Index of Risk and Capital Disclosures

The following table presents an index of Morgan Stanley's risk and capital disclosures in the 2023 Annual Report on Form 10-K, the Quarterly Report on Form 10-Q and the Basel III Pillar 3 Disclosure Report for the quarterly period ended March 31, 2024.

Morgan Stanley's Pillar 3 Disclosures are not required to be, and have not been, audited by an independent registered public accounting firm. Morgan Stanley's Pillar 3 Disclosures were based on our current understanding of U.S. Basel III and other factors, which may be subject to change as additional clarification and implementation guidance from regulators relating to U.S. Basel III are received, and as the interpretation of the final rule evolves over time. Some measures of exposures may not be consistent with U.S. GAAP, and may not be comparable with measures reported in Morgan Stanley's Annual Reports on Form 10-K or Quarterly Reports on Form 10-Q.

	Details	2023 Annual Report on Form 10-K	Q1 2024 Quarterly Report on Form 10-Q	Q1 2024 Basel III Pillar 3 Disclosures
Risk Overview	Risk factors	13	74
	Liquidity risk management framework	49	17
	Regulatory requirements	53	21
	Regulatory developments and other matters	58	25
	Risk management	61	26
Liquidity Risk and Funding	Liquidity risk	78	34
	Required liquidity framework	49	17
	Liquidity resources	50	17
	Funding management	51	18
	Off-Balance sheet arrangements	53	20
	Borrowings and other secured financings	121	59
	Commitments, guarantees and contingencies	123	59
Operational Risk	Supervision and regulation	6
	Risk governance structure	61
	Risk management process	64	26
	Operational risk	76	34	23
	Legal, regulatory and compliance risk	78	34
Capital Adequacy and Risk-Weighted Assets	Regulatory capital framework	53, 133	21, 65	1
	Regulatory capital requirements	54, 133	21, 66	1
	Regulatory capital ratios	55, 134	22, 66	3
	Capital conservation buffer, countercyclical capital buffer and global systemically important bank surcharge	54	21	4
	Internal ratings system exposures			9
	Regulatory capital changes	55	22
	Risk-weighted assets rollforward	56	23
	Supplementary leverage ratio	55	22	24
	Attribution of average common equity according to the required capital framework	58	24
Market risk	Market risk	64	26	19
	Risk limits framework	64
	Trading risks	65	26
	Non-trading risks	67	27
	Credit spread risk sensitivity	67	27
	Interest rate risk sensitivity	67	27	19
	Model methodology, assumptions and exposure measures			20
	Model limitations			21
	Model validation			22
	Regulatory VaR backtesting			22
	Covered positions			22
	Stress testing of covered positions			23
Credit Risk	Credit risk	68	28	5
	Credit risk: General disclosures			5
	Monitoring and control	68
	Credit exposures: Derivatives	74, 110	33
	Country risk exposure	74	33
	Derivative instruments and hedging activities	108	48
	Loans, lending commitments and allowance for credit losses	69, 116	28, 55	6
	Credit risk mitigation	69		13
	Equities not subject to the market risk capital rule			14
	Securitization exposures			15

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