Bundesbank issued a circular on the treatment of loan claims deferred in the course of a general payment moratorium. Bundesbank informed that information provided by BaFin on the supervisory and regulatory measures in response to the COVID-19 challenges can also be used to report banking statistics (such as those under the AnaCredit regulation) if the reporting content is based on the requirements of the Capital Requirements Regulation (CRR). BaFin has updated the frequently asked questions (FAQs) related to the measures taken in response to the COVID-19 outbreak.
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Keywords: Europe, Germany, Banking, Statistics, Reporting, AnaCredit, FAQ, COVID-19, CRR, BaFin, Bundesbank
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.
FASB issued a proposed Accounting Standards Update that would grant insurance companies, adversely affected by the COVID-19 pandemic, an additional year to implement the Accounting Standards Update No. 2018-12 on targeted improvements to accounting for long-duration insurance contracts, or LDTI (Topic 944).
APRA updated the regulatory approach for loans subject to repayment deferrals amid the COVID-19 crisis.
BCBS and FSB published a report on supervisory issues associated with benchmark transition.
IAIS published a report on supervisory issues associated with benchmark transition from an insurance perspective.
ESMA updated the reporting manual on the European Single Electronic Format (ESEF).
EBA published a statement on resolution planning in light of the COVID-19 pandemic.
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.
FED temporarily revised the capital assessments and stress testing reports (FR Y-14A/Q/M) to implement the changes in response to the COVID-19 pandemic.
BCBS Finalizes Revisions to Credit Valuation Adjustment Risk Framework