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Commission Implementing Regulation (EU) No 650/2014 of 4 June 2014 laying down implementing technical standards with regard to the format, structure, contents list and annual publication date of the information to be disclosed by competent authorities in accordance with Directive 2013/36/EU of the European Parliament and of the Council Text with EEA relevance

Type Implementing Regulation

Publication 2014-06-04

State In force

Department European Commission

Source EUR-Lex

Reform history JSON API

Article 1

Laws, regulations, administrative rules and general guidance

Competent authorities shall, pursuant to Article 143(1)(a) of Directive 2013/36/EU, publish the information on texts of laws, regulations, administrative rules and general guidance adopted in their Member State in the field of prudential regulation using the applicable forms set out in parts 1 to 8 of Annex I.

Article 2

Options and discretions

Competent authorities shall, pursuant to Article 143(1)(b) of Directive 2013/36/EU, publish the information on the manner of exercising the options and discretions available in Union law using the applicable forms set out in Parts 1 to 12 of Annex II.

Article 3

General criteria and methodologies for supervisory review and evaluation process

Competent authorities shall, pursuant to Article 143(1)(c) of Directive 2013/36/EU, publish information on the general criteria and methodologies they use in the supervisory review and evaluation referred to in Article 97 of that Directive using the form set out in Annex III.

Article 4

Aggregate statistical data

Competent authorities shall, pursuant to Article 143(1)(d) of Directive 2013/36/EU, publish the information on aggregate statistical data on key aspects of the implementation of the prudential framework using the forms set out in parts 1 to 6 of Annex IV.

Article 5

Annual publication date

Competent authorities shall publish the information listed in Article 143(1) of Directive 2013/36/EU at a single electronic location for the first time by 31 July 2014.

Competent authorities shall update the information referred to in Article 143(1), point (d), of that Directive by 30 June of each year. That information shall cover the preceding calendar year.

Competent authorities shall, for the institutions subject to their prudential supervision, update the information referred to in Article 143(1), points (a) to (c), of that Directive on a regular basis, and in any event by 30 June of each year, unless there is no change in the information last published.

Article 6

Final provisions

This Regulation shall enter into force on the the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

ANNEX I

Part 1 Transposition of Directive 2013/36/EU

	Transposition of provisions of Directive 2013/36/EU	Provisions of Directive 2013/36/EU	Links to national text (¹)
010	Date of the last update of information in this template		(dd/mm/yyyy)
020	I. Subject matter, scope and definitions	Articles 1 to 3
030	II. Competent authorities	Articles 4 to 7
040	III. Requirements for access to the activity of credit institutions	Articles 8 to 27
050	1. General requirements for access to the activity of credit institutions	Articles 8 to 21b
060	2. Qualifying holding in a credit institution	Articles 22 to 27
080	V. Provisions concerning the freedom of establishment and the freedom to provide services	Articles 33 to 46
090	1. General principles	Articles 33 to 34
100	2. The right of establishment of credit institutions	Articles 35 to 38
110	3. Exercise of the freedom to provide services	Article 39
120	4. Powers of the competent authorities of the host Member State	Articles 40 to 46
130	VI. Relations with third countries	Articles 47 to 48
140	VII. Prudential supervision	Articles 49 to 142
150	1. Principles of prudential supervision	Articles 49 to 72
160	1.1 Competence and duties of home and host Member States	Articles 49 to 52
170	1.2 Exchange of information and professional secrecy	Articles 53 to 62
180	1.3 Duty of persons responsible for the legal control of annual and consolidated accounts	Article 63
190	1.4 Supervisory powers, powers to impose penalties and right of appeal	Articles 64 to 72
200	2. Review processes	Articles 73 to 110
210	2.1 Internal capital adequacy assessment process	Article 73
220	2.2 Arrangements, processes and mechanisms of institutions	Articles 74 to 96
230	2.3 Supervisory review and evaluation process	Articles 97 to 101
240	2.4 Supervisory measures and powers	Articles 102 to 107
250	2.5 Level of application	Articles 108 to 110
260	3. Supervision on a consolidated basis	Articles 111 to 127
270	3.1 Principles for conducting supervision on a consolidated basis	Articles 111 to 118
280	3.2 Financial holding companies, mixed financial holding companies and mixed-activity holding companies	Articles 119 to 127
290	4. Capital buffers	Articles 128 to 142
300	4.1 Buffers	Articles 128 to 134
310	4.2 Setting and calculating countercyclical capital buffers	Articles 135 to 140
320	4.3 Capital conservation measures	Articles 141 to 142
330	VIII. Disclosure by competent authorities	Articles 143 to 144
340	IX. Amendments of Directive 2002/87/EC	Article 150
350	X. Transitional and final provisions	Articles 151 to 165
360	1. Transitional provisions on the supervision of institutions exercising the freedom of establishment and the freedom to provide services	Articles 151 to 159
361	1a. Transitional provisions on financial holding companies and mixed financial holding companies	Article 159a
370	1. Transitional provisions for capital buffers	Article 160
380	2. Final provisions	Articles 161 to 165
(¹) Hyperlink(s) to the website containing the national text transposing the Union provision in question. (²) Detailed references to the national provisions, such as relevant Title, Chapter, paragraph, etc.

Part 2 Model approval

010	Date of the last update of information in this template	(dd/mm/yyyy)
		Description of the approach
	Supervisory approach for the approval of the use of Internal Ratings Based (IRB) Approach to calculate minimum capital requirements for credit risk
020	Minimum documentation to be provided by the institutions applying for the use of IRB approach	[free text]
030	Description of the assessment process conducted by the competent authority (use of self assessment, reliance on external auditors and on-site inspections) and main criteria of the assessment	[free text]
040	Form of the decisions taken by the competent authority and communication of the decisions to applicants	[free text]
	Supervisory approach for the approval of the use of Internal Model Approach (IMA) to calculate minimum capital requirements for market risk
050	Minimum documentation to be provided by the institutions applying for the use of IMA approach	[free text]
060	Description of the assessment process conducted by the competent authority (use of self assessment, reliance on external auditors and on-site inspections) and main criteria of the assessment	[free text]
070	Form of the decisions taken by the competent authority and communication of the decisions to applicants	[free text]
	Supervisory approach for the approval of the use of Internal Model Method (IMM) to calculate minimum capital requirements for counterparty credit risk
080	Minimum documentation to be provided by the institutions applying for the use of IMM approach	[free text]
090	Description of the assessment process conducted by the competent authority (use of self assessment, reliance on external auditors and on-site inspections) and main criteria of the assessment	[free text]
100	Form of the decisions taken by the competent authority and communication of the decisions to applicants	[free text]
	Supervisory approach for the approval of the use of Advanced Measurement Approach (AMA) to calculate minimum capital requirements for operational risk
110	Minimum documentation to be provided by the institutions applying for the use of AMA approach	[free text]
120	Description of the assessment process conducted by the competent authority (use of self assessment, reliance on external auditors and on-site inspections) and main criteria of the assessment	[free text]
130	Form of the decisions taken by the competent authority and communication of the decisions to applicants	[free text]

Part 3 Specialised lending exposures

	Regulation (EU) No 575/2013	Provisions	Information to be provided by the competent authority
010	Date of the last update of the information in this template	(dd/mm/yyyy)
020	Article 153(5)	Has the competent authority published guidance to specify how institutions should take into account the factors referred to in paragraph 5 of Article 153 when assigning risk weights to specialised lending exposures?	[Yes/No]
030	If so, please provide the reference to the national guidance	[reference to national text]
040	Is the national guidance available in English?	[Yes/No]

Part 4 Credit risk mitigation

	Regulation (EU) No 575/2013	Provisions	Description	Information to be provided by the competent authority
010	Date of the last update of the information in this template	(dd/mm/yyyy)
020	Article 201(2)	Publication of the list of financial institutions that are eligible providers of unfunded credit protection or guiding criteria for identifying these financial institutions	Competent authorities shall publish and maintain the list of financial institutions that are eligible providers of unfunded credit protection under point (f) of Article 201(1) of Regulation (EU) No 575/2013 or the guiding criteria for identifying such eligible providers	List of the financial institutions or guiding criteria for their identification	[free text – a hyperlink to such list or guiding criteria on the competent authority’s website can be provided]
030	Description of the applicable prudential requirements	Competent authorities shall publish a description of the applicable prudential requirements together with the list of the eligible financial institutions or the guiding criteria for identifying these financial institutions	Description of the prudential requirements applied by the competent authority	[free text]
040	Article 227(2), point (e)	Condition for applying a 0 % volatility adjustment	Under the Financial collateral Comprehensive Method institutions may apply a 0 % volatility adjustment provided that the transaction is settled in a settlement system proven for that type of transaction	Detailed description on how the competent authority considers the settlement system as a proven system	[free text]
050	Article 227(2), point (f)	Condition for applying a 0 % volatility adjustment	Under the Financial collateral Comprehensive Method institutions may apply a 0 % volatility adjustment provided that the documentation covering the agreement or transaction is standard market documentation for repurchase transactions or securities lending or borrowing transactions in the securities concerned	Specification of the documentation to be considered as standard market documentation	[free text]
060	Article 229(1)	Valuation principles for immovable property collateral under the IRB approach	The immovable property may be valued by an independent valuer at or at less than the mortgage lending value in the Member States that have laid down rigorous criteria for the assessment of this mortgage lending value in statutory or regulatory provisions	Criteria set out in the national legislation for the assessment of the mortgage lending value	[free text]

Part 5 Specific disclosure requirements applied to institutions

	Directive 2013/36/EU	Provision	Information to be provided by the competent authority
010	Date of the last update of information in this template	(dd/mm/yyyy)
020	Article 106(1), point (a)	Competent authorities may require institutions to publish information referred to in Part Eight of Regulation (EU) No 575/2013 more than once per year, and to set deadlines for publication	Frequency and deadlines for publication applicable to institutions	[free text]
030	Article 106(1), point (b)	Competent authorities may require institutions to use specific media and locations for publications other than the financial statements	Types of specific media to be used by institutions	[free text]

Part 6 Waivers for the application of prudential requirements

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