2022-11-21
Added · Updated
The European Commission amends Implementing Regulation (EU) 2021/451 to update supervisory reporting requirements for credit institutions regarding own funds, asset encumbrance, liquidity, and global systemically important institutions. The regulation introduces revised liquidity monitoring metrics with differentiated reporting frequencies for large, small and non-complex, and other institutions, while adjusting asset encumbrance reporting obligations. It extends G-SII reporting obligations to standalone institutions meeting specific criteria, including a total exposure measure threshold of EUR 125 billion. These changes apply to institutions in the EU, with the regulation entering into force on 20 December 2022 and becoming applicable from 11 July 2023.