BCBS D400

From Open Risk Manual
Revision as of 10:48, 26 March 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''BCBS D400''' is a document published by the Basel Committee on Banking Supervision on March 2017 in the Disclosure cate...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

BCBS D400 is a document published by the Basel Committee on Banking Supervision on March 2017 in the Disclosure category.

Title

Pillar 3 disclosure requirements - consolidated and enhanced framework.

Abstract

The Basel Committee on Banking Supervision has issued the Pillar 3 disclosure requirements - consolidated and enhanced framework. This standard represents the second phase of the Committee's review of the Pillar 3 disclosure framework and builds on the revisions to the Pillar 3 disclosure published by the Committee in January 2015.

The Pillar 3 disclosure framework seeks to promote market discipline through regulatory disclosure requirements. The enhancements in the standard contain three main elements:

  • Consolidation of all existing Basel Committee disclosure requirements into the Pillar 3 framework, covering the composition of capital, the leverage ratio, the liquidity ratios, the indicators for determining globally systemically important banks, the countercyclical capital buffer, interest rate risk in the banking book and remuneration.

  • Introduction of a "dashboard" of banks' key prudential metrics which will provide users of Pillar 3 data with an overview of a bank's prudential position and a new disclosure requirement for banks which record prudent valuation adjustments to provide users with a granular breakdown of its calculation.

  • Updates to reflect ongoing reforms to the regulatory framework, such as the total loss-absorbing capacity (TLAC) regime for globally systemically important banks and the revised market risk framework published by the Committee in January 2016.

The standard incorporates feedback from Pillar 3 preparers and users collected during the public consultation conducted in March 2016. Clarifications have been made relating to the disclosure requirements, in particular those pertaining to TLAC.

The implementation date for each of the disclosure requirements is set out in the standard. In general, the implementation date for existing disclosure requirements consolidated under the standard will be end-2017. For disclosure requirements which are new and/or depend on the implementation of another policy framework, the implementation date has been aligned with the implementation date of that framework.

The Committee thanks all those who contributed time and effort to express their views during the consultation process.

Document Profile

  • Publication Date: March 2017
  • Publication Type: Standards
  • Publication Status: Consolidated
  • Publication Category: Disclosure
  • Number of Pages: 82
  • Keywords: Disclosure, Pillar 3

See Also

Disclaimers

For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.

The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).