EBA publishes final draft ITS on supervisory disclosure
19 December 2013
EBA published final draft ITS which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities in the banking sector.
These final draft ITS are structured into seven articles covering the following areas:
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Templates where competent authorities will disclose information on texts of laws, regulations, administrative rules and general guidance adopted in their respective Member State in the field of prudential regulation;
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Templates where competent authorities will provide information on how they exercise options and discretions available in EU law;
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Templates where competent authorities will publish information on the general criteria and methodologies used for supervisory review and evaluation process;
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Templates where competent authorities will disclose aggregate statistical data on key aspects of the implementation of the prudential framework;
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Details on annual publication dates of the aforementioned information.
Following the conclusion of the consultation process, which ended in October 2013, the EBA finalised these draft ITS taking into account the responses to the relevant consultation paper - to the extent that comments could be addressed.
Press release
Final Draft ITS on Supervisory Disclosure
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