International Regulatory Updates
DECEMBER 20, 2013
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 ...
DECEMBER 20, 2013
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 ...
DECEMBER 18, 2013
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 ( ...
DECEMBER 16, 2013
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 ...
DECEMBER 15, 2013
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 ...
DECEMBER 15, 2013
English Version
Maltese Version ...
DECEMBER 15, 2013
The European Banking Authority (EBA) agreed on its final draft Regulatory Technical Standards (RTS) on criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These identified staff will be subject to provisions related, in pa ...
DECEMBER 12, 2013
Low yield environment, weak macroeconomic climate and contagion risk from exposure to sovereigns and financial institutions remain prominent risks for both insurance and pensions sectors;
As a response to the low yield environment, insurance undertakings are focusing on unit-linked contracts and ...
DECEMBER 02, 2013
ESMA identifies deficiencies in CRAs sovereign ratings processes
The European Securities and Markets Authority (ESMA) has published a Report identifying a number of deficiencies in the processes for producing and issuing sovereign ratings at the three largest credit rating agencies (CRAs), Fitch ...
NOVEMBER 27, 2013
Malta has been named European domicile of choice in the illustrious Hedge Funds Review Service Provider Rankings (HFR SP) 2013.
Malta came out top in Europe with a total of 22.1 per cent of all European votes cast in the annual survey – fast moving up the ranks from its third place in 2012.
...
