EBA consults on draft technical standards on supervisory disclosure

09 July 2013

The European Banking Authority (EBA) launches today a consultation on draft Implementing Technical Standards (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 ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 9 October 2013.

These draft ITS are structured into seven articles covering the following areas:

  • Subject matter and scope;
  • Templates  where competent authorities will disclose information on texts of laws, regulations, administrative rules and general guidance adopted in their Member State in the field of prudential regulation;
  • Templates where competent authorities will provide information on how they exercise options and discretions available in EU law;
  • Template where competent authorities will publish information on the general criteria and methodologies used for supervisory review and evaluation process; 
  • Templates where competent authorities will disclose aggregate statistical data on key aspects of the implementation of the prudential framework;  
  • Details on annual publication dates of the aforementioned information;

Consultation process

Comments to this 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 9 October 2013.

All contributions received will be published following the close of the consultation, unless requested otherwise.

A public hearing will take place at the EBA premises on 27 September 2013 from 9:00 to 13:00 hours UK time.

Legal basis

The proposed draft ITS have been developed on the basis of Directive 2013/36/EU published in the Official Journal of the European Union on 27 June 2013. The EBA is expected to submit these draft ITS to the European Commission for endorsement by 1 January 2014.