What changed, Commission Implementing Regulation (EU) 2024/3172 of 29 November 2024 laying down implementing technical stand…

+ ### Article 1 — Disclosure of key metrics and overview of risk-weighted exposure amounts
− ### art_1
− Article 1
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+ ### Article 2 — Disclosure of risk management objectives and policies
− ### art_2
− 
− Article 2
+ ### Article 3 — Disclosure of the scope of application
− ### art_3
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− Article 3
+ ### Article 4 — Disclosure of own funds
− ### art_4
− 
− Article 4
+ ### Article 5 — Disclosure of countercyclical capital buffers
− ### art_5
− 
− Article 5
+ ### Article 6 — Disclosure of the leverage ratio
− ### art_6
− Article 6
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+ ### Article 7 — Disclosure of indicators of global systemic importance
− ### art_7
+ **1.** Global systemically important institutions (G-SIIs) shall disclose the information on the values of the indicators used for determining their score referred to in Article 441 of Regulation (EU) No 575/2013 by using the uniform disclosure format referred to in Article 434a of that Regulation. …
− Article 7
+ **2.** G-SIIs shall disclose the information referred to in paragraph 1 in their year-end Pillar 3 report. G-SIIs shall redisclose the information referred to in paragraph 1 in their first Pillar 3 report following the final submission of the values of the indicators to the relevant competent author…
− 1. Global systemically important institutions (G-SIIs) shall disclose the information on the values of the indicators used for determining their score referred to in Article 441 of Regulation (EU) No 575/2013 by using the uniform disclosure format referred to in Article 434a of that Regulation. G-SI…
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− 2. G-SIIs shall disclose the information referred to in paragraph 1 in their year-end Pillar 3 report. G-SIIs shall redisclose the information referred to in paragraph 1 in their first Pillar 3 report following the final submission of the values of the indicators to the relevant competent authoritie…
+ ### Article 8 — Disclosure of liquidity requirements
− ### art_8
− 
− Article 8
+ ### Article 9 — Disclosure of exposures to credit risk, dilution risk and credit quality
− ### art_9
+ **1.** Institutions shall disclose the information referred to in Article 435(1), points (a), (b), (d) and (f), and in Article 442 of Regulation (EU) No 575/2013 as specified in Section 8 – ‘Disclosure of credit risk quality’ in Annex I.
− Article 9
+ **2.** Large institutions that have a ratio between the gross carrying amount of loans and advances that fall under Article 47a(3) of Regulation (EU) No 575/2013 and the total gross carrying amount of loans and advances that fall under Article 47a(1) of that Regulation equal to or higher than 5 % sh…
− 1. Institutions shall disclose the information referred to in Article 435(1), points (a), (b), (d) and (f), and in Article 442 of Regulation (EU) No 575/2013 as specified in Section 8 – ‘Disclosure of credit risk quality’ in Annex I.
+ **3.** For the purposes of paragraph 2, institutions shall exclude loans and advances classified as held for sale, cash balances at central banks, and other demand deposits both from the denominator and the numerator of the ratio.
− 2. Large institutions that have a ratio between the gross carrying amount of loans and advances that fall under Article 47a(3) of Regulation (EU) No 575/2013 and the total gross carrying amount of loans and advances that fall under Article 47a(1) of that Regulation equal to or higher than 5 % shall,…
+ **4.** Institutions shall commence disclosure in accordance with paragraph 2 where they have reached or exceeded the 5 % threshold referred to in that paragraph in two consecutive quarters during the four quarters prior to the reference date of the disclosure. For the reference date of the first dis…
− 3. For the purposes of paragraph 2, institutions shall exclude loans and advances classified as held for sale, cash balances at central banks, and other demand deposits both from the denominator and the numerator of the ratio.
+ **5.** Institutions shall no longer be obliged to disclose in accordance with paragraph 2 where they have fallen below the 5 % threshold on three consecutive quarters during the four quarters prior to the disclosure reference date.
− 4. Institutions shall commence disclosure in accordance with paragraph 2 where they have reached or exceeded the 5 % threshold referred to in that paragraph in two consecutive quarters during the four quarters prior to the reference date of the disclosure. For the reference date of the first disclos…
+ ### Article 10 — Disclosure of the use of credit risk mitigation techniques
− 5. Institutions shall no longer be obliged to disclose in accordance with paragraph 2 where they have fallen below the 5 % threshold on three consecutive quarters during the four quarters prior to the disclosure reference date.
− ### art_10
− 
− Article 10
− 
+ ### Article 11 — Disclosure of the use of the Standardised Approach
− ### art_11
− Article 11
− 
+ (a) the information referred to in Article 444, points (a) to (e), and the information referred to in Article 453, points (g), (h) and (i), of Regulation (EU) No 575/2013 as specified in Section 10 – ‘Disclosure of credit risk SA’ in Annex I;
− | (a) | the information referred to in Article 444, points (a) to (e), and the information referred to in Article 453, points (g), (h) and (i), of Regulation (EU) No 575/2013 as specified in Section 10 – ‘Disclosure of credit risk SA’ in Annex I; |
− | --- | --- |
+ (b) the information on the exposure values deducted from own funds referred to in Article 444, point (e), of Regulation (EU) No 575/2013 as specified in Section 4 – ‘Disclosure of own funds’ in Annex I.
− | (b) | the information on the exposure values deducted from own funds referred to in Article 444, point (e), of Regulation (EU) No 575/2013 as specified in Section 4 – ‘Disclosure of own funds’ in Annex I. |
− | --- | --- |
+ ### Article 12 — Disclosure of the use of the IRB Approach to credit risk
− ### art_12
− Article 12
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+ ### Article 13 — Disclosure of specialised lending and equity exposures
− ### art_13
− 
− Article 13
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− ### art_14
+ ### Article 14 — Disclosure of exposures to counterparty credit risk
− Article 14
+ ### Article 15 — Disclosure of exposures to securitisation positions
− ### art_15
− Article 15
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+ ### Article 16 — Disclosure of the use of the standardised approach and of the alternative internal models for market risk
− ### art_16
+ **1.** Institutions shall disclose the information referred to in Article 435(1), points (a) to (d), Article 438, Article 445(1) and (2), Article 455(1), points (a) to (f), and Article 455(2) and (3), of Regulation (EU) No 575/2013 as specified in Section 15 – ‘Disclosure of market risk’ in Annex I.
− Article 16
+ **2.** Until 31 December 2026, institutions shall make the disclosures in accordance with Article 15 of Commission Implementing Regulation (EU) 2021/637.
− 1. Institutions shall disclose the information referred to in Article 435(1), points (a) to (d), Article 438, Article 445(1) and (2), Article 455(1), points (a) to (f), and Article 455(2) and (3), of Regulation (EU) No 575/2013 as specified in Section 15 – ‘Disclosure of market risk’ in Annex I.
+ **3.** At the first date of application of the use of the alternative approaches referred to in Article 325az of Regulation (EU) No 575/2013, institutions using the alternative internal model approach for market risk shall disclose the qualitative information referred to in Article 455(1), points (a…
− 2. Until 31 December 2025, institutions shall make the disclosures in accordance with Article 15 of Commission Implementing Regulation (EU) 2021/637 (11).
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− 3. At the first date of application of the use of the alternative approaches referred to in Article 325az of Regulation (EU) No 575/2013, institutions using the alternative internal model approach for market risk shall disclose the qualitative information referred to in Article 455(1), points (a) to…
+ ### Article 17 — Disclosure of credit valuation adjustment risk
− ### art_17
− 
− Article 17
− 
− ### art_18
+ ### Article 18 — Disclosure of operational risk
− Article 18
+ ### Article 19 — Disclosure of exposures to interest rate risk on positions not held in the trading book
− ### art_19
+ **1.** Institutions shall disclose the information referred to in Article 448(1), points (a) to (g), of Regulation (EU) No 575/2013 as specified in Section 18 – ‘Disclosure of interest rate risk of non-trading book activities’ in Annex I.
− Article 19
+ **2.** Institutions that disclose information in accordance with paragraph 1 for the first time shall not be obliged to disclose that information relating to the previous reference date.
− 1. Institutions shall disclose the information referred to in Article 448(1), points (a) to (g), of Regulation (EU) No 575/2013 as specified in Section 18 – ‘Disclosure of interest rate risk of non-trading book activities’ in Annex I.
+ ### Article 20 — Disclosure of remuneration policy
− 2. Institutions that disclose information in accordance with paragraph 1 for the first time shall not be obliged to disclose that information relating to the previous reference date.
− 
− ### art_20
− Article 20
− 
+ ### Article 21 — Disclosure of encumbered and unencumbered assets
− ### art_21
− 
− Article 21
+ ### Article 22 — Disclosure of environmental, social and governance risks (ESG risks)
− ### art_22
+ **1.** Institutions shall disclose the information referred to in Article 449a of Regulation (EU) No 575/2013 as specified in Section 21 – ‘Disclosure of prudential disclosures on ESG risks’ in Annex I. That information shall cover all of the following:(a) qualitative information on environmental, s…
− Article 22
+ **2.** Institutions may choose to disclose quantitative information on mitigating actions and exposures on climate-change-related risks associated with economic activities that qualify as environmentally sustainable under Article 3 of Regulation (EU) 2020/852, towards counterparties that are non-fin…
− 1. Institutions shall disclose the information referred to in Article 449a of Regulation (EU) No 575/2013 as specified in Section 21 – ‘Disclosure of prudential disclosures on ESG risks’ in Annex I. That information shall cover all of the following:
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− | (a) | qualitative information on environmental, social and governance risks; |
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− 
− | (b) | quantitative information on climate change transition risk; |
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− | (c) | quantitative information on climate change physical risks; |
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− | (d) | quantitative information on mitigating actions associated with economic activities that qualify as environmentally sustainable under Article 3 of Regulation (EU) 2020/852 towards those counterparties that are subject to Articles 19a or 29a of Directive 2013/34/EU, towards households, and tow…
− | --- | --- |
− 
− | (e) | quantitative information on other mitigating actions and exposures to climate-change-related risks that do not qualify as environmentally sustainable economic activities under Article 3 of Regulation (EU) 2020/852 but support counterparties in the transition or adaptation process for the obj…
− | --- | --- |
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− 2. Institutions may choose to disclose quantitative information on mitigating actions and exposures on climate-change-related risks associated with economic activities that qualify as environmentally sustainable under Article 3 of Regulation (EU) 2020/852, towards counterparties that are non-financi…
+ (a) may, where available, use the information received from their counterparties on a voluntary and bilateral basis through the loan origination, and regular credit review and monitoring processes;
− | (a) | may, where available, use the information received from their counterparties on a voluntary and bilateral basis through the loan origination, and regular credit review and monitoring processes; |
− | --- | --- |
+ (b) where the counterparty is not able or willing to provide the data concerned on a bilateral basis, may use internal estimates and proxies and explain in the narrative accompanying the template to what extent those internal estimates and proxies have been used, and which internal estimates and pro…
− | (b) | where the counterparty is not able or willing to provide the data concerned on a bilateral basis, may use internal estimates and proxies and explain in the narrative accompanying the template to what extent those internal estimates and proxies have been used, and which internal estimates and…
− | --- | --- |
+ (c) where they are unable to collect on a bilateral basis the information concerned, or cannot use internal estimates and proxies, or cannot collect that information or use those estimates and proxies in a way that is not overly burdensome for them or their counterparties, may explain that inability…
− | (c) | where they are unable to collect on a bilateral basis the information concerned, or cannot use internal estimates and proxies, or cannot collect that information or use those estimates and proxies in a way that is not overly burdensome for them or their counterparties, may explain that inabi…
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+ ### Article 23 — Disclosure of crypto assets
− ### art_23
− Article 23
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+ ### Article 24 — IT solutions
− ### art_24
− 
− Article 24
+ 
+ ### Article 24a — Data exchange formats and information accompanying submissions to the EBA single access point for institutions’ disclosures
+ **1.** Institutions other than small and non-complex institutions shall submit to the EBA the information to be disclosed under Titles II and III of Part Eight of Regulation (EU) No 575/2013 both in PDF and XBRL-csv format.
− ### art_25
+ **2.** The institutions shall submit a single comprehensive PDF report that is human-readable and machine-readable and that shall contain the following information:(a) all the quantitative and qualitative information to be disclosed under Titles II and III of Part Eight of Regulation (EU) No 575/201…
− Article 25
+ **3.** The institutions referred to in paragraph 1 shall submit a separate single PDF report that is human-readable and machine-readable with the information referred to in Article 450 of Regulation (EU) No 575/2013.
− 1. The numbering of rows or columns in the uniform disclosure formats referred to in the Annex Ind included in the IT solutions developed by the EBA shall not be altered where an institution omits one or more disclosures in accordance with Article 432 of Regulation (EU) No 575/2013.
+ **4.** The institutions referred to in paragraph 1 shall submit separately in XBRL-csv format the quantitative information referred to in each quantitative module, as defined by the IT solutions published on the EBA website.
− 2. Institutions shall make a clear note in the narrative accompanying the IT solution-based template or table concerned indicating which rows or columns are not populated and stating the reason of the omission of the disclosure.
+ **5.** The submission of the relevant PDF reports and XBRL-csv documents and any following resubmissions thereof shall be in accordance with the name convention and the practical instructions specified by EBA in the filing rules published on the EBA website.
− 3. The information required by Article 431 of Regulation (EU) No 575/2013 shall be clear and comprehensive, enabling users of that information to understand the quantitative disclosures, and shall be placed next to the templates to which that information relates.
+ **6.** Where institutions need to resubmit any of the information referred to in paragraphs 1 to 5, they shall resubmit the full module including that information.
− 4. Numeric values shall be presented as follows:
+ ### Article 24b — Technical validations and rejections of information submitted to the EBA single access point for institutions’ disclosures
− | (a) | quantitative monetary data shall be disclosed using a minimum precision equivalent to millions of units; |
− | --- | --- |
+ **1.** At the moment of submission, the EBA’s single access point for institutions’ disclosures shall automatically verify whether information submitted by institutions other than small and non-complex ones, complies with Article 24a, and it shall reject any information that is not compliant.
− | (b) | quantitative data disclosed as ‘percentage’ shall be expressed as per unit with a minimum precision equivalent to four decimals. |
− | --- | --- |
+ **2.** Where an automatic rejection as referred to in paragraph 1 takes place, the EBA’s single access point for institutions’ disclosures shall notify the institutions concerned, which shall resubmit the required information in the correct manner and form without undue delay.
− 5. Institutions shall also provide the following information:
+ ### Article 24c — Publication via the EBA single access point for institutions’ disclosures
− | (a) | disclosure reference date and reference period; |
− | --- | --- |
+ **1.** Following the submission of the required information by institutions other than small and non-complex institutions, the EBA shall publish on its website the files received in the EBA single access point for institutions’ disclosures without undue delay. In exceptional circumstances of delays …
− | (b) | reporting currency; |
− | --- | --- |
+ **2.** The EBA’s single access point for institutions’ disclosures shall send an automatic electronic notification to institutions other than small and non-complex informing those institutions that the information is public, after their information has been published on the EBA’s website.’
− | (c) | name and, where relevant, the legal entity identifier (LEI) of the disclosing institution; |
− | --- | --- |
+ ### Article 24d — Transitional provisions regarding the use of the EBA single access point for institutions’ disclosures
− | (d) | where relevant, the accounting standard used; |
− | --- | --- |
+ For the disclosures with reference dates 30 June 2025, 30 September 2025 and 31 December 2025, where it is not technically possible to submit the information to the EBA single access point for institutions’ disclosures without delay, institutions shall disclose the required information on their webs…
− | (e) | where relevant, the scope of consolidation. |
− | --- | --- |
+ ### Article 25 — General provisions on the uniform disclosure formats
− ### art_26
+ **1.** The numbering of rows or columns in the uniform disclosure formats referred to in the Annex Ind included in the IT solutions developed by the EBA shall not be altered where an institution omits one or more disclosures in accordance with Article 432 of Regulation (EU) No 575/2013.
− Article 26
+ **2.** Institutions shall make a clear note in the narrative accompanying the IT solution-based template or table concerned indicating which rows or columns are not populated and stating the reason of the omission of the disclosure.
− 1. Disclosure periods shall be defined as quarterly periods T, T-1, T-2, T-3 and T-4.
+ **3.** The information required by Article 431 of Regulation (EU) No 575/2013 shall be clear and comprehensive, enabling users of that information to understand the quantitative disclosures, and shall be placed next to the templates to which that information relates.
− 2. The rows or columns in the uniform disclosure formats referred to in the Annex Ind included in the IT solutions developed by the EBA shall be populated in accordance with the frequency of the disclosure laid down in Articles 433a, 433b and 433c of Regulation (EU) No 575/2013.
+ **4.** Numeric values shall be presented as follows:(a) quantitative monetary data shall be disclosed using a minimum precision equivalent to millions of units;(b) quantitative data disclosed as ‘percentage’ shall be expressed as per unit with a minimum precision equivalent to four decimals.
− 3. Institutions subject to the obligation to publish disclosures shall disclose information with the following frequency:
+ **5.** Institutions shall also provide the following information:(a) disclosure reference date and reference period;(b) reporting currency;(c) name and, where relevant, the legal entity identifier (LEI) of the disclosing institution;(d) where relevant, the accounting standard used;(e) where relevant…
− | (a) | institutions disclosing the information contained in the Annex I on a quarterly basis shall provide data for periods T, T-1, T-2, T-3 and T-4; |
− | --- | --- |
+ ### Article 26 — Disclosure period and frequency
− | (b) | institutions disclosing the information contained in the Annex I on a semi-annual basis shall provide data for periods T, T-2 and T-4; |
− | --- | --- |
+ **1.** Disclosure periods shall be defined as quarterly periods T, T-1, T-2, T-3 and T-4.
− | (c) | institutions disclosing the information contained in the Annex I on an annual basis shall provide data for periods T and T-4. |
− | --- | --- |
+ **2.** The rows or columns in the uniform disclosure formats referred to in the Annex Ind included in the IT solutions developed by the EBA shall be populated in accordance with the frequency of the disclosure laid down in Articles 433a, 433b and 433c of Regulation (EU) No 575/2013.
− 4. Institutions shall disclose the dates corresponding to the disclosure periods.
+ **3.** Institutions subject to the obligation to publish disclosures shall disclose information with the following frequency:(a) institutions disclosing the information contained in the Annex I on a quarterly basis shall provide data for periods T, T-1, T-2, T-3 and T-4;(b) institutions disclosing t…
− 5. The disclosure of data for previous periods shall not be required where data are disclosed for the first time.
+ **4.** Institutions shall disclose the dates corresponding to the disclosure periods.
− ### art_27
+ **5.** The disclosure of data for previous periods shall not be required where data are disclosed for the first time.
− Article 27
+ ### Article 27 — Repeal
− 1. Implementing Regulation (EU) 2021/637 shall cease to apply from 1 January 2025, except for Article 15 and Annexes XXIX and XXX. Article 15 and Annexes XXIX and XXX of Implementing Regulation (EU 2021/637 shall continue to apply until 31 December 2025 only for the purposes of Article 16 of this Re…
+ **1.** Implementing Regulation (EU) 2021/637 shall cease to apply from 1 January 2025, except for Article 15 and Annexes XXIX and XXX. Article 15 and Annexes XXIX and XXX of Implementing Regulation (EU) 2021/637 shall continue to apply until 31 December 2026 only for the purposes of Article 16 of th…
− 2. Implementing Regulation (EU) 2021/637 is repealed with effect from 31 December 2025.
+ **2.** Implementing Regulation (EU) 2021/637 is repealed with effect from 31 December 2026.
− 3. References to the repealed Regulation shall be construed as references to this Regulation and read in accordance with the correlation table in Annex II.
+ **3.** References to the repealed Regulation shall be construed as references to this Regulation and read in accordance with the correlation table in Annex II.
− ### art_28
+ ### Article 28 — Entry into force and application
− Article 28
+ This Regulation shall enter into force on the twentieth day following that of its publication in the *Official Journal of the European Union*.
− This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.