International Regulatory Updates
DECEMBER 23, 2016
The European Banking Authority (EBA) published today its Report on cyclicality of banks' capital requirements aiming at clarifying whether risk-sensitive bank capital requirements as laid down in the Capital Requirements Regulation (CRR) and Capital Requirements Directive (CRD) create unintended pro ...
DECEMBER 22, 2016
The European Banking Authority (EBA) published today its third impact assessment Report for the liquidity coverage ratio (LCR), together with a review of its phasing-in period. The Report shows a constant improvement of the average LCR across EU banks since 2011. At the reporting date of 31 December ...
DECEMBER 22, 2016
In its meeting on 6 December 2016, the Board of Supervisors of the European Banking Authority (EBA) decided to carry out its next EU-wide stress test in 2018, in line with its previous decision to aim for a biennial exercise. The EBA will start immediately to prepare the methodology for the 2018 str ...
DECEMBER 19, 2016
We are aware that an email was sent on Friday December 16th 2016 entitled "FCA Regulation2017" which appeared to be from [email protected]. This email was not sentby the FCA and recipients should delete the email without opening https://www.fca.org.uk/news/statements/fake-fca-email ...
DECEMBER 16, 2016
The European Central Bank (ECB) today launches a public consultation on the draft ECB guide on materiality assessment (EGMA) for changes or extensions to counterparty credit risk models. The draft ECB guide indicates how the ECB intends to interpret the existing legal framework. It assists significa ...
DECEMBER 15, 2016
A supervisory snapshot of the life insurance market in Europe to assess vulnerabilities and resilience to severe market developments – not a pass or fail exercise
Focus on two major market risks: A “low-for-long-yield” and a “double hit” scenario
236 insurance undertakings at solo le ...
DECEMBER 15, 2016
The European Central Bank (ECB) has today published its 2017 priorities for supervising significant banks in the euro area. The main focus is on the key risks currently faced by banks, such as the need to adapt to financial conditions such as lacklustre economic growth in the euro area and geopoliti ...
DECEMBER 15, 2016
The Governing Council of the European Central Bank (ECB) releases the following statement after the meeting of its Macroprudential Forum on 14 December 2016:
Cyclical systemic risks remain contained in most of the countries covered by ECB Banking Supervision and in the euro area as a whole, with ...
DECEMBER 15, 2016
The Governing Council of the European Central Bank (ECB) has appointed
Pentti Hakkarainen as ECB representative to the Supervisory Board of the Single Supervisory Mechanism. Mr Hakkarainen, currently Deputy Governor of Suomen Pankki – Finlands Bank and Chairman of the Finnish Financial Supervis ...
DECEMBER 09, 2016
European macroeconomic environment remains fragile, further challenged by geopolitical risks
The low interest rate environment continues to be the main challenge for European insurers and Institutions for Occupational Retirement Provision (IORPs)
Advances in technology bring new risks and oppo ...
