# Commission Implementing Regulation (EU) No 650/2014Show full title

Commission Implementing Regulation (EU) No 650/2014 of 4 June 2014 laying down implementing technical standards with regard            to the format, structure, contents list and annual publication date of the information to be disclosed by competent authorities            in accordance with Directive 2013/36/EU of the European Parliament and of the Council (Text with EEA relevance)         

        - Previous
        - Next

U.K.

# Commission Implementing Regulation (EU) No 650/2014                     

# of 4 June 2014

# laying down implementing technical standards with regard to the format, structure, contents list and annual publication date                        of the information to be disclosed by competent authorities in accordance with Directive 2013/36/EU of the European Parliament                        and of the Council                     

# (Text with EEA relevance)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Directive 2013/36/EU of 26 June 2013 of the European Parliament and of the Council on access to the activity                           of credit institutions and the prudential supervision of credit institutions and investment firms amending Directive 2002/87/EC                           and repealing Directives 2006/48/EC and 2006/49/EC(1), and in particular Article 143(3) thereof,                        

Whereas:

(1)Directive 2013/36/EU requires competent authorities to disclose certain information in order for the internal banking market                              to operate with increasing effectiveness and for citizens of the Union to have adequate levels of transparency. The information                              disclosed should be sufficient to enable a meaningful comparison of the approaches adopted by the competent authorities of                              the different Member States.

(2)In order to further facilitate this assessment, information from all competent authorities should be published in a common                              format, updated regularly and made accessible at a single electronic location. While the supervisory disclosure requirements                              in Title VIII of Directive 2013/36/EU extend across the field of prudential regulation, as a first step these technical standards                              focus on the supervisory responsibilities which stem from that Directive and from Regulation (EU) No 575/2013 of the European                              Parliament and of the Council(2).

(3)This Regulation is based on the draft implementing technical standards submitted by the European Banking Authority (EBA) to                              the Commission.

(4)The EBA has conducted open public consultations on the draft implementing technical standards on which this Regulation is                              based, analysed the potential related costs and benefits, and requested the opinion of the Banking Stakeholder Group established                              in accordance with Article 37 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council(3).

HAS ADOPTED THIS REGULATION:

## Article 1U.K.Laws, regulations, administrative rules and general guidance

Competent authorities shall, pursuant to Article 143(1)(a) of Directive 2013/36/EU, publish the information on texts of laws,                     regulations, administrative rules and general guidance adopted in their Member State in the field of prudential regulation                     using the applicable forms set out in parts 1 to 8 of Annex I.                  

## Article 2U.K.Options and discretions

Competent authorities shall, pursuant to Article 143(1)(b) of Directive 2013/36/EU, publish the information on the manner                     of exercising the options and discretions available in Union law using the applicable forms set out in Parts 1 to 12 of Annex                     II.                  

## Article 3U.K.General criteria and methodologies for supervisory review and evaluation process

Competent authorities shall, pursuant to Article 143(1)(c) of Directive 2013/36/EU, publish information on the general criteria                     and methodologies they use in the supervisory review and evaluation referred to in Article 97 of that Directive using the                     form set out in Annex III.                  

## Article 4U.K.Aggregate statistical data

Competent authorities shall, pursuant to Article 143(1)(d) of Directive 2013/36/EU, publish the information on aggregate statistical                     data on key aspects of the implementation of the prudential framework using the forms set out in parts 1 to 6 of Annex IV.                  

## Article 5U.K.Annual publication date

Competent authorities shall publish the information listed in Article 143(1) of Directive 2013/36/EU at a single electronic                     location for the first time by 31 July 2014.                  

[F1Competent authorities shall update the information referred to in point (d) of Article 143(1) of that Directive by 31 July                        of each year. That information shall cover the preceding calendar year.                   

Competent authorities shall, for the institutions subject to their prudential supervision, update the information referred                        to in points (a) to (c) of Article 143(1) of that Directive on a regular basis, and in any event by 31 July of each year,                        unless there is no change in the information last published.]                   

Textual Amendments

F1Substituted by Commission Implementing Regulation (EU) 2019/912 of 28 May 2019 amending Implementing Regulation (EU) No 650/2014 laying down                                 implementing technical standards with regard to the format, structure, contents list and annual publication date of the information                                 to be disclosed by competent authorities in accordance with Directive 2013/36/EU of the European Parliament and of the Council                                 (Text with EEA relevance).

## Article 6U.K.Final provisions

This Regulation shall enter into force on the the twentieth day following that of its publication in the *Official Journal of the European Union*.                  

This Regulation shall be binding in its entirety and directly applicable in all Member States.

## [F1ANNEX IU.K.**RULES AND GUIDANCE**

### **List of templates**

### *General remarks on filling in templates in Annex I*U.K.

When publishing information on the general criteria and methodologies, competent authorities shall not disclose any supervisory                        measures directed at specific institutions, whether taken with respect to a single institution or to a group of institutions.U.K.                  

### PART 1

**Transposition of Directive 2013/36/EU**

### PART 2

**Model approval**

### PART 3

**Specialised lending exposures**

### PART 4

**Credit risk mitigation**

### PART 5

**Specific disclosure requirements applied to institutions**

### PART 6

**Waivers for the application of prudential requirements**

### PART 7

**Qualifying holdings in a credit institution**

### PART 8

**Regulatory and financial reporting**

## [F1ANNEX IIU.K.**OPTIONS AND DISCRETIONS**

### **List of templates**

Competent authorities shall not disclose supervisory actions or decisions directed at specific institutions. When publishing                        information on the general criteria and methodologies, competent authorities shall not disclose any supervisory measures directed                        at specific institutions, whether taken with respect to a single institution or to a group of institutions.U.K.                  

### PART 1

**Options and discretions set out in Directive 2013/36/EU, Regulation (EU) No 575/2013 and LCR Delegated Regulation (EU) 2015/61**

### PART 2

**Transitional options and discretions set out in Directive 2013/36/EU and Regulation (EU) No 575/2013**

### PART 3

**Variable elements of remuneration (Article 94 of Directive 2013/36 EU)**

## [F1ANNEX IIIU.K.

### **Supervisory review and evaluation process (SREP)**a

## [F1ANNEX IVU.K.**AGGREGATE STATISTICAL DATA**

### **List of templates**

### *General remarks on filling in templates in Annex IV*U.K.

#### —Competent authorities shall not disclose supervisory actions or decisions directed at specific institutions. When publishing                           information on the general criteria and methodologies, competent authorities shall not disclose any supervisory measures directed                           at specific institutions, whether taken with respect to a single institution or to a group of institutions.U.K.

#### —Numerical cells shall include only numbers. There shall be no references to national currencies. The currency used is euros                           and non-euro area Member States shall convert their national currencies into euros using the ECB exchange rates (at the common                           reference date, i.e. the last day of the year under review), with one decimal place when disclosing amounts in millions.U.K.

#### —Unit of disclosure shall be in millions of euro for the reported monetary amounts (hereafter – MEUR).U.K.

#### —Percentages shall be disclosed with two decimals.U.K.

#### —If data is not being disclosed, the reason for non-disclosure shall be provided using the EBA nomenclature, i.e. N/A (for                           not available) or C (for confidential).U.K.

#### —The data shall be disclosed on an aggregated basis without identifying individual either credit institutions or investment                           firms.U.K.

#### —The references to COREP templates pursuant to the Commission implementing regulation (EU) No 680/2014 are provided in Parts                           1 to 4, where available.U.K.

#### —Competent authorities shall collect data relating to XXXX year onwards on consolidated basis. This will ensure the consistency                           of the information collected.U.K.

#### —The templates of this Annex shall be read in conjunction with the reporting scope of consolidation hereby defined. To ensure                           efficient data collection, the information for credit institutions and investment firms shall be reported separately, but                           the same level of consolidation shall be applied in both cases.U.K.

#### —In order to ensure the coherence and comparability of reported data, the ECB shall publish only aggregate statistical data                           for supervised entities for which it conducts and exercises direct supervision at the reference date of the disclosure, while                           national competent authorities shall publish aggregate statistical data only for credit institutions not directly supervised                           by the ECB.U.K.

#### —Data shall be compiled only for investment firms subject to CRD. Investment firms which are not subject to CRD regime are                           excluded from the data collection exercise.U.K.

### PART 1

**Consolidated data per Competent Authority (year XXXX)**

### PART 2

**Data on credit risk (year XXXX)**

### PART 3

**Data on market risk**a**(year XXXX)**

### PART 4

**Data on operational risk (year XXXX)**

### PART 5

**Data on supervisory measures and administrative penalties**a**(year XXXX)**

### PART 6

**Data on waivers**a**(year XXXX)**

1

OJ L 176, 27.6.2013, p. 338.                           

2

Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit                              institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).                           

3

Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory                              Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).