Supervisory Disclosure

The importance of supervisory transparency and accountability has been stressed by the Basel Committee on Banking Supervision and by the new European Banking Legislation: Directive 2013/36/EU and Regulation (EU) No 575/2013.


The European Banking Authority (EBA) therefore developed a supervisory disclosure framework allowing meaningful comparisons.


The tables of information in this section were developed by a working group of EBA and are implemented on the individual homepages of the competent authorities of the EU Member States. The EBA website will serve as a centralised electronic repository and will allow for quick and easy comparison of the relevant information. The websites of the national competent authorities will provide the exhaustive and detailed information required by the EU banking legislation.



In this section, the CSSF will publish and give access to information regarding the texts of laws, regulations, administrative rules and general guidance adopted in the field of prudential regulation and supervision in Luxembourg.


The supervisory disclosure requirements cover options and national discretions available in EU banking legislation, general criteria and methodologies used nationally in the Supervisory Review and Evaluation Process (SREP). This section contains also aggregate statistical data on key aspects of the implementation of the prudential framework in Luxembourg.


The main purpose of supervisory disclosure is to provide easy access to information, give a comprehensive overview of supervisory and regulatory framework in Europe and enable a meaningful comparison of the approaches adopted by the competent supervisory authorities in the different Member States.


The content of the pages in this section has been divided into four sections:


- Rules and guidance

- Options and national discretions

- Supervisory review

- Aggregate statistical data


Rules and guidance

1. Laws and regulations adopting in each Member State the provisions of Directive 2013/36/EU and Regulation (EU) No 575/2013. These texts outline the primary supervisory requirements for supervised credit institutions and investment firms.


2. Administrative rules: There is a variety of definitions of administrative rules. For the purpose of disclosure they are understood as instructions to supervised entities to fulfil certain legislative and regulatory requirements. 


3. General guidance includes explicit disclosure requirements from Directive 2013/36/EU and explanations deemed necessary to set out how the rules should be applied by institutions. Additionally, such guidance will cover any other relevant information that competent authorities may wish to release to enhance the understanding of the new capital adequacy framework.


Options and national discretions

Directive 2013/36/EU and Regulation (EU) No 575/2013 contain a large number of options and national discretions which may be applied on the basis of national circumstances. 


Supervisory review

This section includes general criteria and methodologies of the Supervisory Review and Evaluation Process (SREP), minimum requirements for institutions' own Capital Adequacy Assessment Process (ICAAP) and policies on supervisory measures.


Statistical data

This section includes aggregate statistical data on key aspects of the implementation of the prudential framework in each Member State. The disclosure includes national statistical data about the banking sector, credit risk, operational risk, market risk and supervisory actions and measures.


Relevant document - Legal basis

Implementing Technical Standards published on the Official Journal of the European Union

Pour retourner au site principal de la CSSF, veuillez cliquer ici.


Pour le moment, les pages sur la "Supervisory Disclosure" ne peuvent être consultées qu'en langue anglaise.