Regulatory Alerts2021-06-22
Added · Updated
Commission Implementing Regulation (EU) 2021/1018 amending disclosure standards for global systemic importance indicators
The European Commission amends Implementing Regulation (EU) 2021/637 by inserting Article 6a, which requires global systemically important institutions (G-SIIs) to disclose indicator values using a uniform format in their year-end Pillar 3 reports. This regulation repeals Implementing Regulation (EU) No 1030/2014 and mandates that G-SIIs redisclose submitted figures in their first subsequent Pillar 3 report if they differ from the year-end disclosure. The regulation entered into force upon publication and applies from 28 June 2021.
Topics
Share