Moody's Analytics Structured Issuer Solutions Strategic Update

EBA Publishes Phase 2 of Technical Package on Reporting Framework 2.10

EBA published phase 2 of the technical package on the reporting framework 2.10, providing the technical tools and specifications for implementation of EBA reporting requirements.

ESMA Updates Reporting Manual on European Single Electronic Format

ESMA updated the reporting manual on the European Single Electronic Format (ESEF).

EBA Calls on Resolution Authorities to Consider Impact of COVID Crisis

EBA published a statement on resolution planning in light of the COVID-19 pandemic.

Moody's Analytics et IEIF: COVID-19: Quelles Conséquences et Perspectives pour le Marché de l'Immobilier Professionnel en Europe?

Nous vous apportons nos éclairages et nos réflexions relatives aux conséquences de COVID-19 sur le secteur immobilier professionnel.

ECB Guideline on Materiality Threshold for Credit Obligations Past Due

ECB published a guideline (2020/97), in the Official Journal of European Union, on the definition of materiality threshold for credit obligations past due for less significant institutions.

PRA Statement on Application of Matching Adjustment Amid Crisis

PRA published a statement to insurers that clarifies the approach to application of the matching adjustment during COVID-19 crisis.

EBA Provides Clarity on Implementation of Certain COVID-19 Policies

EBA published a report on the implementation of selected COVID-19 policies within the prudential framework for banking sector.

EC Consults on Revision of Network and Information Systems Directive

EC launched a consultation to revise the network and information systems (NIS) Directive (2016/1148), which was adopted in July 2016 and is the first horizontal internal market instrument aimed at improving the resilience of the EU against cybersecurity risks.

PRA Statement on LIBOR Transition and PRA Resolution-Related Rules

PRA published a statement that outlines its view on the implications of LIBOR transition for contracts in scope of the “Contractual Recognition of Bail-In” and “Stay in Resolution” parts of the PRA Rulebook.

PRA Issues Updates to Pillar 2A Capital Framework in UK

PRA published the policy statement PS15/20 to reflect additional resilience associated with higher macro-prudential buffers in a standard risk environment with a reduction in Pillar 2A capital requirements.

FCA Proposes Guidance to Further Support Consumer Credit Customers

FCA announced proposals that would provide continued support for certain consumer credit products to users, who are facing a financial impact because of the exceptional circumstances arising from the COVID-19 pandemic.

ACPR Publishes Draft of Taxonomy RAN 1.4.0 for Solvency II Reporting

ACPR published a draft version of taxonomy RAN 1.4.0_PWD1, along with the related documentation, for Solvency II reporting.

PRA Letter Sets Expectations on Approach to Managing Climate Risks

PRA published a letter that builds on the expectations set out in the supervisory statement (SS3/19) on enhancing banks' and insurers' approaches to managing the financial risks from climate change.

EBA Guidelines on Treatment of Structural Foreign Exchange Under CRR

EBA finalized the guidelines on treatment of structural foreign-exchange (FX) positions under Article 352(2) of the Capital Requirements Regulation (CRR).

EC Launches Consultation on Review of Solvency II Directive

EC launched a consultation on the review of the key elements of Solvency II Directive, with the comment period ending on October 21, 2020.

ECB Consults on Supervisory Approach to Consolidation in Banking

ECB launched a consultation on the guide that sets out supervisory approach to consolidation projects in the banking sector.

ESRB Issues Recommendation on Reciprocation of Macroprudential Actions

The General Board of ESRB has decided to exclude an Estonian macro-prudential measure related to the systemic risk buffer from the list of macro-prudential policy measures that are recommended to be reciprocated under the Recommendation ESRB/2015/2.

DNB Announces Several Reporting Updates in June 2020

DNB updated the list of additional data requests that includes semi-recurring and ad hoc data requests to banks, from DNB and European agencies.

BIS to Establish More Innovation Hubs in Europe and North America

BIS announced that it will establish new Innovation Hub centers across Europe and in North America in cooperation with member central banks.

Impact of Economic Stress on Consumer Portfolios across Europe

Moody's Analytics subject matter experts are presenting their modular framework for retail credit asset classes, as deployed in Moody's Portfolio Analyzer.

PRA Statement on Changes to CRR in Response to COVID-19 Crisis

PRA published a statement that sets out its views on certain amendments made to Capital Requirements Regulations (CRR and CRR2) via EU Regulation 2020/873 (CRR "Quick Fix"), including some guidance for firms.

PRA Proposes Approach for Publishing Solvency II Technical Information

PRA is proposing (CP5/20) an approach for publication of Solvency II technical information after the end of the transition period for Brexit.

FCA Extends Implementation Timeline for SM&CR Solo-Regulated Firms

FCA announced that the HM Treasury has agreed to delay the deadline for solo-regulated firms to have undertaken the first assessment of the fitness and propriety of their Certified Persons under the Senior Managers and Certification Regime (SM&CR).

DNB Issues Taxonomy for BIS Consolidated Banking Statistics

DNB published version 2.0.0 of taxonomy for “BIS Consolidated Banking Statistics (BISCBS)," also known as the DNB 8023 country risk report.

BaFin Replaces Form for Reporting of Recovery Plans by LSIs

BaFin has replaced the form for reporting of recovery plans of less significant institutions (LSIs), according to the simplified requirements under §19 Recovery and Resolution Act (SAG).

CFRF Publishes Guide for Addressing Climate-Related Financial Risks

The Climate Financial Risk Forum (CFRF), which is a joint climate risk forum of FCA and PRA, published a guide written by the industry for the industry to help firms approach and address climate-related financial risks.

EBA Responds to EC Consultation on Digital Finance Strategy for Europe

EBA published its response to the EC consultation on a new Digital Finance Strategy for Europe.

EIOPA Responds to EC Consultation on Digital Finance Strategy

EIOPA responded to the EC consultation on a new digital finance strategy for Europe.

ESMA Responds to EC Consultation on Digital Finance Strategy

ESMA published its response to the EC consultation on the new digital finance strategy for EU.