International Regulatory Updates
DECEMBER 19, 2017
The European Securities and Markets Authority (ESMA) has published three consultation papers on draft technical standards implementing the Securitisation Regulation (SR). The Regulation establishes a general framework for securitisation and creates a specific framework for simple, transparent and st ...
DECEMBER 15, 2017
The European Central Bank (ECB) today published the draft ECB guide on the assessment methodology (EGAM) for the internal model method and the advanced CVA capital charge for counterparty credit risk. The draft guide indicates how ECB Banking Supervision intends to assess internal models for counter ...
DECEMBER 15, 2017
The European Central Bank (ECB) today published the outcome of its second Supervisory Review and Evaluation Process (SREP) in 2016. The aggregate capital demand for 2017 for the directly supervised banks remains comparable to 2016 – at an average and median of around 10% Common Equity Tier 1 (CET1 ...
DECEMBER 14, 2017
The European Banking Authority (EBA) published today data templates that will create the foundation for NPL transactions across the EU. The templates will provide a common EU data set for the screening, financial due diligence and valuation during NPL transactions. An extended use of the templates i ...
DECEMBER 14, 2017
Stress tests are an important supervisory tool to provide insight into the risks and vulnerabilities of the European occupational pensions sector. They contribute to the stability of the financial system and the European economy and enhance the protection of pension scheme members and beneficiaries. ...
DECEMBER 14, 2017
European Institutions for Occupational Retirement Provision (IORPs) providing defined benefits and hybrid pension schemes have, in aggregate, insufficient assets to cover their liabilities
Sponsors of over a quarter of IORPs might face challenges meeting their obligations
Vulnerabilities could ...
DECEMBER 11, 2017
The European Securities and Markets Authority (ESMA) published today the MiFID II/MiFIR transitional transparency calculations (TTC) for equity and bond instruments. Today’s publication means that TTC for all asset classes, applicable from 3 January 2018, are now available to market participants, ...
DECEMBER 11, 2017
The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today its draft regulatory technical standards (RTS) specifying how credit and financial institutions should manage money laundering and terrorist financing (ML/TF) risks at group level where the ...
DECEMBER 11, 2017
The European Banking Authority (EBA) welcomes the agreement reached on the finalisation of the Basel III framework by the Basel Committee on Banking Supervision (BCBS), which concludes the global post-crisis prudential reforms. ‘Strong international standards are an essential common yardstick that ...
DECEMBER 05, 2017
The ECB oversees all significant and less significant banks in the participating countries through direct and indirect supervision.
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