THE EBA UPDATES THE PILLAR 3 DISCLOSURE FRAMEWORK FINALISING THE IMPLEMENTATION OF THE BASEL III PILLAR 3 FRAMEWORK

The European Banking Authority (EBA) published a final draft implementing technical standards (ITS) on public disclosures by institutions that implement the changes in the Pillar 3 disclosure framework introduced by the amending Regulation (EU) 2024/1623 (CRR 3). These ITS will ensure that market participants have sufficient comparable information to assess the risk profiles of institutions and understand compliance with CRR 3 requirements, further promoting market discipline. Read the detailed content here.