This week one answer was published as part of the Single Rulebook Questions and Answers (Q&A).
BCBS is consulting on amendments to the treatment of client cleared derivatives under the Basel III leverage ratio.
Credit quality benefits to the degree a borrower has locked in continued access to debt capital and has capped the interest expense of outstanding debt. Basically, long-term debt having a fixed interest rate is preferred to short-term debt having a variable interest rate. Through the first nine months of 2018, U.S. corporate bond issuance incurred year-over-year setbacks of 21% for investment-grade (to $698.9 billion) and 25% for high-yield (to $151.5 billion).
BCBS issued the final, revised version of its stress testing principles for banks and supervisory and other relevant financial authorities in Basel Committee member jurisdictions.
APRA released an information paper to assist authorized deposit-taking institutions to meet their obligations under the Banking Executive Accountability Regime (BEAR).
PRA published the Policy Statements for Solvency II insurers, which include PS22/18 on volatility adjustment, PS23/18 on internal model modeling of the volatility adjustment, PS24/18 on updates to internal model output reporting, and PS25/18 on external audit of the public disclosure requirement.
The EC Vice President Valdis Dombrovskis and the SRB Chair Elke König spoke at the 2018 Single Resolution Board Conference in Brussels.
PRA is seeking views (CP23/18) on a draft supervisory statement on banks' and insurers' approaches to managing the financial risks from climate change.
This whitepaper gives an overview of the security concerns about Software as a Service (SaaS) in the banking and financial services sector and highlights best practices for technology, business culture, governance, and compliance.
PRA is proposing (CP22/18) to delay termination of the existing "daily flows" and "enhanced mismatch" liquidity reports (FSA047 and FSA048) by six months.
FASB issued a proposed GAAP Financial Reporting Taxonomy Implementation Guide on financing receivables and current expected credit loss (CECL) disclosures, the comment period for which ends on November 05, 2018
OSFI issued its annual update for 2018 to the manual of reporting forms and instructions for deposit-taking institutions.
BCRA updated the minimum capital requirements and liquidity coverage ratio (LCR) rules under the Basel standards for banks. BCRA also published updates related to certain aspects of the information transparency regime.
The Brexit saga is quickly coming to a head, but it is increasingly unclear which direction it is headed.
Webinar by UK Finance and Moody's Analytics on how to achieve lean regulatory reporting and save money (webinar slides)
European Council adopted a new directive on combating money laundering by criminal law.
In this webinar, Moody's Analytics economists discuss Australia's macro and regional economic outlook and the impact on the housing market.
Free-falling share prices might soon drive the 10-year Treasury yield under 3%. The market value of U.S. common equity was recently 7.4% under its record high of August 29, 2018. In the event the equity market sinks 10% under its current zenith, the containment of inflation expectations supplies the Fed with more than enough leeway to temporarily halt its ongoing normalization of monetary policy. When monetary policy lacks precedent, flexibility is necessary. Never before has the Fed simultaneously firmed policy by both hiking fed funds and reducing its holdings of Treasury bonds and agency mortgage backed securities.
During a speech at the 2018 Stress Testing Research Conference in Boston, Beverly Hirtle of NY FED discussed the evolution of design of the supervisory stress testing.
The five US Agencies approved final amendments to swap margin requirements. These amendments conform with the recent rule changes that impose new restrictions on certain qualified financial contracts of systemically important banking organizations (QFC Rules).
The report focuses on the primary risks in crypto-asset markets, transmission channels affecting financial stability, and regulatory actions that have been taken and are under active consideration by authorities in different FSB member jurisdictions.
OSFI issued the final version of the 2019 Life Insurance Capital Adequacy Test (LICAT) guideline for life insurers.
Bank of Italy published Version 1.7 of the AnaCredit Handbook for reporting, along with the updated technical operating procedures for AnaCredit reporting.
EC adopted the Implementing Act amending the implementing technical standards (EU Regulation No 680/2014) on supervisory reporting in EU.
BoE announced that it will publish results of the annual stress testing exercise for banks on December 05, 2018.
The dashboard summarizes the main risks and vulnerabilities in the EU banking sector using quantitative risk indicators.
The EIOPA Chair Gabriel Bernardino delivered an introductory statement to the Economic & Monetary Affair Committee (ECON) at the European Parliament, as part of the annual hearing of the chairs of ESAs.
The ESMA Chair Steven Maijoor delivered an opening statement to the Economic & Monetary Affair Committee (ECON) at the European Parliament, as part of the annual hearing of the chairs of ESAs.
The guideline, which was last issued in 2005, provides a risk control framework for managing interest rate risk to prudent level for banks, bank holding companies, federally regulated trust and loan companies, and cooperative retail associations.
The Notice establishes the minimum capital adequacy ratios for a reporting bank and the methodology a reporting bank shall use for calculating these ratios (Pillar 1).