International Regulatory Updates


MAY 20, 2020
The European Central Bank (ECB) today published a guide for consultation that explains how it expects banks to safely and prudently manage climate-related and environmental risks and disclose such risks transparently under the current prudential framework. The ECB wants banks to account for these ri ...
APRIL 23, 2020
Following up on its strategic communications of 12th, 25th, 31st March and 2nd April, the European Banking Authority (EBA) provides today further clarity on how additional flexibility will guide supervisory approaches in relation to market risk, the Supervisory Review and Evaluation Process (SREP), ...
APRIL 07, 2020
Capital Adequacy The capital ratios for the aggregated group of significant institutions, i.e. the banks supervised by the ECB, increased in the fourth quarter of 2019 compared with the previous quarter. The Common Equity Tier 1 (CET1) ratio stood at 14.78%, the Tier 1 ratio at 15.96% and the tot ...
APRIL 03, 2020
Following the publication of its statement on the application of the prudential framework regarding default, forbearance and IFRS9 in light of COVID-19 measures, the European Banking Authority (EBA) published today more detailed guidance on the criteria to be fulfilled by legislative and non-legisla ...
APRIL 01, 2020
Following its call for flexibility in the prudential framework and supervisory approaches to support lending into the real economy, the European Banking Authority (EBA) clarified today its expectations in relation to dividend and remuneration policies, provided additional guidance on how to use flex ...
MARCH 30, 2020
The European Central Bank (ECB) today updated its recommendation to banks on dividend distributions. To boost banks’ capacity to absorb losses and support lending to households, small businesses and corporates during the coronavirus (COVID-19) pandemic, they should not pay dividends for the financ ...
MARCH 20, 2020
The European Central Bank (ECB) today announced further measures to ensure that its directly supervised banks can continue to fulfil their role to fund households and corporations amid the coronavirus-related economic shock to the global economy. The ECB supports all initiatives aimed at providin ...
MARCH 12, 2020
The European Central Bank (ECB) today announced a number of measures to ensure that its directly supervised banks can continue to fulfil their role in funding the real economy as the economic effects of the coronavirus (COVID-19) become apparent. “The coronavirus is proving to be a significant ...
MARCH 04, 2020
The Executive Board of the European Central Bank (ECB) today announced a range of operational measures that it is taking as a precaution to protect its staff from risks associated with the spread of the coronavirus, COVID-19. All travel by Executive Board members and employees judged to be non-es ...
FEBRUARY 06, 2020
Today the European Central Bank (ECB) published for consultation a guide that outlines the methodology it uses to assess the internal models banks apply to calculate their exposure to counterparty credit risk (CCR). The guide also describes how the ECB will assess the advanced methods banks use to c ...