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. 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) 650/2014 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
- Overview of options and discretions set out in Directive 2013/36/EU and Regulation (EU) No 575/2013
- Transitional provision for own funds requirements (Article 465)
- Transitional treatment of unrealised losses measured at fair value (Article 467)
- Transitional treatment of unrealised gains measured at fair value (Article 468)
- Transitional provisions on the deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items (Article 478)
- Transitional recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests (Article 479)
- Transitional recognition of minority interests and qualifying Additional Tier 1 and Tier 2 capital (Article 480)
- Additional transitional filters and deductions (Article 481)
- Limits for grandfathering of items within Common Equity Tier 1, Additional Tier 1 and Tier 2 items (Article 486)
- Variable elements of remuneration (Article 94 of CRD)
- Risk weights and criteria applied to exposures secured by mortgages on immovable property (Article 124 of CRR)
- Minimum Loss Given Default (LGD) values for retail exposures secured by immovable property (Article 164 of CRR)
- 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
Annex 4 first applies to data from 2014. Data about 2013 are to be submitted in the existing format.