The initiative reforms requirements in the form of standardised information at a certain point ( periodic information ) or information on an ongoing basis .

Information requirements

reporting requirements to supervisors

3 . confidential data exchanged need to be protected from unlawful disclosure

Some parties asserted that disclosure of price sensitive information on an ad hoc basis ( ad hoc disclosure ) would be far better adapted to the information needs of investors .

MONETARY FINANCIAL INSTITUTIONS AND STATISTICAL REPORTING REQUIREMENTS

The home Member State may make an issuer subject to requirements more stringent than those laid down in this Directive , as regards the disclosure of information to the public or to security holders .

ANNEX I STATISTICAL REPORTING REQUIREMENTS AND CLASSIFICATION PRINCIPLES

8. Reporting requirements for full disclosure

REQUIREMENTS IN THE FIELD OF GENERAL ECONOMIC STATISTICS

Outreach services

These guidelines provide information on the collection , validation and dissemination of the list of monetary financial institutions ( MFIs ) .

However , they should both benefit and be subject to overall general disclosure provisions , such as prohibition of the imposition of further requirements on them by Member States other than the home Member State ( Article 3 ) or the need for guaranteeing effective and simultaneous disclosure of any information to be disclosed according to Article 17 .

This demonstrates that the Community 's disclosure requirements lag behind , no longer reflect best practice and are clearly outdated .

Without prejudice to the disclosures explicitly required by this Directive , the aim of the disclosure requirements should be to provide market participants with accurate and comprehensive information regarding the risk profile of individual institutions .

No minimum reporting requirement is established for the liability side of the balance sheet .

The information about what requires this package could not be obtained.

The current proposal indeed provides for higher transparency requirements for share issuers compared to debt security issuers ( such as quarterly financial information , but also disclosure of the capital structure in the case of changes to major shareholdings etc ) .

Credit institutions shall adopt a formal policy to comply with the disclosure requirements laid down in paragraphs 1 and 2 , and have policies for assessing the appropriateness of their disclosures , including their verification and frequency .

Given the diversity of issues covered under this directive , the issuer 's home Member State should be allowed imposing more stringent or additional disclosure requirements .

2.1 First , as regards disclosure and information requirements , the proposed directive introduces various requirements depending on the legal nature of the issuer .

no Member State shall be obliged to supply information the disclosure of which it considers contrary to the essential interests of its security

On the contrary , the large exposure regime is simplified and reporting requirements reduced .

Related information Review of the requirements in the field of general economic statistics , December 2004

Review of ECB statistical requirements in the field of general economic statistics

Reporting requirements in Article 110 have been simplified and harmonised .

17 December 2004 Review of the ECB 's statistical requirements

Therefore , the Commission considers that the increased information flows should be accompanied by the eventual decision for two key aspects being entrusted to the consolidating supervisor ( Pillar 2 capital requirements and reporting requirements ) .

ECB Statistical requirements of the European Central Bank in the field of general economic statistics August 2000

It may serve as a basis for the planning and development work of the producers of the statistics .

This also includes requirements to provide quarterly financial information given that US stock markets

Therefore , no minimum reporting requirement is established for the liability side of the balance sheet .

Article 1 Subject matter and scope This Directive establishes requirements in relation to the disclosure of periodic and ongoing information about issuers whose securities are already admitted to trading on a regulated market situated or operating within a Member State .

Finally , the IMF recommended some improvements regarding disclosure practices for some functions carried out by NCBs .

Standardised transparency and information requirements at EU level The option of market self regulation has been dismissed given the currently low levels of compliance with consumer information requirements and lack of transparency .

ECB Statistical requirements of the European Central Bank in the field of general economic statistics August 2000

ECB Statistical requirements of the European Central Bank in the field of general economic statistics August 2000

In the United States , debt security issuers are even subject to quarterly financial reporting requirements .

STATISTICAL REQUIREMENTS OF THE EUROPEAN CENTRAL BANK IN THE FIELD OF GENERAL ECONOMIC STATISTICS August 2000

Article 12 Disclosure of confidential information A syndicated loan shall only constitute eligible collateral for Eurosystem credit operations if the syndicated loan agreement permits the lender to disclose confidential information to a Eurosystem central bank in connection with any charge , assignment or security interest created by the lender in or

The first update of the ECB statistical requirements in the field of general economic statistics was approved .

However , periodic reporting and ad hoc disclosure of inside information ( under the future Market Abuse Directive ) are different ways of informing the public and not substitutes .

Daily dissemination to NCBs via the N13 Data Exchange System 30 .

An analogous reporting requirement and compilation method for the aggregate are applied for portfolio investment income .

An analogous reporting requirement and compilation method for the aggregate are applied for portfolio investment income .