DNB issued the banking and insurance newsletters for January 2019. The banking newsletter highlights that the Basel Committee published the revised market risk framework. The insurance newsletter features an interview with Olaf Sleijpen, DNB division director Supervision Insurers, highlighting that insurers must respond well to changes related to economic environment, new risks, and customer needs.
As part of the other key highlights of the newsletters, DNB:
- Expects banks to pay more attention to the management of climate-related risks
- Examines the applications of artificial intelligence within the Dutch banking system and their implications for risk management, governance, regulation, and supervision
- Mentions recent publications by ECB, EBA, EC, and other international forums
- Asks non-life insurers to better substantiate their choices when purchasing the reinsurance program
- Published the final question and answer (Q&A) on guarantees in purchase agreements
- Updated calendars for banks and insurers
- Banking Newsletter (in Dutch)
- Insurance Newsletter (in Dutch)
- Banking Calendar (PDF in English)
- Insurance Calendar (PDF in Dutch)
Keywords: Europe, Netherlands, Banking, Insurance, Newsletter, QIS Calendar, Basel, Market Risk, DNB
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HKMA is consulting on revisions to the Supervisory Policy Manual module CR-G-14 on margin and other risk mitigation standards for non-centrally cleared over-the-counter (OTC) derivatives transactions.
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HKMA announced the publication of a report on fintech adoption and innovation in the banking industry in Hong Kong.
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ECB launched consultation on a guide specifying how the Banking Supervision expects banks to consider climate-related and environmental risks in their governance and risk management frameworks and when formulating and implementing their business strategy.
ECB published an opinion (CON/2020/16) on amendments to the prudential framework in EU in response to the COVID-19 pandemic.
EBA published a report that examines the interlinkages between recovery and resolution planning under the Bank Recovery and Resolution Directive (BRRD).
SRB published the final Minimum Requirements for Own Funds and Eligible Liabilities (MREL) policy under the Banking Package.
US Agencies (FDIC, FED, and OCC) published a final rule that makes technical changes to the March 31, 2020 interim final rule that provides a five-year transition period for the impact of the current expected credit loss (CECL) methodology on regulatory capital.
ECB published results of the March 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter (OTC) derivatives markets.