AI Summary of Article 430 Reporting on prudential requirements and financial information
This document outlines the reporting obligations for institutions to their competent authorities regarding various requirements, including own funds, leverage ratios, liquidity, and large exposures. Institutions must also disclose information on asset encumbrance and exposures to ESG and crypto-asset risks. The European Banking Authority (EBA) is tasked with developing implementing technical standards to standardise reporting formats and frequencies.
Moreover, a proportionate approach to reporting is emphasised, particularly for small and non-complex institutions. Competent authorities hold the discretion to waive duplicative data requirements to streamline processes and enhance efficiency.
Article 430 Reporting on prudential requirements and financial information
1. Institutions shall report to their competent authorities on:
(a) own funds requirements, including the leverage ratio, as set out in Article 92 and Part Seven;
(b) the requirements laid down in Articles 92a and 92b, for institutions that are subject to those requirements;
(c) large exposures as set out in Article 394;
(d) liquidity requirements as set out in Article 415;
(e) the aggregate data for each national immovable property market as set out in Article 430a(1);
(f) the requirements and guidance set out in Directive 2013/36/EU qualified for standardised reporting, except for any additional reporting requirement under point (j) of Article 104(1) of that Directive;
(g) the level of asset encumbrance, including a breakdown by the type of asset encumbrance, such as repurchase agreements, securities lending, securitised exposures or loans.