EBA launches discussion on the impact on the volatility of own funds of the accounting and prudential changes in the treatment of defined benefit pension plans
The European Banking Authority (EBA) published today a discussion paper on the impact on the volatility of own funds of the revised International Accounting Standard for employee benefits (IAS 19) and the deduction of defined benefit pension assets from own funds in accordance with the Capital Requirements Regulation (CRR) . The input gathered from this discussion paper will assist or inform the EBA in the preparation of its report to the European Commission on this topic. The consultation runs until 14 April 2014.