Featured Product

    German Regulators Issue Updates for Financial Sector Entities

    March 04, 2022

    German regulatory authorities published the frequently asked questions on the Risk-bearing Capacity Information Ordinance, a consultation on external bail-in implementation, and a report that sets out risk BaFin will focus on addressing in 2022.

    Below are the key details of the recent updates:

    • Deutsche Bundesbank published the frequently asked questions about reporting risk-bearing capacity information, in accordance with the Financial and Risk-bearing Capacity Information Ordinance (FinaRisikoV).
    • The Federal Financial Supervisory Authority of Germany (BaFin) launched the Consultation 01/2022 that sets out the revisions with respect to the external bail-in implementation in Germany, with the comment period ending on April 15, 2022. 
    • The “Risks in BaFin’s Focus” report from BaFin identifies six key risks to the financial sector in Germany and informs that BaFin intends to deal with these risks in 2022. These six risks are risks caused by the low interest rate environment, risks caused by corrections on the real estate markets, risks caused by significant corrections on the international financial markets, risks caused by corporate loan defaults, cyber risks, and risks caused by inadequate money laundering prevention. In the report, BaFin outlines its assessment of the current risk situation and explains the steps it is taking to mitigate the risks to the financial markets. In doing so, it intends to make progress toward its medium-term objectives for 2022 to 2025. 

     

    Related Links (in German)

     

    Keywords: Europe, Germany, Banking, Reporting, Bail-in, Resolution Framework, Cyber Risk, Credit Risk, FAQ, BaFin, Bundesbank

    Featured Experts
    Related Articles
    News

    EU Agencies Update LCR Rule and Macro-Prudential Policy Recommendation

    The European Commission (EC) published the Delegated Regulation 2022/786 with regard to the liquidity coverage requirements for credit institutions under the Capital Requirements Regulation (CRR).

    May 23, 2022 WebPage Regulatory News
    News

    EBA Publishes Regulatory Standards to Identify Shadow Banking Entities

    The European Banking Authority (EBA) published the final draft regulatory technical standards specifying the criteria to identify shadow banking entities for the purposes of reporting large exposures.

    May 23, 2022 WebPage Regulatory News
    News

    EIOPA Examines Physical Climate Risk Exposure, SII Non-Compliance

    The European Insurance and Occupational Pensions Authority (EIOPA) published a report assessing insurers' exposure to physical climate change risks

    May 20, 2022 WebPage Regulatory News
    News

    NGFS Report Explores Quantification of Climate Risk Differentials

    The Network for Greening the Financial System (NGFS) published two reports to aid central banks and regulators in their oversight of the financial sector and in their central bank operations

    May 19, 2022 WebPage Regulatory News
    News

    EC Publishes Results on Review of Web Accessibility Directive

    The European Commission (EC) published the results of a public consultation, held in October 2021, on the review of the Web Accessibility Directive.

    May 19, 2022 WebPage Regulatory News
    News

    MAS Consults on Adjustment Spreads for Conversion of SOR Contracts

    The Monetary Authority of Singapore (MAS) and the SC-STS are jointly consulting, until June 10, 2022, on setting adjustment spreads for the conversion of legacy SOR contracts to SORA reference rate.

    May 18, 2022 WebPage Regulatory News
    News

    OSFI Discusses Benchmark Rate Transition, Sets Out Work Priorities

    The Office of the Superintendent of Financial Institutions (OSFI) published the strategic plan for 2022-2025 and the departmental plan for 2022-23.

    May 17, 2022 WebPage Regulatory News
    News

    EBA Proposes Standards to Support Secondary NPL Markets

    The European Banking Authority (EBA) is consulting, until August 31, 2022, on the draft implementing technical standards specifying requirements for the information that sellers of non-performing loans (NPLs) shall provide to prospective buyers.

    May 17, 2022 WebPage Regulatory News
    News

    EU Confirms Agreement on Rules on Cybersecurity and Banking Resolution

    The European Council and the Parliament reached an agreement on the revised Directive on security of network and information systems (NIS2 Directive).

    May 13, 2022 WebPage Regulatory News
    News

    EBA Issues Standards for Crowdfunding Service Providers Under ECSPR

    The European Banking Authority (EBA) published the final draft regulatory technical standards specifying information that crowdfunding service providers shall provide to investors on the calculation of credit scores and prices of crowdfunding offers.

    May 13, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8206