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The amendments include changes on: (i) the format and frequency of reporting on asset encumbrance on an individual and consolidated basis; (ii) first reporting reference dates; and (iii) validation rules.
On January 21, 2015, the EU Implementing Regulation which amends
the Regulation laying down Implementing Technical Standards on
supervisory reporting of institutions regarding asset encumbrance,
single data point model and validation rules under the Capital
Requirements Directive IV ("CRD IV") package was
published in the Official Journal of the European Union. The
amendments include changes on: (i) the format and frequency of
reporting on asset encumbrance on an individual and consolidated
basis; (ii) first reporting reference dates; and (iii) validation
rules. The Implementing Regulation enters into force on February
10, 2015.
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.