International Regulatory Updates

The European Banking Authority (EBA) announced today the key components of the forthcoming 2014 EU-wide stress test that will be conducted on a wide sample of EU banks. The objective of the EU-wide stress tests is to help supervisors assess the resilience of financial institutions in the European Un ...

Link to MFSA European Central Bank Website - https://www.mfsa.mt/firms/compensation-schemes/institutions-and-agencies/european-central-bank/ ...

The Executive Board of the European Central Bank (ECB) has appointed the four Directors General who are to head the single supervisory mechanism. Under the mechanism, the banking systems of participating EU Member States will be supervised as of November 2014. Click here to access the full press ...

These updated Q&As clarify, for example, how exchange-traded derivatives (ETDs) should be reported to trade repositories (TRs). From 12 February 2014, EMIR requires all EU counterparties to a derivative contract to report their trades to a TR, irrespective of whether these are traded on or off e ...

The Financial Stability Board (FSB) today published a statement providing an update of information on the jurisdictions evaluated to date under its initiative to encourage the adherence of all countries and jurisdictions to regulatory and supervisory standards on international cooperation and infor ...

EIOPA advises different risk charges for securitisations with higher and lower risk profiles; Instead of the currently proposed uniform 7% spread risk charge for AAA rated securitisations, EIOPA recommends to decrease the charges for less risky issues to 4.30% while increasing them for riskier on ...

In the context of its ongoing work on comparability of RWAs, the European Banking Authority (EBA) published today three reports: (i) an interim report on the consistency of RWAs in SMEs and residential mortgages portfolios; (ii) a report on the comparability of supervisory rules and practices; and ( ...

The European Banking Authority (EBA) disclosed today updated information on 64 European banks from 21 countries of the European Economic Area (EEA). The data covers the first half of 2013 and is based on 730,000 data points including capital, Risk Weighted Assets (RWAs) and sovereign exposures. Thro ...

The European Banking Authority (EBA) issued today a warning on a series of risks deriving from buying, holding or trading virtual currencies such as Bitcoins. The EBA said that consumers are not protected through regulation when using virtual currencies as a means of payment and may be at risk of lo ...

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