27 October 2015

EBA consults on Guidelines on how confidential information collected under the BRRD should be disclosed

In particular, the draft Guidelines specify that the disclosure of confidential information in summary or collective form should be made available in anonymised form, either by means of a brief statement or on an aggregate basis.

The draft Guidelines also introduce three principles that should be considered when disclosing such information:

As a general rule, confidential information should relate to a minimum number of three institutions or entities. 

No references should be made to specific characteristics, distinctive features, names or numerical, qualitative and other distinctive data which would allow the identification of the individual institutions or entities;

Disclosure of confidential information should be avoided under specific circumstances, which would pose a risk that the individual institutions or entities could be identifiable.

Comments to this consultation can be sent to the European Banking Authority (EBA) 27 January 2015. A public hearing will take place at the EBA premises on 13th January 2015 from 10:00am to 12:00pm

Press release

Consultation paper

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