EBA欧洲银行-2017-EU-wide-Transparency-Exercise-FAQs_3页_384kb

2017 EU-wide Transparency Exercise Summary

Core Content

The 2017 EU-wide transparency exercise is a significant initiative by the European Banking Authority (EBA) aimed at enhancing transparency and market discipline within the European Union (EU) and European Economic Area (EEA) banking sectors. It provides detailed, bank-by-bank data that enables stakeholders to better understand and assess the financial health and stability of EU banks.

Main Views

• Purpose of the Transparency Exercise:
  The exercise is designed to promote transparency in the banking sector by disseminating consistent and comparable data. It supports market discipline and helps restore confidence in EU banks.

• Difference from Stress Tests:
  Unlike stress tests, which simulate financial shocks to assess resilience, the transparency exercise is purely a disclosure initiative. It publishes supervisory reporting data without applying any stress scenarios. Both exercises are conducted regularly by the EBA at the EU-wide level and cover the largest banks at their highest level of consolidation.

• Scope of the Exercise:
  The 2017 transparency exercise includes data from 132 banks across 25 EU and EEA countries. These banks are reported at the highest level of consolidation, ensuring a comprehensive view of the banking system.

• Users of the Data:
  The data is expected to be used by a wide range of stakeholders, including banks, market analysts, academics, and international organizations, to conduct assessments and analyses of the EU banking sector.

• Relation to the Risk Assessment Report (RAR):
  The transparency exercise is published alongside the RAR, which covers a broader sample of banks. The "All other banks" bucket in the transparency exercise provides aggregated data for banks in the RAR sample that are not included in the transparency exercise. This allows users to reconcile the data with EU-wide aggregated figures.

Key Information

Data Disclosed

The 2017 transparency exercise includes the following categories:

• Capital
• Leverage ratio
• Risk exposure amounts
• Profit and losses
• Market risk
• Securitisation
• Credit risk
• Exposures to sovereign
• Non-performing exposures
• Forbearance exposures

For the first time, all templates are fully populated with supervisory reporting data, enhancing the depth and reliability of the information.

Data Reference Period

• Transparency Exercise Data:
  The data is based on supervisory reporting as of Q4 2016 and Q2 2017.
• Risk Assessment Report (RAR):
  The RAR is based on data up to Q2 2017.

Data Format and Tools

• The EBA provides a complete dataset in CSV format, which can be imported into analytical software.
• The dataset is split into four CSV files, each corresponding to a specific data category.
• Interactive tools are also available, including:
  • Interactive maps for visualizing data by country and bank.
  • Excel aggregation tools for data analysis.

Handling of Bank Activities

• The transparency exercise includes data as of December 2016 and June 2017.
• Any balance sheet changes (such as capital increases, mergers, acquisitions, or restructuring) that occurred after these dates are not included in the exercise.
• In cases of significant events, footnotes are added to the templates to explain their impact.

Frequency of Release

The EBA releases transparency data annually, as determined by the Board of Supervisors. This regularity ensures that market participants have access to up-to-date information on the EU banking system.

Conclusion

The 2017 EU-wide transparency exercise represents a major step in improving the transparency and understanding of the EU banking sector. It provides detailed data across multiple dimensions, supports market discipline, and complements the Risk Assessment Report. The availability of interactive tools and CSV datasets enhances the usability of the information for a variety of stakeholders.