Regulatory Alerts2020-09-10
Communications - Communication of 8 September 2020
The Bank of Italy implements EBA Guidelines EBA/GL/2020/11 and EBA/GL/2020/12 to clarify supervisory reporting and public disclosure requirements arising from the CRR Quick-fix Regulation 873/2020. These measures address specific regulatory changes related to the leverage ratio, credit risk capital requirements for SMEs and infrastructure exposures, and temporary prudential filters for unrealized fair value gains and IFRS 9 transitional impacts. The communication establishes binding obligations for less significant banks and groups, entering into force upon publication on the Bank of Italy's website without prior public consultation.
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