The CEBS Task Force on Supervisory Disclosure currently chaired by Karol Gabarretta, Banking Unit director at the MFSA, assisted by Matej Pollick from the CEBS Secretariat, held its third meeting of this year in Malta on July 27.

The scope of the meeting was primarily to discuss and agree upon the proposed set of new templates and relative guidelines, and on their population, so as to augment the current CEBS Supervisory Disclosure framework. This common Supervisory Disclosure framework has been implemented since 2007 and is accessible on the internet, both on CEBS's website and on national websites, including that of the MFSA. At present the common framework includes disclosures on the Capital Requirements Directive - the legislative provisions and also the supervisory application of the rules and statistical data on the implementation of the CRD - and disclosures on reporting.

Similar to previous meetings, the third meeting was attended by various members from EU regulatory authorities. The next meeting of the TFSD is also expected to be hosted in Malta in November.