EBA欧洲银行-20122017-EBA-response-to-Dombrovskis-on-NPL-templates_2页_174kb

EBA Non-Performing Loans (NPL) Templates Summary

Core Content

The European Banking Authority (EBA) has developed Non-Performing Loans (NPL) Templates in response to a request from the European Commission and the EU Council. These templates aim to standardize data reporting for NPL transactions, thereby reducing information asymmetries between potential buyers and sellers in the NPL secondary market.

Main Objectives

• Standardization of Data Reporting: The templates provide a standardized format for reporting NPL data, facilitating transparency and comparability.
• Enhanced Market Transparency: By offering detailed, granular data on a loan-by-loan basis, the templates support better decision-making in the secondary market.
• Reduction of Implementation Costs: The templates are based on existing reporting standards where possible, which should lower the cost for banks to implement them.
• Promotion of Market Use: The EBA intends for these templates to become a market standard, encouraging their adoption by all relevant stakeholders.

Key Features of the Templates

• Granular Level Reporting: Each template provides data at the individual loan level, ensuring detailed insights into NPLs.
• Importance Ranking: Every data field is assigned a ranking of importance, with a subset identified as critical based on market feedback.
• Portfolio Screening Template: A separate template offers a high-level overview of NPL portfolios, useful for market screening purposes.
• Voluntary but Expected Adoption: Although the templates are not mandatory, the EBA expects them to be used in all NPL transactions and to form the basis of an improved secondary market.

Expected Use and Impact

• Market Standard: The templates are intended to become a standard for NPL transactions across the European Union.
• Entry Criteria for Asset Management Companies: They are expected to serve as an entry criterion for national Asset Management Companies under the EU's "blueprint" initiative.
• Future Data Platforms: The templates may also be used as a basis for any future NPL data or trading platforms.
• Support from European Institutions: The EBA will promote the templates through training sessions for market participants, competent authorities, and resolution authorities.

Additional Information

• The EBA is also working on addressing the scope of disclosure at an aggregate level under Pillar 3, with this work expected to be completed by the end of 2018.
• The EBA is open to further support from the European Commission in promoting the use of the templates and is willing to discuss this matter.

Contact Information

• Andrea Enria
  Chairperson of the EBA
  Floor 46, One Canada Square
  London E14 5AA, United Kingdom
  Tel: +44[0] 2073821770
  Direct: +44{0}2073821765
  Email: andrea.enria@eba.europa.eu
  Website: www.eba.europa.eu

CC

• Olivier Guersent, Director General, European Commission
• Martin Merlin, Director D – Regulation and prudential supervision of financial institutions
• Mario Nava, Director E – Financial system surveillance and crisis management