Page 64 - EBA 2015.1815 Annual report 2014 web 2

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E U R O P E A N B A N K I N G A U T H O R I T Y
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Disclosure requirements in Regulation (EU) 575/2013 (the CRR)
Changes brought by the CRR compared to Annex XII
of Directive 2006/48
New requirements
Capital buffer (Article 440)
New areas which are specified by Guidelines and/or Technical
standards at various stages of finalisation or implementation
Indicators of global systemic importance (Article 441)
Encumbered and unencumbered assets (Article 443)
Leverage ratio (Article 451)
Additions or modifications of existing requirements
Risk and risk management (Article 435)
Linkages between risk profile and business strategy Governance
structures and their composition
Own funds (Article 437)
Technical standard on own funds disclosures
Capital requirements (Article 438)
Possibility to disclose Pillar 2 requirements if requested by
competent authorities
Credit risk under the IRB approach (Article 452)
Breakdown of exposure-weighted average PD and exposure-weighted
average LGD by geographical location
Market risk (Article 445 and Article 455)
Separate disclosure of the different components of own-funds
requirements when calculated under the internal model approach
Securitisation (Article 449)
Cases and consequences of non-contractual support
Remuneration (Article 450)
Ratios between fixed and variable remuneration, Number of
individuals with more than EUR 1 million remuneration, Total
remuneration for each member of the management body or senior
management
No changes
Scope of application (Article 436)
N/A
Counterparty credit risk (Article 439)
Credit risk adjustments (Article 442)
Credit risk under the Standardised approach (Article 444)
Operational risk (Article 446 and Article 454)
Credit risk mitigation (Article 453)
Equities not included in the trading book (Article 447)
Interest rate risk in the banking book (Article 448)
Figure 18: New disclosure requirements under the CRR
Risk infrastructure
The founding regulation of the EBA mandates it
to regularly assess the risk and vulnerabilities
in the European banking system and to share
the conclusions and analysis with the BoS, the
ESRB, the Parliament, the Council and the
Commission. This unique position enables the
EBA to look at banks across the EEA from a mi-
cro-prudential perspective. This is done either
through the EBA’s regular risk analysis prod-
ucts, thematic work on issues such as RWA
consistency or through ad hoc reports.
As a part of ensuring stability and restoring
confidence in the banking system, the EBA
also conducts EU-wide stress testing exercis-
es. In this context, in 2014, the EBA in cooper-
ation with institutions and authorities carried
out the EU-wide stress test.