On December 23, 2014, the EBA published its guidelines on materiality, proprietary and confidentiality, and disclosure frequency under CRD IV. The guidelines form part of the EBA’s strategy to increase transparency within the EU banking sector and aim to increase consistency in Pillar 3 disclosure practices. The guidelines provide a framework that covers the processes that should be followed and criteria that should be considered in the assessment of the use of any disclosure waiver, and sets out the information that should be provided by institutions when using disclosure waivers. The EBA requires national competent authorities to inform the EBA by February 23, 2015 if they comply or intend to comply with the guidelines.
The guidelines are available at: