Compliance with the Capital Requirements Directive (CRD IV)

Article 96 of the fourth Capital Requirements Directive (CRD IV) requires institutions to set out a statement on the institution’s website on how they comply with the requirements of articles 88 to 95 of the Directive.

  MUFG Bank (Europe) N.V. ("MUFG Bank (Europe)") refers to its annual report (dated March 2018) and to this website page. 

  • Art. 88 of CRD IV relates to the governance arrangements, which are described by both the Report of the Supervisory Board and Report of the Management Board, included in the Annual Report. MUFG Bank (Europe) is not ‘significant’ as defined by art. 6(40) of the SSM Regulation (1024/2013).
  • Art. 89 requires disclosure of so-called ‘country-by-country’ reporting.

Country by Country reporting data per March 2018

Country

Establishment

Main Activity

Total operating  income (in € millions)

Average number of FTE’s

Operating profit/(loss) before tax (in € millions)

Income tax expense (in € millions)

Netherlands

MUFG Bank (Europe) N.V.

Corporate Banking

36.5

172

-13.5

3.4

Czech Rep.

Prague Branch

Corporate Banking

4.2

12

1.8

-0.4

Austria

Vienna Branch

Corporate Banking

5.7

9

2.7

-0.7

Belgium

Brussels Branch

Corporate Banking

5.6

20

-1.6

0.0

Poland

Poland Branch

Corporate Banking

10.2

12

3.2

-0.6

United Kingdom

MUFG Funding (U.K.) Limited

Corporate Banking

0.2

0

0.0

0.0

Netherlands

MUFG Business Service (Holland) N.V.

Corporate Banking

0.5

0

0.2

-0.1

The table shows the tax jurisdictions where MUFG Bank (Europe) pays corporate income tax. 

 

  • Art. 90 refers to the return on assets. Such information is included in the audited financial statements, part of the Annual Report.
  • Art. 91 refers to criteria set to the composition of the Management Board. Reference is made to the Report of the Management Board, in the Annual Report.
  • Art. 92, 94 and 95 refer to the Remuneration Policy, being described in the Report of the Supervisory Board in the Annual Report.
  • Art. 93 on benefits from Government intervention is not applicable to MUFG Bank (Europe).