Introduction to Supervisory Disclosures

Supervisory Disclosure is viewed as a comprehensive policy of transparency.  Its aim is to make information related to prudential supervision available in a timely manner to all interested parties, including credit institutions, investment firms, other market participants, other supervisors, and consumers.  The Central Bank’s intention is to present a comprehensive overview of supervisory and regulatory practice in Ireland; to provide easy access to more detailed information; and to permit meaningful comparison of the approaches adopted by the national authorities in different Member States.

The framework for supervisory disclosure aims to provide information without seeking to interpret or validate disclosures.  It is designed to enhance the transparency of the legislative and regulatory process in each Member State as it implements the Capital Requirements Regulation (EU) No. 575/2013 (CRR) and Directive 2013/36/EU (CRD IV).

In accordance with CRD IV articles 143(1) and 144, the Central Bank of Ireland will publish:

 i. The texts of laws, regulations, administrative rules and general guidance adopted by Ireland in the field of prudential regulation.

ii. The manner in which Ireland exercises options and national discretions available in EU law.

iii. The general criteria and methodologies used by the Central Bank in the Supervisory Review and Evaluation Process (SREP). 

iv. Aggregate statistical data on key aspects of the implementation of the prudential framework in Ireland (e.g. assets, capital requirements, pillar I and pillar II data, supervisory inspections and measures). 

v. Specific disclosures per Article 144, as applicable.

Per the relevant European Commission Implementing Regulation [(EU) No 650/2014], Competent Authorities shall publish the information listed in Article 143(1) of CRD IV [information numbered (i) to (iv) in the list above] at a single electronic location for the first time by 31 July 2014, and subsequently in accordance with Article 5 of that Regulation.

Supervisory Disclosures is divided into the following sections: 

European Banking Authority (EBA)

Supervisory Disclosure pages of each national authority can be accessed through the EBA website