ARTICLE
13 January 2015

European Banking Authority Proposes Amendments To Regulation On Leverage Ratio And Liquidity Coverage Ratio

SS
Shearman & Sterling LLP

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On December 16, 2014, the EBA published two consultation papers proposing to amend the Regulation on supervisory reporting with regard to the leverage ratio and liquidity coverage ratio.
European Union Finance and Banking

On December 16, 2014, the EBA published two consultation papers proposing to amend the Regulation on supervisory reporting with regard to the leverage ratio and liquidity coverage ratio. The Regulation includes implementing technical standards ("ITS") on supervisory reporting by firms subject to CRD IV, and the amendments would reflect the Commission's adoption of the Delegated Regulation specifying the details of the leverage ratio and liquidity coverage ratio, such as scenarios in which a bank may be considered as being subject to stress, or the general requirements for a bank's assets to be qualified as liquid. The proposed revisions have been published in the consultation papers. The consultation regarding the leverage ratio closes on January 27, 2015 and the consultation regarding the liquidity coverage ratio closes on February 10, 2015.

The consultation papers are available at:

http://www.eba.europa.eu/documents/10180/930323/EBA-CP-2014-44+%28CP+ on+amending+ITS+on+LR+reporting%29.pdf

and

http://www.eba.europa.eu/documents/10180/930269/EBA-CP-2014-45+%28CP+on+draft+amending+ITS+on+LCR+reporting%29.pdf

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