Featured Product

    EBA Report on Implementation of Guidelines on DGS Calculation Methods

    January 17, 2018

    EBA published a report on the implementation of the guidelines on methods for calculating contributions to deposit guarantee schemes (DGSs). The report assesses authorities' compliance with the principles outlined in the EBA guidelines. The report concludes that the guidelines on methods for calculating contributions to DGSs have broadly met their aims but they would need to be reviewed in the future. Further analysis and greater experience of the risk-based systems in use is needed before proposing any changes to the current guidelines.

    The EBA analysis shows that the guidelines have broadly met the aim of introducing different contribution levels for institutions according to their riskiness. However, the analysis also finds that the method outlined in the guidelines, and currently in use, allows too much flexibility, and it may need to be reviewed in the future to ensure a more consistent approach, while still catering for national specificities. The report also highlights that the approach taken by member states in line with the guidelines seems to ensure a good level of transparency to stakeholders and not to cause excessive additional reporting requirements. Therefore, at present, there does not appear to be a specific need for amending the guidelines. However, further ideas in the way information is disclosed to the contributing institutions may be considered in the future. The data only covers one year of risk-based contributions based on the method outlined in the guidelines.

     

    Related Links

    Keywords: Europe, EU, Banking, DGS, DGS Contributions, Calculation Methods, EBA

    Related Articles
    News

    FASB Proposes Taxonomy Changes Related to Topics 848 and 470

    FASB proposed taxonomy improvements for the proposed Accounting Standards Update on topic 848 on facilitation of effects of reference rate reform on financial reporting.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Statement on Recalculating Transitional Measures Under Solvency II

    BoE notified that it will be willing to accept applications from firms to recalculate transitional measure on technical provisions (TMTP) as at September 30, 2019.

    September 16, 2019 WebPage Regulatory News
    News

    PRA Publishes Waiver by Consent of Continuity of Access Rules

    PRA published a new waiver by consent to waive the Continuity of Access requirements contained in the Depositor Protection Part of the PRA Rulebook (DPP).

    September 13, 2019 WebPage Regulatory News
    News

    EBA Single Rulebook Q&A: Second Update for September 2019

    EBA updated the Single Rulebook question and answer (Q&A) tool with answers to three questions.

    September 13, 2019 WebPage Regulatory News
    News

    BoE Paper on Market-Implied Systemic Risk and Shadow Capital Adequacy

    BoE published a working paper that presents a forward-looking approach to measure systemic solvency risk.

    September 13, 2019 WebPage Regulatory News
    News

    HKMA Consults on Policy Module on Pillar 2 Supervisory Review Process

    HKMA is consulting on the revised Supervisory Policy Manual module CA-G-5 that sets out the HKMA approach to conducting the supervisory review process under Pillar 2.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Revises Branch Return and Updates Guidance for Regulatory Reports

    PRA published the policy statement PS17/19, which contains the final policy related to changes in the format and content of the Branch Return Form and reporting guidance.

    September 12, 2019 WebPage Regulatory News
    News

    ESA Report Highlights Risks of No-Deal Brexit in EU Financial System

    ESAs published a Joint Committee report on risks and vulnerabilities in the EU financial system.

    September 12, 2019 WebPage Regulatory News
    News

    ECB Modifies New Targeted Longer-Term Refinancing Operations

    The Governing Council of ECB decided to modify some of the key parameters of the third series of targeted longer-term refinancing operations (TLTRO III) to preserve favorable bank lending conditions (Decision (EU) 2019/1558).

    September 12, 2019 WebPage Regulatory News
    News

    ECB Publishes Version 1.5 of AnaCredit Validation Checks

    ECB published Version 1.5 of the AnaCredit validation checks.

    September 12, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3819