17 July 2015
The European Banking Authority (EBA), following requests from stakeholders, published today an update on the application date of its final draft Implementing Technical Standards (ITS) on additional liquidity monitoring metrics.
The EBA had originally submitted its final draft ITS on additional liquidity monitoring metrics to the European Commission in December 2013, with a proposed application date of 1 July 2015. Considering that the European Commission has not yet adopted the final draft ITS, it is highly likely that the application date, which will be specified once the ITS are published in the EU Official Journal, will be postponed by at least three months. The final application date will depend on the timeline of adoption of the ITS by the European Commission.
The draft ITS on additional liquidity monitoring metrics specifying supervisory reporting requirements have been developed by the EBA according to Article 415(3)(b) of Regulation (EU) No 575/2013 (CRR).