The European Banking Authority (EBA) has published final draft implementing technical standards (ITS) with accompanying annexes on the format, structure, contents list and annual publication date of the supervisory information to be disclosed by EU national regulatory authorities under article 143(1) of the CRD IV Directive.
The final draft ITS templates, which should be completed by EU national regulatory authorities as of 31 December each year and published by the following 31 July, cover the following:
- disclosing texts of laws, regulations, administrative rules and general guidance adopted in Member States relating to prudential regulation;
- providing information on how EU national regulatory authorities will exercise options and discretions available in EU law;
- publishing information on the general criteria and methodologies used for supervisory review and evaluation process; and
- disclosing aggregate statistical data on key aspects of the implementation of the prudential framework.
The EBA has now submitted these final draft ITS to the European Commission for adoption in the form of an EU Regulation.
View EBA publishes final draft technical standards on supervisory disclosure, 19 December 2013
