One of the objectives behind the renewal of the prudential regulation and supervision is to increase transparency. Increasing requirements for supervisory disclosure provide a centralized channel to the information about the execution of the prudential regulation and supervision for supervised entities and other interested parties. Additionally, uniform implementation of the supervisory disclosure within the EU enhances the possibilities for comparisons between the different EU countries and thus, for its part, promotes both the coherency of supervisory methods and integration of the common market within the EU.
In accordance with the European Banking Authority (EBA) guidelines on supervisory disclosure, the FIN-FSA publishes information concerning the laws, regulations, administrative rules and general guidance adopted in the field of prudential regulation and supervision. In addition FIN-FSA discloses information about the exercise of options and national discretions as well as about the general criteria and methodologies for supervisory review process.
The information disclosed by FIN-FSA is divided in the following categories
1. Rules and guidance
2. Options and national discretion
3. Supervisory review
4. Statistical data
The information disclosed by other EU countries' prudential supervisory bodies can be found on the Internet site of the European Banking Authority, EBA.
26 November 2013