The EBA has released a report reviewing the publication by competent authorities, on an anonymous basis, of administrative penalties imposed for breach of the national provisions implementing CRD or CRR. The report makes recommendations to enhance harmonisation in terms of disclosure and facilitate access to information. The report makes specific findings in respect of each Member State and the following general recommendations:

  • that the administrative penalties be published on a dedicated section of the website;
  • that (i) a translation of the relevant decision into a European Union official language commonly used for international supervisory cooperation or (ii) a summary of the decision in such a language be published.
  • that the legal grounds pursuant to which the decision to publish the penalty on an anonymous basis was made be mentioned, where appropriate.