In order to ensure transparency as well as to improve the working of the internal banking market, Directive 2013/36/EU (“CRD IV”) obliges the competent authorities to disclose certain information. The following information fulfils this requirement. The published information should permit a meaningful comparison of the approaches adopted by the competent authorities of the different Member States.
In order to guarantee the level of transparency mentioned above, the European Commission issued the Commission Implementing Regulation (EU) No 650/2014 (CDR 650/2014) on 4 June 2014, which was subsequently amended by Commission Implementing Regulation (EU) 2019/912. It is based on a draft published by the European Banking Authority (“EBA”) and defines the format, structure, contents list and annual publication date of the information to be disclosed by the competent authorities.
In addition to the disclosure obligations set out in Commission Implementing Regulation (EU) 2019/912 the FMA’s other disclosure requirements are specified in Article 69b of the Banking Act (BWG – Bankwesengesetz).
- Transposition of Directive 2013/36/EU
- Model approval
- Special lending exposures
- Credit risk mitigation
- Specific disclosure requirements applied to institutions
- Waivers for the application of prudential requirements
- Qualifying holdings in a credit institution
- Regulatory and financial reporting
- Options and discretions set out in Directive 2013/36/EU, Regulation (EU) No 575/2013 and LCR Delegated Regulation (EU) 2015/61
- Transitional options and discretions set out in Directive 2013/36/EU and Regulation (EU) No 575/2013
- Variable elements of remuneration (Article 94 of CRD)
- Supervisory review and evaluation process (SREP)
- Data on national financial sector
- Data on credit risk
- Data on market risk
- Data on operational risk
- Data on supervisory measures and administrative penalties
- Data on waivers