The EBA has been conducting transparency exercises at the EU-wide level on an annual basis since 2011. The transparency exercise is part of the EBA's ongoing efforts to foster transparency and market discipline in the EU financial market, and complements banks' own Pillar 3 disclosures, as laid down in the EU's capital requirements directive (CRD). Along with the dataset, the EBA also provides a wide range of interactive tools that allow users to compare and to visualise data across time and at a country and a bank-by-bank level. In 2022, EBA is going to carry out in autumn an annual Transparency exercise which will disclose capital positions, financial assets, risk exposure amounts, sovereign exposures and asset quality information of the EU banking sector in the second half of 2021 and in the first half of 2022. The exercise is going to be exclusively based on supervisory reporting data, therefore it will not require any additional reporting burden for banks.
The European Banking Authority (EBA) launched today its annual EU-wide transparency exercise, as part of its efforts to monitor risks and vulnerabilities and to reinforce market discipline. As in the past, the exercise is exclusively based on supervisory reporting data, which will keep the burden for the banks to a minimum. Results are expected to be published at the beginning of December.
The European Banking Authority (EBA) will be launching its annual 2022 EU-wide Transparency exercise in September and expects to release the information on banks’ exposures and asset quality at the beginning of December, along with the EBA Risk Assessment Report. The exercise will cover the figures from the second half of 2021 and the first half of 2022.