PRA published an update to Versions 01.05 and 02.03 of the PRA110 liquidity metric monitor tool (PRA110 LMM tool). The update follows the feedback received on Versions 01.04 and 02.02. Version 02.03 corresponds to the PRA110 template that came into effect on January 01, 2020 while Version 01.05 is built on the template that came into effect prior to January 01, 2020.
PRA announced that it does not intend to routinely publish further updates of the PRA110 LMM tool using the pre-January 2020 taxonomy. The PRA110 LMM tool is intended to assist firms in the same way as the LMM for FSA047 and FSA048. PRA110 LMM tool is for information only and must not be used to submit regulatory returns. This tool is designed to demonstrate certain metrics that are calculated using information from PRA110.
Keywords: Europe, UK, Banking, PRA110, PRA110 LMM Tool, Reporting, Liquidity Risk, LCR, FSA047, FSA048, PRA
Previous ArticleOCC Proposes to Eliminate Unnecessary Licensing Requirements
The three European Supervisory Authorities (ESAs) issued a letter to inform about delay in the Sustainable Finance Disclosure Regulation (SFDR) mandate, along with a Call for Evidence on greenwashing practices.
The International Sustainability Standards Board (ISSB) of the IFRS Foundations made several announcements at COP27 and with respect to its work on the sustainability standards.
The International Organization for Securities Commissions (IOSCO), at COP27, outlined the regulatory priorities for sustainability disclosures, mitigation of greenwashing, and promotion of integrity in carbon markets.
The European Banking Authority (EBA) issued a statement in the context of COP27, clarified the operationalization of intermediate EU parent undertakings (IPUs) of third-country groups
The Office of the Superintendent of Financial Institutions (OSFI) published an annual report on its activities, a report on forward-looking work.
The Australian Prudential Regulation Authority (APRA) finalized amendments to the capital framework, announced a review of the prudential framework for groups.
The Bank for International Settlements (BIS) Innovation Hubs and several central banks are working together on various central bank digital currency (CBDC) pilots.
The European Central Bank (ECB) published the results of its thematic review, which shows that banks are still far from adequately managing climate and environmental risks.
Among its recent publications, the European Banking Authority (EBA) published the final standards and guidelines on interest rate risk arising from non-trading book activities (IRRBB)
The European Commission (EC) recently adopted regulations with respect to the calculation of own funds requirements for market risk, the prudential treatment of global systemically important institutions (G-SIIs)