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

    APRA Issues Interim Update to Policy Priorities for 2021 and Beyond

    In a letter addressed to the industry, the Australian Prudential Regulation Authority (APRA) set out an updated schedule of policy priorities for the banking, insurance, and superannuation industries.

    September 24, 2021 WebPage Regulatory News
    News

    EC Adopts Solvency II and Resolution Rules Package for Insurers

    The European Commission (EC) adopted a comprehensive review package of Solvency II rules in the European Union.

    September 22, 2021 WebPage Regulatory News
    News

    OCC Issues Booklets on Regulatory Reporting and Earnings

    The Office of the Comptroller of the Currency (OCC) issued Versions 1.0 of the "Earnings" and "Regulatory Reporting" booklets of the Comptroller's Handbook.

    September 22, 2021 WebPage Regulatory News
    News

    ECB Sets Out Results of Economy-Wide Climate Stress Tests

    The European Central Bank (ECB) published results of its economy-wide climate stress test, which aimed to assess the resilience of non-financial corporates and euro area banks to climate risks.

    September 22, 2021 WebPage Regulatory News
    News

    EBA Examines Implications of Increasing Use of Digital Platforms in EU

    The European Banking Authority (EBA) published a report on the use of digital platforms in the banking and payments sector in European Union.

    September 21, 2021 WebPage Regulatory News
    News

    HKMA Issues Updates on Policy Measures Intended to Ease COVID Impact

    The Hong Kong Monetary Authority (HKMA) published updates on the policy measures that were announced in context of the ongoing pandemic.

    September 21, 2021 WebPage Regulatory News
    News

    ISDA Responds to BCBS Proposal on Treatment of Cryptoasset Exposures

    The International Swaps and Derivatives Association (ISDA), along with several other associations, submitted a joint response to the Basel Committee on Banking Supervision (BCBS) consultation on preliminary proposals for the prudential treatment of cryptoasset exposures.

    September 21, 2021 WebPage Regulatory News
    News

    BIS Quarterly Review Discusses Developments in Fintech and ESG Space

    BIS published the September issue of the Quarterly Review, which contains special features that analyze the rapid rise in equity funding for financial technology firms, the effectiveness of policy measures in response to pandemic, and the evolution of international banking.

    September 20, 2021 WebPage Regulatory News
    News

    BCBS to Consult on Supervisory Practices for Climate Risks by Year-End

    The Basel Committee for Banking Supervision (BCBS) met in September 2021 and reviewed climate-related financial risks, discussed impact of digitalization, and welcomed efforts by the International Financial Reporting Standards (IFRS) Foundation to develop a common set of sustainability reporting standards

    September 20, 2021 WebPage Regulatory News
    News

    OCC Identifies Operational Risk Deficiencies in MUFG Union Bank

    The Office of the Comptroller of the Currency (OCC) issued a Cease and Desist Order against MUFG Union Bank for deficiencies in technology and operational risk governance.

    September 20, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7494