June 2 2021
GBIC comments on EBA's Draft Implementing Standards on prudential disclosures on ESG risks in accordance with Article 449a CRR
In its current version, the level of detail of the information required for the green asset ratio is very high. Moreover, GBIC considers the duplicate disclosure of templates in two external reports by the institutions to be superfluous (templates 8 and 9 according to the EBA Pillar 3 ITS and templates 1 and 3 under the COM draft of the delegated act on Article 8 of the Taxonomy Regulation).
