International Regulatory Updates

The EBA agreed today on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks' capital positions were significantly strengthened under the EBA's recapitalisation exercise, the objective of the asset quality exercises will be to review banks' classifications a ...

The European Banking Authority (EBA) launches today a Call for expression of interest to prepare the renewal of its Banking Stakeholder Group (BSG). The deadline for application is 28 June 2013, 23:59 GMT. Click here to access the full press release. ...

Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request ...

Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request ...

1. Introduction 1.1. The current proposal aims to refine the existing selection procedure for the purpose of establishing the EIOPA Insurance and Reinsurance Stakeholder Group (IRSG) and the Occupational Pensions Stakeholder Group (OPSG) in the upcoming selection process. It also builds on the ex ...

LONDON (Standard & Poor's) April 24, 2013--Standard & Poor's Ratings Services believes that the combination of factors behind Cyprus' difficulties is not currently replicated in other small, financially-focused eurozone economies. This is according to a report titled "Small Countries, Big Ba ...

Bloomberg Article. ...

The European Securities and Markets Authority (ESMA) has published a peer review report examining whether EU securities supervisors correctly apply ESMA’s guidelines on money market funds (MMFs). The review compared supervisory and enforcement practices for MMFs of 30 supervisory authorities acros ...

First report by the Joint Committee of the European Supervisory Authorities (ESAs) on cross-sectoral risks facing the EU financial system; Key risks facing EU financial markets include weak macroeconomic outlook; low interest rate environment; risk of further fragmentation on the single market; i ...

The Guidelines follow up the Guidelines on complaints handling by insurers, thereby seeking to ensure a “complete circle of protection” for consumers; They provide guidance on insurance intermediaries’ internal systems and control for complaints handling, the provision of information to con ...