CBR plans to make banks disclose leverage indicators
TULA. Jan 24 (Interfax) - The Central Bank of Russia plans to ask banks to disclose leverage indicators again in line with the gradual transition to Basel-III standards, Central Bank Deputy Chairman Mikhail Sukhov said.
"This year we need to introduce a system of disclosure by banks of leverage indicators and self-evaluation under the same conditions for the supervisory body. I think we will do this," he said.
He said the information would be gathered in monitoring mode and for now it will not be subject to Central Bank regulation.
"The Basel-III package envisages introducing leverage indicators from 2017 as an addition to the capital adequacy indicator. In our conditions I think all banks can manage 3% leverage as the ratio of capital to total asset volume," Sukhov said. Russia is not planning to impose regulation of this indicator before it is done abroad.
Systemically important banks will publish leverage indicators from 2015-2016.
"We need to come to a system where in around 2015-2016 all Russian credit organizations, which are recognized as national systemically important banks should have a system of information disclosure as envisaged by Basel-III not just for the regulator but for the general public," he said.
Sukhov added that the list of systemically important banks in Russia has not yet been compiled but it will contain around 20 to 25 banks.
