Following the EBA communication of 16 December 2022 concerning the repeal of its Guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis (EBA/GL/2020/07), the CSSF would like to inform the concerned entities that Circular CSSF 20/748 adopting these EBA Guidelines is repealed from 1 January 2023.
It has to be recalled that the temporary COVID-19 reporting and disclosure framework introduced by these EBA Guidelines in June 2020 was set up to monitor the measures taken by credit institutions in response to the COVID-19 crisis. It was originally meant to be in place for a limited period of time.
This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.