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These Guidelines include a set of principles and templates that will enable the disclosure of all information on encumbered and unencumbered including all central bank operations conducted by institutions.
The EBA has tried to ensure consistency with other disclosure requirements on asset encumbrance; however it should be noted that these guidelines complement rather than substitute other disclosure requirements, especially those stemming from the applicable accounting framework.
The Guidelines are directed at institutions subject to disclosure requirements in Part Eight of the CRR. Institutions will have to disclose information in accordance with the three disclosure templates foreseen in the Guidelines, and provide some additional information on the importance of encumbrance in their individual funding model.
Disclosure on asset encumbrance increases market discipline of institutions and allows the provision of transparent and harmonised information on the topic across EU Member States, so as to enable market participants to compare the institutions in a clear and consistent manner.
The EBA is required to issue these Guidelines by 30 June 2014.
EBA Annex (Disclosure templates for asset encumbrance)