EBA Updates Public Entity List for Calculation of Capital Requirements
EBA published an updated list of regional governments and local authorities that may be treated as central governments for the calculation of capital requirements, in accordance with the EU Capital Requirements Regulation (CRR). Compared to the last published version, the list includes changes to the regional governments and local authorities in Finland.
The list includes the regional governments and local authorities that are treated as central governments under the standardized approach due to their reduced risk level. Consequently, exposures to the regional governments and local authorities included in the list will qualify for the same risk-weight as their respective central government. The list is compiled using the information provided by the competent authorities and is based on the classification used in each country. The approaches and eligibility criteria for regional governments and local authorities, therefore, differ from country to country in many cases. EBA compiles the list to supplement the requirements set out in Article 115 of the CRR, which specifies the treatment of exposures to regional governments and local authorities across the EU, using the standardized approach.
Related Links
Keywords: Europe, EU, Banking, Standardized Approach, Public Sector Entities, Capital Requirements, CRR, EBA
Previous Article
Andreas Dombret of Bundesbank Examines Future of US-EU RelationsRelated Articles
EBA Updates List of Validation Rules for Reporting by Banks
EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.
EBA Responds to EC Call for Advice to Strengthen AML/CFT Framework
EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).
NGFS Advocates Environmental Risk Analysis for Financial Sector
NGFS published a paper on the overview of environmental risk analysis by financial institutions and an occasional paper on the case studies on environmental risk analysis methodologies.
MAS Issues Guidelines to Promote Senior Management Accountability
MAS published the guidelines on individual accountability and conduct at financial institutions.
APRA Formalizes Capital Treatment and Reporting of COVID-19 Loans
APRA published final versions of the prudential standard APS 220 on credit quality and the reporting standard ARS 923.2 on repayment deferrals.
SRB Chair Discusses Path to Harmonized Liquidation Regime for Banks
SRB published two articles, with one article discussing the framework in place to safeguard financial stability amid crisis and the other article outlining the path to a harmonized and predictable liquidation regime.
FSB Workshop Discusses Preliminary Findings of Too-Big-To-Fail Reforms
FSB hosted a virtual workshop as part of the consultation process for its evaluation of the too-big-to-fail reforms.
ECB Updates List of Supervised Entities in EU in September 2020
ECB updated the list of supervised entities in EU, with the number of significant supervised entities being 115.
OSFI Identifies Focus Areas to Strengthen Third-Party Risk Management
OSFI published the key findings of a study on third-party risk management.
FSB Extends Implementation Timeline for Framework on SFTs
FSB is extending the implementation timeline, by one year, for the minimum haircut standards for non-centrally cleared securities financing transactions or SFTs.
