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 has published a circular that sets out the regulatory and reporting treatment for loans that participating authorized institutions may grant to eligible borrowers under the 100% Personal Loan Guarantee Scheme.
ECB published the results of the assessment of internal models that banks use to calculate risk-weighted assets for credit, market, and counterparty credit risks.
PRA published a statement on the regulatory treatment of retail residential mortgage loans under the Mortgage Guarantee Scheme, or MGS.
FCA is consulting, via CP21/7, on the second phase of proposed rules to introduce the UK Investment Firm Prudential Regime (IFPR).
HM Treasury and BoE announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential central bank digital currency in UK.
EIOPA published an opinion to set out its expectations on the supervision of the integration of climate change risk scenarios by insurers in their Own Risk and Solvency Assessment (ORSA).
EC published the Implementing Regulation 2021/622 that lays down implementing technical standards for reporting of the minimum requirement for own funds and eligible liabilities (MREL).
BCBS has set out the strategic work priorities, as part of its the work program for 2021-22.
Bundesbank published two circulars on AnaCredit reporting requirements. Circular 27/2021 covers changes to the reporting of branches, additional attributes to be reported for investment funds from August 01, 2021, and updates to the list of international organizations.
PRA published the policy statement PS8/21, which contains the final supervisory statement SS3/21 on the PRA approach to supervision of the new and growing non-systemic banks in UK.