Recital (55)

To allow for a greater integration of reporting and disclosures related to the MREL, EBA should publish institutions and entities’ disclosures in a centralised manner, while respecting the right of all institutions and entities to publish data and information themselves. Such centralised disclosures should allow EBA to publish the disclosures of small and non-complex institutions, based on the information reported by those institutions to competent and resolution authorities and should thus significantly reduce the administrative burden to which small and non-complex institutions are subject. At the same time, the centralisation of disclosures should have no cost impact for other institutions and entities, and it should increase transparency and reduce the cost of access to prudential information for market participants. Such increased transparency should facilitate the comparability of data across institutions and entities and promote market discipline. The centralisation of disclosures related to resolution ensures alignment with the procedure applicable to supervisory disclosures as set out in Regulation (EU) No 575/2013 to ensure that all disclosure obligations are treated in a similar manner.