Featured Product

    ACPR Notice on Method for Calculating Prudential Ratios Under CRD IV

    July 12, 2019

    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
    Related Articles
    News

    PRA Letter Sets Out Findings on Reliability of Regulatory Reporting

    PRA published a "Dear CEO" letter that sets out findings of a review on the reliability of regulatory reporting and reiterates the supervisory expectations on regulatory reporting.

    September 10, 2021 WebPage Regulatory News
    News

    APRA Connect to Go Live; APRA to Reduce Reliance on CLF

    The Australian Prudential Regulation Authority (APRA) confirmed that its new data collection solution APRA Connect will go live on September 13, 2021.

    September 10, 2021 WebPage Regulatory News
    News

    FED Paper Explores Fintech Partnership Dynamics in Community Banks

    The Federal Reserve System (FED) published a paper describing the landscape of partnerships between community banks and fintech companies.

    September 09, 2021 WebPage Regulatory News
    News

    FDIC Selects Four Vendors for Next Phase of Rapid Prototyping Pilot

    The Federal Deposit Insurance Corporation (FDIC) has chosen four companies—Novantas Inc, Palantir Technologies Inc, PeerIQ, and S&P Global Market Intelligence LLC—to propose a pilot consisting of testing new reporting and analytical tools with a small group of FDIC-supervised institutions on a voluntary basis.

    September 09, 2021 WebPage Regulatory News
    News

    PRA Consults on Requirements to Identify Material Risk-Takers

    The Prudential Regulatory Authority (PRA), via the consultation paper CP18/21, proposed changes to the applicable requirements on the identification of material risk-takers for the purposes of the remuneration regime.

    September 08, 2021 WebPage Regulatory News
    News

    ESA Report Points to Elevated Credit and Cyber Risks in Wake of Crisis

    The Joint Committee of European Supervisory Authorities (ESAs) published its second 2021 joint risk assessment report for the financial sector.

    September 08, 2021 WebPage Regulatory News
    News

    IOSCO on Compliance of Credit-Sensitive Rate with Benchmark Principles

    The International Organization of Securities Commissions (IOSCO) published a statement reiterating the importance of continued transition to robust alternative financial benchmarks—that is, risk-free rates—to mitigate potential risks arising from the cessation of LIBOR, including the USD LIBOR.

    September 08, 2021 WebPage Regulatory News
    News

    FED Proposes Revisions to FR Y-9 Reports

    The Board of Governors of the Federal Reserve System (FED) proposed revisions and three-year extension of the FRY-9 reports on financial statements for holding companies (OMB Control Number 7100-0128).

    September 08, 2021 WebPage Regulatory News
    News

    SRB Chair Discusses Improving Resolution Framework for Mid-Size Banks

    The Single Resolution Board (SRB) Chair, Elke König, published an article on improving the resolution framework for medium-size banks.

    September 08, 2021 WebPage Regulatory News
    News

    ACPR Issues Update on Reporting with Legal Entity Identifier

    The French Prudential Control and Resolution Authority (ACPR) announced that the testing environment for the ACPR information system and the OneGate portal will be available to receive test reports with the Legal Entity Identifier (LEI) from September 08, 2021.

    September 07, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7456