Consultation on draft Implementing Technical Standards (ITS) on supervisory reporting on forbearance and non-performing exposures
- Consultation
- 24 JUNE 2013
- EBA/CP/2013/06
The European Banking Authority (EBA) launches today a consultation on definitions and associated reporting templates on forbearance and non-performing exposures. The consultation is open until 24 June 2013.
Harmonised definitions are crucial in addressing questions over the correct valuation of assets in banks ‘balance sheets, in particular, the extent of forbearance and the accurate assessment of non performing exposures,
These consistent EU wide definitions are a key step in the early identification of risks to the financial stability at EU level and will facilitate further actions, such as asset quality assessments.
These definitions will be used for supervisory reporting purposes and complement, but not supersede, existing definitions.
The proposed definitions and templates, once implemented, will allow European supervisors to:
- assess the extent of forbearance transactions and their effects on asset quality and loss recognition,
- capture asset quality deterioration,
- compare asset quality on a more consistent and homogeneous basis across EU institutions.
Next steps
These templates will complement the Implementing Technical Standards (ITS) on supervisory reporting, currently being developed by the EBA in the context of the Capital Requirements Regulation (CRR).
The EBA expects to finalise these additional standards by Q3 2013.
Consultation process
Comments can be sent to the EBA by e-mail to EBA-CP-2013-06@eba.europa.eu by 24 June 2013, indicating the reference EBA/CP/2013/06.
All contributions received will be published following the close of the consultation, unless requested otherwise.
A joint public hearing covering the Consultation Paper on supervisory reporting for forbearance and non-performing exposures and the Consultation Paper on asset encumbrance reporting will take place at the EBA premises on 2 May 2013 at 10am. To register for the public hearing, click here.
Documents
Malta Banking Association
(94.47 KB - PDF) Last update 26 February 2014
European Association of Co-operative Banks
(190.26 KB - PDF) Last update 8 May 2021
Consultation Paper
(668.02 KB - PDF) Last update 26 February 2014
Annex II
(163.96 KB - PDF) Last update 26 February 2014
Banking Stakeholders Group
(255.11 KB - PDF) Last update 16 September 2014
French Banking Federation
(632.65 KB - PDF) Last update 26 February 2014
Swedish Banking Association
(3.22 MB - PDF) Last update 26 February 2014
Annex IV
(21.1 KB - Excel Spreadsheet) Last update 26 February 2014
European Savings Banks Group
(331.04 KB - PDF) Last update 26 February 2014
Austrian Chamber of Commerce
(68.37 KB - PDF) Last update 26 February 2014
Danish Bankers Association
(43.94 KB - PDF) Last update 26 February 2014
British Bankers' Association
(190.08 KB - PDF) Last update 26 February 2014
Annex I
(35.81 KB - Excel Spreadsheet) Last update 26 February 2014
German banking industry committee
(86.92 KB - PDF) Last update 26 February 2014
HSBC repsonse.pdf
(498.05 KB - PDF) Last update 26 February 2014
Building Societies Association
(66.53 KB - PDF) Last update 28 June 2013
European Banking Federation
(100.02 KB - PDF) Last update 26 February 2014
HSBC Appendix.pdf
(73.23 KB - PDF) Last update 26 February 2014
Association Financial Markets Europe
(101.7 KB - PDF) Last update 26 February 2014
Irish Banking Federation
(286.18 KB - PDF) Last update 26 February 2014
BSG Opinion on EBA CP/2014/06
(19.88 KB - PDF) Last update 18 September 2014
ESRB
(108.77 KB - PDF) Last update 26 February 2014
Deutsche Bank
(342.58 KB - PDF) Last update 26 February 2014