EBA欧洲银行-Guidelines-on-uniform-disclosure-of-IFRS-9-transitional-arrangements_DA_8页_290kb

Summary of EBA/GL/2018/01 Guidelines

Core Content

EBA/GL/2018/01 provides guidelines for the uniform disclosure of information under Article 473a of Regulation (EU) No 575/2013 (CRR), specifically regarding transition arrangements to limit the impact of the implementation of IFRS 9 on the capital base. These guidelines are aimed at ensuring consistency in how financial institutions and competent authorities report their capital and risk-related metrics.

Main Points

• Compliance and Reporting Obligations:
  Competent authorities must report to EBA by 16 March 2018 whether they have implemented the guidelines or provide a justification for not doing so. If they fail to report, EBA assumes they have not followed the guidelines. Reports should be submitted using the EBA template available on its website to the email address compliance@eba.europa.eu with the reference "EBA/GL/2018/01".

• Scope and Applicability:
  The guidelines apply to financial institutions subject to Article 473a, paragraph 1, of the CRR, which are partially or fully covered by the disclosure requirements in the CRR's eighth part. They are also applicable during the transition period specified in Article 473a, paragraph 6, of the CRR.

• Target Recipients:
  The guidelines are directed at competent authorities defined in Article 4, paragraph 2, points i) to ii), of Regulation (EU) No 1093/2010, and financial institutions defined in Article 4, paragraph 1, of the same regulation.

• Definitions:
  Unless otherwise stated, terms used in the CRR have the same meaning in these guidelines. "Equivalent expected credit loss" refers to models used for expected credit loss in accordance with the procedures in Article 6, paragraph 2, of Regulation (EC) No 1606/2002.

• Effective Date:
  The guidelines are effective from 20 March 2018 until the end of the transition period specified in Article 473a, paragraph 6, of the CRR.

Key Information

• Reporting Format:
  Financial institutions that choose to apply Article 473a of the CRR must complete the quantitative template in Annex I according to the instructions provided. Institutions that are subject to the disclosure requirements in Article 473a, paragraph 1, but choose not to apply the transition arrangements must provide a descriptive comment instead.

• Reporting Frequency:
  The reporting frequency is determined by the EBA/GL/2014/14 guidelines as amended by EBA/GL/2016/11. Institutions that report quarterly must include data for periods T, T-1, T-2, T-3, and T-4. Those reporting semi-annually must include T, T-2, and T-4. Institutions that report annually must include T and T-4.

• Template Structure:
  The template includes the following key metrics:

  • Column a: Actual capital (CET1)
  • Column b: CET1 without transition arrangements for IFRS 9 or equivalent expected credit loss
  • Column c: Core capital
  • Column d: Core capital without transition arrangements
  • Column e: Total capital
  • Column f: Total capital without transition arrangements
  • Column g: Risk-weighted assets (RWA)
  • Column h: RWA without transition arrangements
  • Column i: CET1 ratio
  • Column j: CET1 ratio without transition arrangements
  • Column k: Core capital ratio
  • Column l: Core capital ratio without transition arrangements
  • Column m: Total capital ratio
  • Column n: Total capital ratio without transition arrangements
  • Column o: Leverage ratio (based on total exposures)
  • Column p: Leverage ratio (based on total exposures without transition arrangements)
  • Column q: Leverage ratio (based on the application of transition arrangements)

• Descriptive Comment:
  Institutions that apply transition arrangements must provide a descriptive comment along with the quantitative template. This comment should explain the key elements of the transition arrangements they use, including any changes in their application over time, and clarify how their capital base, capital ratios, and leverage ratios already reflect the full impact of IFRS 9 or equivalent expected credit loss.

• Instructions for the Template:
  Each row in the template corresponds to specific data points:

  • Row 1: Actual CET1 capital in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 29 of the "capital requirements template").
  • Row 2: CET1 capital without the application of transition arrangements for IFRS 9 or equivalent expected credit loss.
  • Row 3: Core capital in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 45 of the "capital requirements template").
  • Row 4: Core capital without the application of transition arrangements.
  • Row 5: Total capital in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 59 of the "capital requirements template").
  • Row 6: Total capital without the application of transition arrangements.
  • Row 7: Total risk-weighted exposures in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 60 of the "capital requirements template").
  • Row 8: Total risk-weighted assets without the application of transition arrangements.
  • Row 9: CET1 ratio in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 61 of the "capital requirements template").
  • Row 10: CET1 ratio without the application of transition arrangements.
  • Row 11: Core capital ratio in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 62 of the "capital requirements template").
  • Row 12: Core capital ratio without the application of transition arrangements.
  • Row 13: Total capital ratio in accordance with the values provided by institutions following the technical standards for the disclosure of capital requirements (row 63 of the "capital requirements template").
  • Row 14: Total capital ratio without the application of transition arrangements.
  • Row 15: Leverage ratio based on total exposures in accordance with the values provided by institutions following the technical standards for the disclosure of leverage ratio (row 21 of the "LRCom: Leverage ratio — common rules" template).
  • Row 16: Leverage ratio based on total exposures without the application of transition arrangements.
  • Row 17: Leverage ratio calculated based on the application of transition arrangements.

• Reporting Periods:
  Reporting periods (T, T-1, T-2, T-3, T-4) are defined as quarterly periods. Institutions must report the dates corresponding to the reporting periods.

• Additional Reporting Requirements:
  Institutions that report for previous periods are only required to provide information for those periods if the transition period for their financial reporting year starts on or after 1 January 2018.