EBA discussion paper on Pillar 3 data hub for small banks

The European Banking Authority (EBA) has published a discussion paper on extending its Pillar 3 data hub to small and non-complex institutions (SNCIs). The hub provides public access to prudential information from all European Economic Area credit institutions in a single location. It was launched in January for large and other institutions and the EBA is now progressing its extension to SNCIs. For these institutions, the EBA is mandated to prepare and publish the Pillar 3 disclosures based on supervisory reporting data submitted to competent authorities. The discussion paper proposes a simplified process detailing the methodology for calculating Pillar 3 disclosures. It also outlines the next steps and the expected timeline for the first publication. The deadline for feedback is 20 July and a public hearing is scheduled for 1 July. Responses will inform the finalisation of the SNCI process and the calculation methodology.

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