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The European Banking Authority (EBA) launched today a public consultation on its draft Regulatory Technical Standards (RTS) defining the valuation of derivative liabilities for the purpose of bail-in in resolution. These standards have been developed within the framework of the Bank Recovery and Resolution Directive (BRRD) which sets procedures for the recovery and resolution of credit institutions across the EU. The draft RTS provide EU resolution authorities with a methodology for the valuation of derivative liabilities of credit institutions placed under resolution and ensure that the discipline brought in by the new bail-in tool can effectively be extended to these liabilities too. The consultation will run until 13 August 2015.

The European Banking Authority (EBA) published today three sets of final Guidelines related to the information that institutions in the EU banking sector should disclose under Pillar 3. These Guidelines, condensed into a single document, cover how institutions should apply the concepts of materiality, proprietary nature and confidentiality in relation to the disclosure requirements, as well as how they should assess the frequency of disclosures. These Guidelines aim at enhancing consistency in disclosure practices across the EU and are part of the EBA’s work to ensure transparency in the EU banking sector.

The Joint Committee of the three European Supervisory Authorities (ESAs) has published a report detailing its findings and recommendations regarding the disclosure requirements and obligations relating to due diligence, supervisory reporting and retention rules in existing EU law on Structured Finance Instruments (SFIs).

The European Banking Authority (EBA) launched today a consultation on Regulatory Technical Standards (RTS) on specialised lending exposures. The proposed RTS aim to specify how institutions should take into account several factors when assigning risk weights to specialised lending exposures and how they should treat these factors. The consultation runs until 11 August 2015.