UK:
Prudential Regulation Authority Publishes Supervisory Statement On Disclosure Of Encumbered And Unencumbered Assets
14 January 2015
Shearman & Sterling LLP
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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.
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