EBA Final Draft Implementing Technical Standards On Disclosure And Supervisory Reporting Of Leverage Ratio

SS
Shearman & Sterling LLP

Contributor

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
These include amendments and updates to templates used for supervisory reporting and instructions to update the leverage ratio disclosure and reporting framework.
European Union Finance and Banking

On June 15, 2015, the European Banking Authority published two final draft Implementing Technical Standards under the Capital Requirements Regulation on the leverage ratio for EU firms with regards to disclosure and supervisory reporting. These include amendments and updates to templates used for supervisory reporting and instructions to update the leverage ratio disclosure and reporting framework. The final draft ITS on reporting aim to encourage the harmonization of reporting and disclosure of the leverage ratio across the European Union, as consistent reporting requirements in all member states facilitate the comparability of data as well as cross-border supervision. The final draft ITS will enter into force following their publication in the Official Journal of the European Union.

The final draft ITS are available at: http://www.eba.europa.eu/documents/10180/1113844/EBA-ITS-2015-03+Final+Draft+ITS+amending+ITS+on+LR+Reporting.pdf ; and http://www.eba.europa.eu/documents/10180/717567/EBA-ITS2014-04-rev1+%28Final+Draft+ITS+amending+ITS+on+LR+Disclosure%29.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.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More