International Regulatory Updates


APRIL 05, 2021
The European Banking Authority (EBA) published today its Risk Dashboard for the last quarter of 2020. The data show a rise in capital ratios, a contraction of the NPL ratio and a return on equity (RoE) significantly below banks’ cost of equity. Besides asset quality and profitability, operational ...
MARCH 23, 2021
The European Central Bank (ECB) announced today that it will charge banks total fees of €514.3 million for the 2020 fee period. Overall supervisory costs last year stood at €535.3 million, a very slight decrease of 0.3% compared with 2019. After adjusting for a surplus of €22.0 million carried ...
MARCH 02, 2021
The European Central Bank (ECB) is today publishing a Guide to the method of setting administrative pecuniary penalties that outlines the principles and methods for calculating the penalties used to sanction banks for breaches of prudential requirements. The publication marks a further step forward ...
MARCH 01, 2021
The European Banking Authority (EBA) published today a consultation paper on draft implementing technical standards (ITS) on Pillar 3 disclosures on Environmental, Social and Governance (ESG) risks. The draft ITS put forward comparable disclosures that show how climate change may exacerbate other ri ...
MARCH 01, 2021
The European Banking Authority (EBA) published today an Opinion in response to the Commission’s call for advice on KPIs and related methodology for the disclosure by credit institutions and by investment firms of information on how and to what extent their activities qualify as environmentally sus ...
FEBRUARY 22, 2021
In line with its new Memorandum of Understanding (MoU) publication policy, the European Central Bank (ECB) today published its MoU on post-Brexit supervisory cooperation with the UK authorities, effective from 1 January 2021. The agreement with the Prudential Regulation Authority and the Financial C ...
FEBRUARY 01, 2021
The European Central Bank (ECB) will examine 38 significant euro area banks as part of the 2021 EU-wide stress test coordinated by the European Banking Authority (EBA). In line with the EBA’s selection criteria, these banks represent broadly 70% of total euro area banking assets. The EU-wide ex ...
FEBRUARY 01, 2021
The European Banking Authority (EBA) launched today the 2021 EU-wide stress test and released the macroeconomic scenarios. Following the postponement of the 2020 exercise, due to the COVID-19 pandemic, this year’s EU-wide stress test will provide valuable input for assessing the resilience of the ...
JANUARY 28, 2021
The European Central Bank (ECB) published today the outcome of its 2020 Supervisory Review and Evaluation Process (SREP) and announced its supervisory priorities for 2021. This year’s SREP results reflect an early decision by the ECB to take a pragmatic approach towards conducting its annual co ...
JANUARY 13, 2021
Capital Adequacy Aggregate capital ratios for significant institutions, (i.e. banks that are supervised directly by the ECB) increased in the third quarter of 2020 relative to the previous quarter. The aggregate Common Equity Tier 1 (CET1) ratio stood at 15.21%, the aggregate tier 1 ratio stood a ...