In one the recent release the European Banking Authority (EBA) published a press release and consultation paper on a draft recommendation on the use of Legal Entity Identifiers (LEIs). The consultation remains open for comment until 28 November 2013.
The EBA has developed draft Implementing Technical Standards on Supervisory Reporting (ITS) pursuant to the Capital Requirements Regulation (CRR). The ITS address the reporting of:
- own funds and capital requirements;
- financial information;
- large exposures;
- liquidity ratios;
- leverage ratios; and
- asset encumbrance. Continue reading “European Banking Authority backs Legal Entity Identifiers”