Pillar III disclosure is an important regulatory framework implemented by the Basel Committee on Banking Supervision (BCBS) to promote transparency and market discipline in the banking industry. It requires banks to disclose their risk management practices, capital adequacy, and other key financial information to the public on a regular basis. The framework is designed to enhance the quality and consistency of information available to market participants, thereby enabling them to make informed investment decisions and monitor the soundness of the banking system. Pillar III disclosure plays a crucial role in promoting stability and confidence in the financial system by increasing transparency and accountability of banks.
Expert drafting of regulatory disclosures & hosting at www.pillar3.eu
We provide a dependable, responsive and cost-effective solution with www.pillar3.eu – allowing you to host your disclosures on risk and capital adequacy, remuneration code, stewardship code and sustainable finance, meaning you need not maintain such disclosures in other locations such as your own website or statutory accounts.
21 March 2023 • Governance Risk & Compliance
As the UK moves toward a new financial environment post-Brexit, the FCA is beginning the process of shaping the new regulatory regime and is open to feedback from fund managers and investors through its latest discussion paper, which it will use to create an accurate picture of what investors and funds really want. The modernisation […]
16 March 2023 • Governance Risk & Compliance
Regulators globally are placing increased focus on the identification of anti-money laundering (“AML”) control deficiencies and Know Your Customer non-compliance. This places even more scrutiny on the AML officers who are charged with ensuring that an AML framework is robust and at all times compliant with jurisdictional AML regimes. In the alternative investment funds space, […]