RTS on disclosure of encumbered and unencumbered assets (Reg 575/2013)

This regulation sets technical standards for how banks and credit institutions must report their assets. Specifically, it focuses on the disclosure of 'encumbered' assets (those used as collateral) and 'unencumbered' assets (those free of such obligations). This ensures that the financial health and risk levels of banks are transparent to regulators and the public.

This affects banks and financial institutions operating within the EU. It requires them to provide more detailed and standardized reporting on their asset holdings to improve financial stability.