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Pillar 3 disclosures: looking back and looking forward

Author

Listed:
  • Calver, Patrick

    (Bank of England)

  • Owladi, Jennifer

    (Bank of England)

Abstract
Public disclosure by banks and insurers of information about their financial position, risk profile and corporate governance practices is an important component of a well-functioning financial system. •Inadequate disclosures contributed to the financial crisis. As a consequence, improving banks’ and insurers’ disclosures has been a major focus of post-crisis regulation. •This article takes stock of the enhancements made to Pillar 3 disclosures since the financial crisis, and considers what progress could be made in the future.

Suggested Citation

  • Calver, Patrick & Owladi, Jennifer, 2017. "Pillar 3 disclosures: looking back and looking forward," Bank of England Quarterly Bulletin, Bank of England, vol. 57(3), pages 190-202.
    • Handle: RePEc:boe:qbullt:0230
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    File URL: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2017/pillar-3-disclosures-looking-back-and-looking-forward.pdf?la=en&hash=468DA87C061529E83D14A90554D2D44B4487529F
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