Adopted and published on the Official Journal
The Implementing Technical Standards on supervisory disclosure specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities in the banking sector. These ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in Europe.
The European Banking Authority (EBA) today launched a public consultation on its draft Implementing Technical Standards (ITS) on supervisory disclosures. The amended draft ITS incorporate the changes to the EU legal framework, in particular those related to supervisory reporting and investment firms.
These draft amending ITS aim at specifying the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities. The amendments to the ITS aim to reflect the changes to the EU legal framework under (Capital Requirements Regulation) CRR2 and Capital Requirements Directive (CRD V), in particular those related to supervisory reporting for investment firms.
Moreover, by amending the existing supervisory disclosure framework, the draft ITS shall enhance the quality and comparability of the reported data by supervisors and enhance transparency by providing the market with more information.
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 9 March 2023. All contributions received will be published following the end of the consultation, unless requested otherwise.
A public hearing will be organised in the form of a webinar on 28 February 2023 from 14:00 to 15:00 CET. The EBA invites interested stakeholders to register using this link by 24 February at 12:00 CET.
The dial-in details will be communicated in due course.
The ITS on supervisory disclosure have been developed in accordance with Article 143 of the CRD, which mandates the EBA to specify the format, structure, contents list and annual publication date of the information competent authorities shall publish on rules and guidance, options and discretions, general criteria and methodologies for the Supervisory Review and Evaluation Process (SREP) and aggregate statistical data on key aspects of the implementation of the prudential framework.
The amendments reflect changes resulting from the legislation adopting the banking package under Directive (EU) 2019/878 amending Directive 2013/36/EU (CRD V) and Regulation (EU) 2019/876 amending Regulation (EU) No 575/2013 (CRR2).
The former final draft ITS were published in the EU Official Journal on 15 March 2021.
The European Banking Authority (EBA) published today its final draft amending Implementing Technical Standards (ITS) on supervisory disclosures, which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities. The amended draft ITS incorporate the changes to the EU legal framework, in particular the changes related to supervisory reporting and investment firms.
These draft amending ITS aim at specifying the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities. The rationale for amending the ITS was to consider changes to the EU legal framework, in particular the changes related to supervisory reporting and investment firms. The amendments reflect changes resulting from the legislation adopting the banking package under Directive (EU) 2019/878 amending Directive 2013/36/EU (CRD V) and Regulation (EU) 2019/876 amending Regulation (EU) No 575/2013 (CRR2).
In addition, these amended ITS aim at enhancing the quality and comparability of the reported data by supervisors and provide the market with more information, enhancing transparency in this regard.
The ITS on supervisory disclosure have been developed in accordance with Article 143 of the CRD, which mandates the EBA to specify the format, structure, contents list and annual publication date of the information competent authorities shall publish on rules and guidance, options and discretions, general criteria and methodologies for the SREP and aggregate statistical data on key aspects of the implementation of the prudential framework.
The former final draft ITS was published in the EU Official Journal on 28 May 2019.
The European Banking Authority (EBA) published today final draft Implementing Technical Standards (ITS) which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities in the banking sector.
These final draft ITS are structured into seven articles covering the following areas:
Following the conclusion of the consultation process, which ended in October 2013, the EBA finalised these draft ITS taking into account the responses to the relevant consultation paper - to the extent that comments could be addressed.
These draft ITS have been developed on the basis of Directive 2013/36/EU published in the Official Journal of the European Union on 27 June 2013.
The final standards have been sent today to the European Commission for their adoption as EU Regulations that will be directly applicable throughout the EU.
The European Banking Authority (EBA) launches today a consultation on draft Implementing Technical Standards (ITS) which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities in the banking sector. These ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 9 October 2013.
These draft ITS are structured into seven articles covering the following areas:
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 9 October 2013.
All contributions received will be published following the close of the consultation, unless requested otherwise.
A public hearing will take place at the EBA premises on 27 September 2013 from 9:00 to 13:00 hours UK time.
The proposed draft ITS have been developed on the basis of Directive 2013/36/EU published in the Official Journal of the European Union on 27 June 2013. The EBA is expected to submit these draft ITS to the European Commission for endorsement by 1 January 2014.