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") has referred to these requirements in its 2016 Annual Report

The pages where the disclosures can be found are referenced in the explanatory section below.

<Explanations>

  • Article 88 of CRD IV relates to the governance arrangements, whereas article 91 of CRD IV sets requirements for the Management Body of institutions. These requirements are set out in the Annual Report on pages 5-7, & 8-17.
  • Article 89 of CRD IV relates to the country-by-country reporting. These details have not been reported in our Annual Report yet are set out as per the table below:

Country by Country reporting data per 31 December 2016

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

29.2

147.5

-1.9

0.4

Czech Rep.

Prague Branch

Corporate Banking

2.9

13

1.0

0.2

Austria

Vienna Branch

Corporate Banking

4.5

10

2.3

0.6

Belgium

Brussels Branch

Corporate Banking

3.0

25

-0.2

0.0

Poland

BTMU Polska SA

Corporate Banking

6.7

29.5

1.2

0.3

United Kingdom

BTMU (Europe) Ltd.

Corporate Banking

0.3

0

0.1

0.0

Netherlands

BTMU Trust Holland B.V.

Corporate Banking

0.1

0

0.1

0.0

 

  • Article 90 of CRD IV relates to the public disclosure of return on assets and is detailed under the Financial Statements 2016 (Pages 18-20).  The return on asset ratio is calculated dividing the net profit amount by the total balance sheet amount.
  • Articles 92, 94 and 95 of CRD IV relate to the remuneration policies and are defined on pages 13 and 50.
  • As MUFG Bank (Europe) N.V. does not benefit from Government intervention, Article 93 of CRD IV is not applicable.