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Pillar 3 disclosures: looking back and looking forward

Author

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  • 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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