Regulatory Alerts2020-10-22
Added · Updated
Circular to Credit Institutions on the EBA Guidelines on Supervisory Reporting and Disclosure Requirements in Compliance with the CRR ‘Quick-Fix’ in response to the COVID-19 Pandemic (EBA/GL/2020/11)
The Malta Financial Services Authority requires credit institutions licensed under the Banking Act to apply the European Banking Authority Guidelines (EBA/GL/2020/11) for supervisory reporting and disclosure regarding the CRR ‘quick-fix’. These institutions must use the specified guidelines to report credit risk, own funds, and leverage ratio elements, and to disclose leverage ratio elements, in compliance with Commission Implementing Regulations (EU) No 680/2014 and (EU) 2016/2005. The EBA Guidelines apply from 11 August 2020 until 27 June 2021.
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