The European Banking Authority (EBA) published guidelines (GL) on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis. The EBA is introducing temporary, additional reporting for the application of the payment moratoria, forbearance measures applied in response to COVID-19 to the existing loans and public guarantees to new lending in response to the COVID-19 pandemic. These additional reporting and disclosure requirements are expected to be time-limited as they are introduced strictly in the context of the COVID-19 pandemic. The first reporting reference date and the disclosure reference date will be 30 June 2020. The reporting guidelines will be part of Reporting Framework 2.10, which will be published in June 2020. The guidelines have been developed to address data gaps associated with such measures to ensure an appropriate understanding of institutions’ risk profile and the asset quality on their balance sheets both for supervisors and the wider public. The guidelines cover information that is crucial for understanding the prudential soundness of individual institutions, without impacting their treatment of creditors under moratoria or public guarantees.

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