The Commission Implementing Regulation (EU) 2016/200, which provides for Implementing Technical Standards with regard to disclosure leverage ratios for institutions, has come into force. The standards include a requirement to provide details in relation to the disclosure of leverage ratios, the breakdown of the leverage ratio total exposure measure and the amount of derecognised fiduciary items applicable to respective institutions and details on how the risk of excessive leverage is managed. The standards also set out rules for institutions who wish to change which leverage ratio they wish to disclose.  Pursuant to the Regulation, institutions will now be required to disclose their reconciliation of the leverage ratio total exposure measure in their financial statements.