Featured Product

    ECB Updates List of Supervised Entities in EU in August 2021

    August 09, 2021

    The European Central Bank (ECB) updated the list of supervised entities in EU, with the number of significant supervised entities amounting to 114 as of the July 01, 2021 cut-off date. Changes have been made with respect to 10 entities. The list of supervised entities contains the ECB-supervised institutions, which comprise the significant (part A) and less significant credit institutions (part B). The table in Part A, which presents the list of significant institutions, also contains a column that provides the rationale for significance.

    The key changes made to the list of significant supervised entities from the last update, and with effect from July 01, 2021, include the following:

    • Cassa Rurale di Rovereto - Banca di Credito Cooperativo - Società cooperativa merged into Cassa Rurale Alto Garda - Banca di Credito Cooperativo - Società Cooperativa; this means that Cassa Rurale di Rovereto - Banca di Credito Cooperativo - Società cooperativa has ceased to exist and therefore its name must be deleted from the list of significant supervised entities.
    • Banca di Credito Cooperativo Monopoli - Società Cooperativa merged into Banca di Credito Cooperativo di Alberobello e Sammichele di Bari - Società Cooperativa; as a result, Banca di Credito Cooperativo Monopoli - Società Cooperativa has ceased to exist and therefore its name must be deleted from the list of significant supervised entities.
    • BANCA DI CREDITO COOPERATIVO DI TURRIACO - SOCIETÀ COOPERATIVA merged into Credito Cooperativo - Cassa Rurale ed Artigiana del Friuli-Venezia Giulia (abbreviato Cassa Rurale FVG) - Società cooperativa; as a result, BANCA DI CREDITO COOPERATIVO DI TURRIACO - SOCIETÀ COOPERATIVA has ceased to exist and therefore its name must be deleted from the list of significant supervised entities.
    • Cassa Rurale ed Artigiana di Vestenanova - Credito Cooperativo - Società Cooperativa merged into BANCA ALTO VICENTINO- Credito Cooperativo di Schio, Pedemonte e Roana - Società Cooperativa; as a result, Cassa Rurale ed Artigiana di Vestenanova - Credito Cooperativo - Società Cooperativa has ceased to exist and therefore its name must be deleted from the list of significant supervised entities.
    • Deutsche Hypothekenbank (Actien-Gesellschaft) merged by absorption into Norddeutsche Landesbank - Girozentrale -; as a result Deutsche Hypothekenbank (Actien-Gesellschaft) ceased to exist and therefore its name must be deleted from the list of significant supervised entities.

     

    Related Links

    Keywords: Europe, EU, Banking, SSM, Supervised Entities, Significant Credit Institutions, Less Significant Credit Institutions, Banking Supervision, ECB

    Featured Experts
    Related Articles
    News

    OSFI Issues Results of Pilot on Climate Risk Scenario Analysis

    The Office of the Superintendent of Financial Institutions (OSFI) published an update on the discussion paper that intended to engage federally regulated financial institutions and other interested stakeholders in a dialog with OSFI, to proactively enhance and align assurance expectations over key regulatory returns.

    January 20, 2022 WebPage Regulatory News
    News

    EC Issues Regulation on Adjustments to K-Factor Coefficients Under IFR

    The European Commission (EC) published a report summarizing responses to the targeted consultation on the supervisory convergence and the single rulebook in the European Union (EU).

    January 20, 2022 WebPage Regulatory News
    News

    ECB Issues Opinions on Green Bonds Standard and CRR Proposals

    The European Central Bank (ECB) published its opinion on a proposal for a regulation on European green bonds, following a request from the European Parliament.

    January 19, 2022 WebPage Regulatory News
    News

    ESRB Explores Policy Response to Risks Arising from Digitalization

    The Advisory Scientific Committee (ASC) of the European Systemic Risk Board (ESRB) published a report that explores the expected impact of digitalization on provision of financial and banking services, and proposes policy measures to address the risks stemming from digitalization.

    January 18, 2022 WebPage Regulatory News
    News

    HKMA Consults on FIRO Code, Revises Policy on Foreign Exchange Risk

    The Hong Kong Monetary Authority (HKMA) is consulting on the draft Financial Institutions (Resolution) Ordinance (Cap. 628), or FIRO, Code of Practice chapter on liquidity and funding in resolution, until March 14, 2022.

    January 18, 2022 WebPage Regulatory News
    News

    FI Publishes Multiple Regulatory and Reporting Updates

    The Swedish Financial Supervisory Authority (FI) announced that the capital adequacy reporting as at December 31, 2021 must be done by February 11, 2022.

    January 17, 2022 WebPage Regulatory News
    News

    EU Authorities Address COVID-19 Reporting, MCD, and PSD2 Issues

    The European Banking Authority (EBA) announced that the guidelines on the reporting and disclosure of exposures subject to measures COVID-relief measures shall continue to apply until further notice.

    January 17, 2022 WebPage Regulatory News
    News

    BSP Tackles Aspects of Lending and Islamic, Open & Sustainable Finance

    The Central Bank of the Philippines (BSP) issued communications covering developments related to online lending platforms, open finance framework and roadmap, and on the expected regulations in the area sustainable finance.

    January 16, 2022 WebPage Regulatory News
    News

    US Agencies Issue Regulatory Updates, FDIC Launches Tech Sprint

    The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.

    January 13, 2022 WebPage Regulatory News
    News

    EBA Issues Guide on Bank Resolvability, Consults on Transferability

    The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).

    January 13, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 7903