The revised disclosure requirements presented in this Standard supersede the existing Pillar 3 disclosure requirements issued in 2009. These revised requirements are an integral part of the Basel framework and they complement other disclosure requirements issued separately by Central Bank, which are uploaded on Central Bank's online portal for banks to download. Pillar 3 Disclosure requirements apply to all banks in the UAE at consolidated level for local banks and all branches of foreign banks.

Implementation date

The Pillar 3 tables and disclosures will be effective from Q2, 2020 for the previous quarter/year's figures and every quarter/year going forward. Banks need to report in each table as per the requirements for that table set out in the Appendix since few tables are required to be reported every quarter or semi-annually or annually.
 

Reporting

Banks should publish their Pillar 3 report in a stand-alone document on the bank’s UAE-specific website that provides a readily accessible source of prudential measures for users. The Pillar 3 report may be appended to form a discrete section of a bank’s financial reporting, but the full report will be needed to be disclosed separately in the Pillar 3 tables as well.