Featured Product

    FSB Issues Public Responses to Proposals on Resolution Planning

    February 27, 2018

    FSB issued public responses to the consultations on two proposals for guidance on the implementation of particular aspects of its Key Attributes of Effective Resolution Regimes for global systemically important banks (G-SIBs). The two subjects of consultation constituted principles on bail-in execution and funding strategy elements of an implementable resolution plan. The consultations ran from November 30, 2017 to February 02, 2018.

    Responses to Consultation on Principles on Bail-in Execution. The consultative document on principles on bail-in execution proposed a set of principles to assist authorities as they make G-SIB bail-in resolution strategies operational. The consultation received responses from Association of Supervisors of Banks of the Americas (ASBA); CNMV Advisory Committee; Credit Suisse; European Banking Federation; European Financial Congress; Institute of International Finance (IIF), Global Financial Markets Association (GFMA), and The Clearing House (TCH); Japanese Bankers Association; Standard Bank Group; and World Council of Credit Unions.

    Responses to Consultation on Funding Strategy Elements of an Implementable Resolution Plan. The consultative document on funding strategy elements of an implementable resolution plan proposed guidance on the development of a plan for funding in resolution. The published responses included responses from ASBA; CLS Bank International; Credit Suisse; European Banking Federation; European Financial Congress; Polish Bank Association; TCH, GFMA, and IIF; and the World Council of Credit Unions.


    Related Links

    Keywords: International, Banking, Resolution Planning, Bail-in, G-SIB, Responses to Consultation, FSB

    Related Articles
    News

    FDIC Releases Economic Scenarios for Stress Testing in 2020

    FDIC released the hypothetical economic scenarios for use in the upcoming stress tests for covered institutions with total consolidated assets of more than USD 250 billion.

    February 14, 2020 WebPage Regulatory News
    News

    EBA Acknowledges EC Adoption of Amended Supervisory Reporting Standard

    EBA acknowledged the adoption, by EC, of an Implementing Act with regard to the common reporting (COREP) and financial reporting (FINREP) changes, in accordance with the Capital Requirements Regulation or CRR.

    February 14, 2020 WebPage Regulatory News
    News

    APRA and ASIC Welcome Proposed Reforms for Superannuation Sector

    APRA and the Australian Securities and Investments Commission (ASIC) have jointly welcomed the proposed legislative reforms increasing the role of ASIC in the superannuation sector.

    February 14, 2020 WebPage Regulatory News
    News

    ESMA Responds to EC Consultation on Review of Benchmarks Regulation

    ESMA published its response to EC consultation on review of the Benchmarks Regulation in EU.

    February 14, 2020 WebPage Regulatory News
    News

    ISDA Guide on Smart Contracts for Equity and Interest Rate Derivatives

    ISDA has published the fourth and fifth installments in a series of legal guidelines for smart derivatives contracts.

    February 13, 2020 WebPage Regulatory News
    News

    FED Paper Describes FLARE, A Top-Down Model for Stress Testing

    FED published a technical paper that describes the Forward-Looking Analysis of Risk Events (FLARE) model.

    February 13, 2020 WebPage Regulatory News
    News

    EC Rule Updates Data for Calculations Under Solvency II Reporting

    EC published the Implementing Regulation 2020/193, which lays down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from December 31, 2019 to March 30, 2020, in accordance with the Solvency II Directive (2009/138/EC).

    February 13, 2020 WebPage Regulatory News
    News

    EIOPA Publishes Supervisory Convergence Plan and Suptech Strategy

    EIOPA published the strategies for cyber underwriting and supervisory technology (suptech), in response to the evolving insurance landscape.

    February 12, 2020 WebPage Regulatory News
    News

    EBA Proposes Guide on Sectoral Exposures to Apply Systemic Risk Buffer

    EBA launched a consultation on the guidelines on appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer (SyRB), in accordance with the Capital Requirements Directive (CRD).

    February 12, 2020 WebPage Regulatory News
    News

    ISDA Paper Outlines Developments on Risk-Free Rate Adoption in 2020

    ISDA published a research paper that examines several major upcoming developments on the adoption of risk-free rates in 2020.

    February 12, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 4676