BCB issued Circular No. 3.938 on changes to the rule on the identification, measurement, and control of interest rate risk in the banking book (IRRBB) and on the public disclosure and remittance (to BCB) of information related to IRRBB. Circular No. 3.938 amends Circular No. 3.876, which is dated January 31, 2018, and Circular No. 3.930, which is dated February 14, 2019. A consultation on the changes related to IRRBB took place from September 2018 to November 2018.
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Keywords: Americas, Brazil, Banking, Interest Rate Risk, IRRBB, Disclosures, Circular 3.938, Circular 3.876, Circular 3.930, BCB
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PRA published a set of questions and answers (Q&A) covering common queries regarding residential and commercial property valuations, for the purpose of the Capital Requirements Regulation (CRR), during the period of disruption caused by COVID-19 pandemic.
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IOSCO proposed updates to its principles for regulated entities that outsource tasks to service providers.
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