Legal News

EBA publishes final draft ITS on Pillar 3 disclosures on ESG risks under EU CRR

Published on: 24 January 2022
Published by LNB News

LNB News 24/01/2022

Document Information

Issue Date: 24 January 2022

Published Date: 24 January 2022

Jurisdiction(s): United Kingdom

Article summary

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) on Pillar 3 disclosures on environmental, social and governance (ESG) risks under the Capital Requirements Regulation (EU) 575/2013 (EU CRR). The final draft ITS include comparable disclosures to show how climate change may exacerbate other risks within institutions’ balance sheets, how institutions are mitigating those risks, and their ratios (including the green asset ratio) on exposures financing taxonomy-aligned activities, such as those consistent with the Paris agreement goals.

Popular documents