(13)Uniform disclosure formats should be laid down to ensure uniform and comparable disclosure on credit valuation adjustments (‘CVA’) risks. It is therefore necessary to introduce new disclosure templates and tables with quantitative and qualitative information on CVA risk to that effect. Those templates should take into account that institutions subject to own funds requirements for CVA may apply the standardised, basic, or simplified approach or a combination of those approaches and that CVA risk should capture both the credit spread risk of an institution’s counterparty and the market risk of the portfolio of transactions traded by the institution with that counterparty.