LegalizeCommission Implementing Regulation (EU) 2023/2526 of 17 November 2023 amending the implementing technical standards laid down in Implementing Regulation (EU) 2022/389 as regards the content lists of the information on individual data to be disclosed by competent authorities
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| Image omitted; see official source | Official Journal of the European Union | EN Series L |
| --- | --- | --- |
| 2023/2526 | 20.11.2023 |
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Directive (EU) 2019/2034 of the European Parliament and of the Council of 27 November 2019 on the prudential supervision of investment firms and amending Directives 2002/87/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU, 2014/59/EU and 2014/65/EU 1, and in particular Article 57(4) thereof,
Whereas:
- (1) Commission Implementing Regulation (EU) 2022/389 2 lays down templates for the publication of the information that competent authorities have to disclose pursuant to Article 57(1) of Directive (EU) 2019/2034. That information concerns the composition of own funds and the own funds requirements by type of requirement, but is limited to investment firms that do not qualify as small and non-interconnected investment firms.
- (2) As small and non-interconnected investment firms can be numerous in certain Member States, the absence of publicly available information on the composition of own funds and the own funds requirements of those investment firms may distort a meaningful comparison of aggregated requirements by type across different Member States. Therefore, the templates laid down in Part 1 of Annex IV to Implementing Regulation (EU) 2022/389 should also refer to the data on the composition of own funds and own funds requirements by type of requirement for those investment firms that do qualify as small and non-interconnected.
- (3) Implementing Regulation (EU) 2022/389 should therefore be amended accordingly.
- (4) This Regulation is based on the draft implementing technical standards submitted to the Commission by the European Banking Authority after having consulted the European Securities and Markets Authority.
- (5) The necessary amendments to Implementing Regulation (EU) 2022/389 do not involve significant changes in substantive terms nor additional reporting burden on investment firms. In accordance with Article 15(1), second subparagraph, of Regulation (EU) No 1093/2010 of the European Parliament and of the Council 3, the European Banking Authority has not conducted open public consultations, nor analysed the potential related costs and benefits, considering that it would be highly disproportionate in relation to the scope and impact of the draft implementing technical standards concerned,
HAS ADOPTED THIS REGULATION:
Article 1
Annex IV to Implementing Regulation (EU) 2022/389 is amended in accordance with the Annex to this Regulation.
Article 2
This Regulation shall enter into force on 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.
Done at Brussels, 17 November 2023.
For the Commission
The President
Ursula VON DER LEYEN
Commission Implementing Regulation (EU) 2022/389 of 8 March 2022 laying down implementing technical standards for the application of Directive (EU) 2019/2034 of the European Parliament and of the Council with regard to the format, structure, content lists and annual publication date of the information to be disclosed by competent authorities (OJ L 79, 9.3.2022, p. 4).
Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331 15.12.2010, p. 12).
ANNEX
In Annex IV to Implementing Regulation (EU) 2022/389, Part 1 is replaced by the following:
‘PART 1
Individual data per competent authority (year 20XX)
| Reference to reporting template | Data | ||||
| Number and size of investment firms | Number and size of investment firms | ||||
| 010 | Number of investment firms | Number of investment firms | [Value] | ||
| 020 | Total assets of all investment firms in the Member State (in MEUR)4 | Total assets of all investment firms in the Member State (in MEUR)4 | [Value] | ||
| Number and size of third country investment firms 5 | Number and size of third country investment firms 5 | ||||
| 030 | From third countries | Number of branches6 | [Value] | ||
| 040 | From third countries | Number of subsidiaries7 | [Value] | ||
| Own funds composition with respect to own funds requirements | Own funds composition with respect to own funds requirements | Data, in millions euro | Data, as percentage of total own funds requirements 9% | ||
| 050 | Total Common Equity Tier 18 | Total Common Equity Tier 18 | I 01.00 row 0030 and I 01.01 row 0030 | [Value] | [Value] |
| 060 | Total Additional Tier 18 | Total Additional Tier 18 | I 01.00 row 0300 and I 01.01 row 0300 | [Value] | [Value] |
| 070 | Total Tier 2 capital8 | Total Tier 2 capital8 | I 01.00 row 0420 and I 01.01 row 0420 | [Value] | [Value] |
| 080 | Total own funds9 | Total own funds9 | I 01.00 row 0010 and I 01.01 row 0010 | [Value] | [Value] |
| Total own funds requirement by type | Total own funds requirement by type | Data, in millions euro | Data, as percentage of the total own funds requirements 9 % | ||
| 090 | Data on own funds requirements | Fixed overheads requirement10 | I 02.01 row 0030 and I 02.03 row 0030 | [Value] | [Value] |
| 100 | Data on own funds requirements | Permanent minimum capital requirement11 | I 02.01 row 0020 and I 02.03 row 0020 | [Value] | [Value] |
| 110 | Data on own funds requirements | K-factor requirement12 | I 02.01 row 0040 | [Value] | [Value] |
| 120 | Data on own funds requirements | of which Risk-to-Client (RtC)13 | I 04.00 row 0020 | [Value] | [Value] |
| 130 | Data on own funds requirements | of which Risk-to-Market (RtM)14 | I 04.00 row 0090 | [Value] | [Value] |
| 140 | Data on own funds requirements | of which Risk-to-Firm (RtF)15 | I 04.00 row 0120 | [Value] | [Value] |
The total assets figure shall be the sum of the asset values of all investment firms in a Member State, calculated based on applicable accounting standards, excluding any asset under management.
EEA countries shall not be included.
Number of branches as defined in Article 3(1), point (3), of Directive (EU) 2019/2034. Any number of places of business set up in the same country by an investment firm with headquarters in a third country should be counted as a single branch.
Number of subsidiaries as defined in Article 3(1), point (29), of Directive (EU) 2019/2034. Any subsidiary of a subsidiary undertaking shall be regarded as a subsidiary of the parent undertaking, which is at the head of those undertakings.
Capital as referred to in Article 9(1) of Regulation (EU) 2019/2033.
Total own funds requirement as referred to in Article 11 of the Regulation (EU) 2019/2033.
Fixed overheads requirement as referred to in Article 11(1), point (a), of Regulation (EU) 2019/2033.
Permanent minimum capital requirement as referred to in Article 11(1), point (b), of Regulation (EU) 2019/2033.
K-factor requirement as referred to in Article 11(1), point (c), of Regulation (EU) 2019/2033.
Own funds requirements associated with Risk to Client as referred to in Article 15(1), point (a), of Regulation (EU) 2019/2033. Indicate total capital ratio in column ‘Data, as percentage of the total own fund requirements %’.
Own funds requirements associated with Risk to Market as referred to in Article 15(1), point (b), of Regulation (EU) 2019/2033.
Own funds requirements associated with Risk to Firm as referred to in Article 15(1), point (c), of Regulation (EU) 2019/2033.’
ELI: http://data.europa.eu/eli/reg_impl/2023/2526/oj
ISSN 1977-0677 (electronic edition)
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