Disclosure principles
1. Information to be disclosed in accordance with this Regulation shall be subject to the following principles:
(a)
disclosures shall be subject to the same level of internal verification as that applicable to the management report included in the investment firm’s financial report;
(b)
disclosures shall be clear and shall be presented in a form that is understandable to users of information and communicated through an accessible medium. Important messages shall be highlighted and easy to find. Complex issues shall be explained in simple language. Related information shall be presented together;
(c)
disclosures shall be meaningful and consistent over time to enable users of information to compare information across disclosure periods;
(d)
quantitative disclosures shall be accompanied by qualitative explanations and any other supplementary information that may be necessary in order for the users of that information to understand them, noting in particular any significant change in any given disclosure compared to the information contained in previous disclosures.
Disclosure of own funds by investment firms
Investment firms shall make the disclosures on own funds required by Article 49(1) of Regulation (EU) 2019/2033 by using the templates of Annex VI to this Regulation and in accordance with the relevant instructions set out in Annex VII to this Regulation.
General disclosure provisions
1. Where disclosing the information referred to in Article 10 of this Regulation, investment firms shall ensure that numeric values are submitted as facts in accordance with the following:
(a)
quantitative monetary data shall be disclosed using a minimum precision equivalent to thousands of units;
(b)
quantitative data disclosed as ‘Percentage’ shall be expressed as per unit with a minimum precision equivalent to four decimals.
2. When disclosing the information referred to in Article 10of this Regulation, investment firms shall ensure that the data are associated with all of the following information:
(a)
disclosure reference date and reference period;
(b)
disclosure currency;
(c)
name and where relevant, the Legal Entity Identifier (LEI) of the disclosing institution;
(d)
where relevant, the accounting standard;
(e)
where relevant, the scope of consolidation.
