Featured Product

    DNB Publishes Banking and Insurance Newsletters for June 2019

    June 26, 2019

    DNB issued the banking and insurance newsletters for June 2019. The banking newsletter focuses on the new European regulatory package aimed to reduce the risks in the banking sector and to build in more proportionality. The regulatory package includes revisions to capital requirements regulation and directive (CRR/CRD), Banking Recovery and Resolution Directive (BRRD), and Single Resolution Mechanism Regulation (SRMR). DNB is also consulting on specific provisions related to CRD IV and CRR, which will run until August 01, 2019. The insurance newsletter highlights that DNB supports EIOPA in its evaluation of Solvency II.

    The following are the additional key highlights of the newsletters:

    • DNB amended its position on the independent functioning of the Supervisory Board on a number of points. 
    • DNB and Netherlands Authority for the Financial Markets (AFM) is consulting on changes related to a policy rule, following changes in national and European legislation and regulations. 
    • DNB has conducted an initial exploratory study into artificial intelligence and machine learning applications in lending at Dutch banks. With these applications, banks aim to automate parts of the lending process and to improve the functioning of the existing lending models. 
    • DNB published the definitive questions and answers (Q&A) on the recognition of reinsurance contracts under the standard formula and updated Q&A for health insurers on the prohibition of ancillary activities.
    • The newsletters contain updated calendars for banks and insurers.

     

    Related Links

    Keywords: Europe, Netherlands, Banking, Insurance, Newsletter, QIS Calender, CRR/CRD, BRRD, SRMR, Solvency II, NPLs, DNB

    Featured Experts
    Related Articles
    News

    FASB Proposes Taxonomy Changes Related to Topics 848 and 470

    FASB proposed taxonomy improvements for the proposed Accounting Standards Update on topic 848 on facilitation of effects of reference rate reform on financial reporting.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Statement on Recalculating Transitional Measures Under Solvency II

    BoE notified that it will be willing to accept applications from firms to recalculate transitional measure on technical provisions (TMTP) as at September 30, 2019.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Paper on Market-Implied Systemic Risk and Shadow Capital Adequacy

    BoE published a working paper that presents a forward-looking approach to measure systemic solvency risk.

    September 13, 2019 WebPage Regulatory News
    News

    HKMA Consults on Policy Module on Pillar 2 Supervisory Review Process

    HKMA is consulting on the revised Supervisory Policy Manual module CA-G-5 that sets out the HKMA approach to conducting the supervisory review process under Pillar 2.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Publishes Waiver by Consent of Continuity of Access Rules

    PRA published a new waiver by consent to waive the Continuity of Access requirements contained in the Depositor Protection Part of the PRA Rulebook (DPP).

    September 13, 2019 WebPage Regulatory News
    News

    EBA Single Rulebook Q&A: Second Update for September 2019

    EBA updated the Single Rulebook question and answer (Q&A) tool with answers to three questions.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Revises Branch Return and Updates Guidance for Regulatory Reports

    PRA published the policy statement PS17/19, which contains the final policy related to changes in the format and content of the Branch Return Form and reporting guidance.

    September 12, 2019 WebPage Regulatory News
    News

    ISDA Guide on Collateral Management Under Smart Derivatives Contracts

    ISDA published the third in a series of legal guidelines for smart derivatives contracts.

    September 12, 2019 WebPage Regulatory News
    News

    ESA Report Highlights Risks of No-Deal Brexit in EU Financial System

    ESAs published a Joint Committee report on risks and vulnerabilities in the EU financial system.

    September 12, 2019 WebPage Regulatory News
    News

    ECB Modifies New Targeted Longer-Term Refinancing Operations

    The Governing Council of ECB decided to modify some of the key parameters of the third series of targeted longer-term refinancing operations (TLTRO III) to preserve favorable bank lending conditions (Decision (EU) 2019/1558).

    September 12, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3819