We have completed the implementation of the new Disclosure Requirements as published by the European Banking Authority (EBA) in EBA/GL/2018/10.
The Guideline includes a total of ten (10) disclosure templates. Four (4) of these templates are to be prepared by all financial institutions while the other six (6) templates are only to be prepared by institutions meeting certain criteria (significant credit institutions with gross NPL ration of 5% or above).
A new module has been added within FRCS that automates the preparation of the Disclosure Requirements. This module, however, has a pre-requisite that FINREP is also licensed and automated through our application as the automation of hte disclosures requires the underlying data and analysis available within FINREP.