Implementing Technical Standards amending Commission Implementing Regulation (EU) No 680/2014 (ITS on supervisory reporting) with regard to the Leverage Ratio (LR)

Status: Adopted and published in the Official Journal

Following the Commission’s adoption on 10 October 2014 of a Delegated Act amending the definition of the LR in the Capital Requirements Regulation, the EBA now has developed amendments to the current ITS on reporting. The proposed amendments to the LR reporting instructions and templates are, however, limited and mainly reflect an alignment with the standard on LR published by the Basel Committee on Banking Supervision (BCBS).

Consultation on draft ITS amending ITS on supervisory reporting on Leverage Ratio (EBA/CP/2014/44)

Summary
16/12/2014

The European Banking Authority (EBA) launched today a consultation on draft Implementing Technical Standards (ITS) amending the Commission’s Implementing Regulation on supervisory reporting with regard to the Leverage Ratio (LR). The proposed amendments follow the Commission’ Delegated Act specifying the LR. The consultation on the amendments to the LR reporting will run until 27 January 2015.
 

Proposed amendments to the LR reporting

Following the Commission’s adoption on 10 October 2014 of a Delegated Act amending the definition of the LR in the Capital Requirements Regulation, the EBA now has developed amendments to the current ITS on reporting. The proposed amendments to the LR reporting instructions and templates are, however, limited and mainly reflect an alignment with the standard on LR published by the Basel Committee on Banking Supervision (BCBS). 

Implementation timeline

In terms of implementation for the amended LR reporting, 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 the 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 27 January 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 LR Delegated Act.