COVID-19 disclosure quality in European banks' financial statements

  • Document (mid gray) Image

29 Nov, 2021

A study published as part of the working paper series of the European Banking Institute (EBI) looks at COVID-19 disclosures in half-year and year-end financial statements 2020 of European banks.

ESMA, EBA, IOSCO and IASB communicated in the second quarter of 2020 their expectations on disclosure regarding the pandemic’s impact in order to meet the objective of the IFRS to provide decision-useful information to stakeholders. The aim of the study was to examine the extent to which banks fulfilled the disclosure expectations communicated by the relevant professional institutions.

The papers of the EBI working paper series are available on SSRN. Please click to access the COVID-19 study here.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.