BaFin published a consultation on changes to the "financial and risk-bearing capacity information regulation." The extension of the regulation through two registration forms in the newly added Annexes 25 and 26 is intended to support the national implementation of the EBA guidelines. The proposed changes are intended to support implementation of the EBA guidance on Internal Capital Adequacy Assessment Process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP) information collected for supervisory review and evaluation (SREP) and guidelines for managing the interest rate risk on banking book (IRRBB) transactions. This regulation is expected to be in force from July 01, 2020. The comment period on the consultation ends on August 31, 2019.
Related Links (in German)
Comment Due Date: August 31, 2019
Effective Date: July 01, 2020
Keywords: Europe, Germany, Banking, ICAAP, ILAAP, SREP, IRRBB, Risk-Bearing Capacity, EBA, BaFin
PRA published the policy statement PS14/20, which contains the supervisory statement SS1/20 and the feedback to responses to the consultation paper CP22/19 on expectations for investment by firms in accordance with the Prudent Person Principle, or PPP, as set out in the Investments Part of the PRA Rulebook.
EBA published an opinion following the notification by the French macro-prudential authority, the Haut Conseil de Stabilité Financière (HCSF), of its intention to extend a measure introduced in 2018 on the use of Article 458(9) of the Capital Requirements Regulation (CRR).
As part of a Research Bulletin on the recent policy-relevant work, ECB published an article that examines the lessons learned from past crises for nonperforming loan resolution in the post COVID-19 period.
RBNZ published the financial stability report for May 2020. This review of the financial system in the country highlights that the economic disruption associated with COVID-19 will present challenges to the financial system.
ECB updated the guidance notes for reporting related to the statistics on holdings of securities by reporting banking groups (SHSG).
ECB published results of the financial stability review in May 2020. Among other issues, the financial stability review assesses operations of the financial system so far during the COVID-19 pandemic.
Financial policymakers and international standard-setters met virtually with private-sector executives to discuss international policy responses to COVID-19 pandemic.
ESMA published a letter responding to IASB on the exposure draft on the phase 2 of the interest rate benchmark reform.
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.
EBA published thematic note presenting a preliminary assessment of the impact of COVID-19 outbreak on the banking sector in EU.