EBA is consulting on draft RTS on disclosure of encumbered and unencumbered assets for the provision of transparent and harmonised information under Article 443 of the CRR. The draft RTS set out the data that is required, as well as the format and timing of the publication. This includes instructions for completing the reporting templates. The proposed requirements will disclose part of the data already reported through common reporting (COREP) on a continuous basis. The following information will be required:

  • the encumbered and unencumbered assets in carrying and fair value amounts by broad categories of asset type, with the carrying amount of unencumbered assets broken down by asset quality;
  • collateral received by an institution, by broad categories of product type;
  • carrying amount of encumbered assets/collateral received and associated liabilities; and
  • narrative information on the importance of asset encumbrance for an institution.

The consultation closes on 25 July. (Source: EBA consults on asset disclosure RTS under the CRR)