Summary Tue, 03/08/2016 - 10:36
The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) amending the Commission's Implementing Regulation (EU) No 680/2014 on supervisory reporting.
These final draft ITS include minor changes to templates and instructions which the EBA deemed necessary in order to reflect some of the answers published in its Single Rulebook Q&A, to align with disclosure requirements for capital buffers as well as to correct legal references and other clerical errors. The amendments are expected to be applicable for reporting as of December 2016.
To help users better understand the amendments, the EBA also published a version of the Annexes of this final ITS in track-changes. In addition, validation rules, data point model (DPM) and XBRL taxonomies reflecting the amended templates – collectively known as ‘framework release 03/2016' – have also been published.
The EBA is required to develop ITS specifying supervisory reporting in the areas of own funds, financial information, losses stemming from lending collateralised by immovable property, large exposures, leverage ratio, liquidity ratios, asset encumbrance, additional liquidity monitoring metrics and supervisory benchmarking. These Technical Standards are adopted by the EU Commission in form of Implementing Regulations. The present publication comes as an update to the publication of Regulation (EU) No 680/2014.