On December 19, 2014, the PRA published a supervisory statement on compliance with the EBA's guidelines on disclosure of encumbered and unencumbered assets under CRD IV. The PRA aims to promote the safety and soundness of firms and the supervisory statement sets out the PRA's expectations of firms' compliance with the EBA Guidelines.

The supervisory statement is available at: http://www.bankofengland.co.uk/pra/Documents/publications/ss/2014/ss1114.pdf.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.