Article 143

Capital Requirements Directive (CRD) > TITLE VIII > Article 143
Article 143
General disclosure requirements
Main content: 

1.    Competent authorities shall publish the following information:

(a)    the texts of laws, regulations, administrative rules and general guidance adopted in their Member State in the field of prudential regulation;

(b)    the manner of exercise of the options and discretions available in Union law;

(c)    the general criteria and methodologies they use in the review and evaluation referred to in Article 97, including the criteria for applying the principle  of  proportionality  as  referred  to  in Article 97(4);

(d)    without prejudice to the provisions set out in Title VII, Chapter 1, Section II of this Directive and Articles 54 and 58 of Directive 2004/39/EC, aggregate statistical data on key aspects of the im­ plementation of the prudential framework in each Member State, including the number and nature of supervisory measures taken in accordance with Article 102(1)(a) and of administrative penalties imposed in accordance with Article 65.

2.    The information published in accordance with paragraph 1 shall be sufficient to enable a meaningful comparison of the approaches adopted by the competent authorities of the different Member States. The disclosures shall be  published  following  a  common  format  and updated regularly. The disclosures shall be accessible at a single elec­ tronic location.

3.    EBA shall develop draft implementing technical standards to determine the format, structure, contents list  and  annual  publication date of the information listed in paragraph 1.

EBA shall submit those draft implementing technical standards to the Commission by 1 January 2014.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.