutions are required to disclose on liquidity and namely on the LCR.  The consultation will run until 11 August 2016.
 
LCR disclosure is crucial for the assessment of liquidity risk management and for the decision making process of market participants. To this end, these draft Guidelines that the EBA is developing under its own initiative, provide uniform tools for the liquidity disclosure framework. In particular, they include (i) a qualitative and quantitative harmonised table for the disclosure of general information on liquidity risk management – already laid down in the Capital Requirements Regulation (CRR) -, as well as (ii) qualitative and quantitative templates and relative instructions for the disclosure of information on the LCR composition. In addition, they specify the key figures and metrics in the context of liquidity risk.
 
The application of these Guidelines is expected to take place not earlier than 30 June 2017.

Consultation process

Comments to this consultation can be sent to the EBA by clicking on the "send your comments" button on the consultation page. All contributions received will be published following the close of the consultation, unless requested otherwise. Please note that the deadline for the submission of comments is 11 August 2016.
 
A public hearing will take place at the EBA premises on 13 June 2016 from 15:00 to 17:00 UK time.
 

Legal basis and background

These Guidelines have been developed under the EBA’s own initiative in accordance with Article 16 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC, which envisages that the EBA  shall issue guidelines with a view to ensuring the common, uniform and consistent application of Union law.
 
These draft Guidelines build on the LCR disclosure standards published by the Basel Committee on Banking Supervision (BCBS) in March 2014.