Open on EUR-Lex ↗

Recital 16

Recital 16

(16)Regulation (EU) 2024/1623 amended Article 434a(1) of Regulation (EU) No 575/2013 and introduced a requirement for the EBA to develop IT solutions, including instructions, to be used by institutions for disclosures required under Titles II and III of that Regulation. Accordingly, the disclosure templates should indicate with sufficient clarity the data points and the information that institutions have to disclose to ensure that users get access to sufficient comprehensive and comparable information and that consistency with international standards on disclosures is maintained. In order to allow the EBA to develop appropriate IT solutions, those uniform disclosure formats should not be binding as concerns their structure and their representation. In particular, the EBA should be able to depart from the graphical representation and tabular structure of the disclosure templates as long as all the data points and information required are included in the IT solution.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
7 queries · page built in 22 msInventory f82bbfa3