BaFin and DNB have announced extension of the application of the relief measure on leverage ratio to the smaller banks under their direct supervision until March 31, 2022. This follows the ECB statement dated June 18, 2021, in which ECB confirmed that continued “exceptional circumstances” allow for the extension of the temporary exclusion of certain central bank exposures from the leverage ratio calculation; these exposures include euro-denominated coins and banknotes as well certain deposits held at the central bank in minimum reserve accounts. These institutions will, however, be subject to a partially higher leverage ratio requirement, to offset the exclusion of the central bank reserves they hold under "normal" circumstances, as set out in the Capital Requirements Regulation (CRR). BaFin also published a frequently asked question regarding this temporary exclusion.
Keywords: Europe, Netherlands, Germany, Banking, Leverage Ratio, COVID-19, Basel, CRR Regulatory Capital, ECB, BaFin, DNB
Next ArticleBundesbank Publishes Reporting Updates in June 2021
The Bank for International Settlements (BIS) published a paper that studies impact of fintech lending on credit access for small businesses in U.S.
The Prudential Regulation Authority (PRA) issued the policy statement PS8/22 to amend the Own Funds and Eligible Liabilities (CRR) Part of the PRA Rulebook and update the supervisory statement SS7/13 titled "Definition of capital (CRR firms).
The European Banking Authority (EBA) launched the EU-wide transparency exercise for 2022, with results of the exercise expected to be published at the beginning of December, along with the annual Risk Assessment Report.
The Single Resolution Board (SRB) welcomed the adoption of the review of the Capital Requirements Regulation, or CRR, also known as the "CRR quick-fix."
The European Commission (EC) recently adopted the Delegated Regulation 2022/1622, which sets out the regulatory technical standards to specify the countries that constitute advanced economies for the purpose of specifying risk-weights for the sensitivities to equity.
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying and, where relevant, calibrating the minimum performance-related triggers for simple.
The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.
The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).
The Monetary Authority of Singapore (MAS) set out the Financial Services Industry Transformation Map 2025 and, in collaboration with the SGX Group, launched ESGenome.
The Basel Committee on Banking Supervision met, shortly after a gathering of the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of BCBS.