Regulatory Alerts2015-03-24
D3/2015: Matters Related to the Composition of Pillar 3 Capital Disclosure Requirements
The financial regulator issued D3/2015 to mandate that banks disclose the key features of all outstanding regulatory capital instruments through a standardized thirty-seven-item template. Banks must report detailed metrics on regulatory capital treatment, coupon and dividend structures, conversion triggers, write-down mechanisms, and liquidation subordination for both solo and group levels. This directive standardizes transparency regarding instrument loss absorbency and ensures consistent compliance with Basel III transitional and post-transitional capital requirements.
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