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.The content of this page is organised in four sections.
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.
For an overview of the laws, regulations and administrative rules for the implementation of Basel II within the individual EU Member States, please consult the corresponding section on the EBA Website.