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ING reports outcome of 2020 EU-wide Transparency Exercise and Risk Assessment Report
12/11/2020 | 12:21pm EDT
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ING reports outcome of 2020 EU-wide Transparency Exercise and Risk Assessment Report
ING notes the announcements made today by the European Banking Authority (EBA) and the European Central Bank (ECB) regarding the information of the 2020 EU-wide Transparency Exercise and Risk Assessment Report.
Background 2020 EU-wide Transparency Exercise
and Risk Assessment Report
The EU-wide Transparency Exercise is performed since 2016 on an regular basis and is published along with the Risk Assessment Report (RAR). The annual transparency exercise is based solely on COREP/FINREP data to assure a sufficient and appropriate level of information to market participants.
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