Regulatory Alerts2019-03-21
Added · Updated
Revisions to Standard Disclosure Templates and Tables for Revised Pillar 3 Framework Phase II
The document establishes revised standard disclosure templates and tables for Authorized Institutions (AIs) under the Pillar 3 framework, with most templates taking effect from the first interim disclosure of any financial year starting on or after 1 January 2018. Revisions to Template OV1 and Template CC1 incorporate changes to the securitization framework, sovereign concentration risk capital requirements, and the deduction treatment of non-capital LAC liabilities, while Template IRRBB1 updates descriptions to reflect latest terminologies. AIs must use Table IRRBBA and Template IRRBB1 for interest rate risk in the banking book for financial years ended on or after 30 June 2019, replacing Table IRRBB which applies to periods ended before that date. The templates specify fixed or flexible formats and quarterly, semi-annual, or annual disclosure frequencies depending on the specific template and the AI's designation as locally or overseas incorporated, or as a category 1, 2, or 2A institution.
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