Following on from the above, the EIB’s Group Risk Management Disclosure Report (‘GRMDR’) has been prepared in line with the prudential disclosure requirements as set out in Articles 431 to 455 of Part Eight of CRR II1 , which became applicable in June 2021, and the related technical standards, guidelines and opinions of the European Banking Authority (‘EBA’), as applicable to the EIB and which are relevant and compatible with the EIB’s statutory framework and business model.
Following on from the above, the EIB’s Group Risk Management Disclosure Report (‘GRMDR’) has been prepared in line with the prudential disclosure requirements as set out in Articles 431 to 455 of Part Eight of CRR II , which became applicable in June 2021, and the related technical standards, guidelines and opinions of the European Banking Authority (‘EBA’), as applicable to the EIB and which are relevant and compatible with the EIB’s statutory framework and business model.
These disclosure requirements and the corresponding European Commission Implementing Regulation constitute a fundamental review of regulators’ strategy on banks’ Pillar III disclosures. Also in this report edition, disclosures are compatible with the EIB’s specificities, thus reflecting the non applicability or non-availability of certain templates, as described in Section 2. Accordingly, the EIB’s disclosures are not fully comparable with those published mandatorily by institutions, financial holding companies and mixed financial holding companies, owing that to the EIB’s status as an EU body pursuant to the Treaty on the Functioning of the European Union.
