The European Banking Authority published feedback documents and amended templates following the consultations on Draft ITS on supervisory requirements for: liquidity coverage and stable funding; and leverage ratio.
In the absence of a final text of the Capital Requirements Regulation (CRR), the EBA cannot publish, at this juncture, a final proposal for these draft ITS. However, in order to provide transparency as to the comments received during the public consultations and to facilitate the institutions’ timely preparation towards a harmonised liquidity and leverage ratio reporting, the EBA decided to publish:
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A draft feedback statement on the Consultation paper on Draft Implementing Technical Standards on supervisory reporting requirements for liquidity coverage and stable funding (EBA-CP-2012-05);
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Draft proposals for templates and related instructions regarding supervisory reporting requirements for liquidity coverage and stable funding;
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A draft feedback statement on the Consultation paper on Draft Implementing Technical Standards on supervisory reporting requirements for leverage ratio (EBA-CP-2012-06);
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Draft proposals for templates and related instructions regarding supervisory reporting requirements for leverage ratio.
These templates and instructions are still preliminary and informal in nature given the pending and still forthcoming adoption of the CRR text.
In order to gather sufficient data and observation points for its economic impact assessment, the EBA has been collecting and analysing information on the liquidity coverage ratio since the beginning of this year. Institutions are participating on a voluntary basis. The EBA intends to continue this exercise on a quarterly basis, to extend the number of institutions and the scope and to include reporting on the net stable funding and leverage ratio. The expansion in scope is designed to ensure that the data set is representative of the European banking sector, and to ensure that it fully reflects the diversity of the sector in each Member State. The data collection under this voluntary exercise is based on the templates used by the Basel Committee on Banking Supervision (BCBS) for its monitoring exercise, which have been adapted to accommodate European specificities.
In addition to the present package, the EBA will be launching a consultation on the data point model for leverage and liquidity reporting in the first quarter of 2013.
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