2017-10-04
The ACPR College declared conformity with the European Banking Authority's guidelines on publishing the Liquidity Coverage Ratio to complement liquidity risk management disclosures under Article 435 of Regulation (EU) No 575/2013. While the guidelines apply to systemically important credit institutions, the ACPR decided not to apply them to credit institutions not subject to direct European Central Bank supervision. This exemption covers entities outside the ECB's direct supervisory remit, such as non-global systemically important French credit institutions.