ACPR Notice on Method for Calculating Prudential Ratios Under CRD IV
ACPR published a notice on "procedures for calculating and publishing prudential ratios in the framework of Capital Requirements Directive (CRD) IV." This notice indicated how ACPR intends to monitor compliance with the relevant regulations. This notice is of an explanatory nature and can not take precedence over the provisions of the applicable regulations.
CRD IV contains a number of national options and discretion to allow the adaptation of European rules to the specificities of each national market for measures of general scope or to the specificities of each institution or group for individual measures. The purpose of the notice is to clarify the rules applicable to credit institutions, investment firms, financing companies, third-country branches, and financial holding companies, without prejudice to the positions taken by ECB. ACPR intends, in principle, to act on the basis of the explanations in a proportionate manner, while taking into account the recommendations, decisions, and other requirements of ECB, in its role as supervisor. The notice specifies the positions of ACPR related to the provisions left to the discretion of the competent authorities and informs the relevant persons of the opinions of ACPR regarding the treatment to be reserved for the specificities of the French market. This 2019 notice, which was adopted by the College of the ACPR on July 12, 2019, replaces the previous version entitled "Procedures for calculating the solvency ratio - 2018" on the day after its publication in the official register of the ACPR.
Related Links (in French)
Keywords: Europe, France, Banking, CRD IV, CRR, Options and Discretions, Pillar 1, Basel III, ACPR
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Patrycja Oleksza
Applies proficiency and knowledge to regulatory capital and reporting analysis and coordinates business and product strategies in the banking technology area
Previous Article
FASB Issues Q&A on Estimating Credit Loss ReservesRelated Articles
BIS Report Notes Existing Gaps in Climate Risk Data at Central Banks
A Consultative Group on Risk Management (CGRM) at the Bank for International Settlements (BIS) published a report that examines incorporation of climate risks into the international reserve management framework.
EBA Examines Remuneration Data and Use of Large Exposure Exemptions
The European Banking Authority (EBA) published a report that examines the use of certain exemptions included in the large exposures regime under the Capital Requirements Regulation (CRR).
BoE Issues Update on Ongoing Data Transformation Program
The Bank of England (BoE) issued a communication to firms to provide an update on the progress of the joint data transformation program—which is being led by BoE, the Financial Conduct Authority (FCA), and the industry—for the financial sector in UK.
EBA Issues Draft Methodology and Templates for 2023 Stress Tests
The European Banking Authority (EBA) published the draft methodology, templates, and template guidance for the European Union-wide stress test in 2023.
EBA Issues SREP Guidelines and Standards for Investment Firms
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) jointly published the final guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) for investment firms.
BoE and PRA Publish Regulatory Updates for Financial Sector Entities
The Prudential Regulatory Authority (PRA) proposed expectations, via CP8/22, in respect of changes to the instruments or claims that comprise unvested deferred sums awarded to material risk-takers as part of their variable pay.
EIOPA Issues Taxonomy for Solvency II Reporting, Issues Other Updates
The European Insurance and Occupational Pensions Authority (EIOPA) published Version 2.7.0 of the Solvency II data point model (DPM) and XBRL taxonomy.
OSFI Updates Address BCAR Reporting, Basel Reforms, and Cyber Risk
The Office of the Superintendent of Financial Institutions (OSFI) updated the 2023 Basel Capital Adequacy Reporting (BCAR) manual as well as the 2023 BCAR return.
FSB Report Outlines Progress on Climate Risk Roadmap
In a letter to the G20 Leaders, ahead of the July 2022 meeting, the Financial Stability Board (FSB) Chair set out an overview of the key work done by FSB.
SRB Issues Resolvability Assessment and Bail-in Implementation Guide
The Single Resolution Board (SRB) published its resolvability assessment and "heat map" for 2021, updated the operational guidance on implementation of bail-in tool, and issued the annual report for 2021.
