Featured Product

    BoE Proposes to Discontinue Collection of Form VP

    October 15, 2019

    BoE, in its Statistical Notice 2019/04, is proposing to discontinue the collection of Form VP, with the end of September 2019 reporting being the last reporting period. Form VP is used to collect data on UK monetary financial institutions’ securitization special purpose vehicles (SPVs) and covered bond limited liability partnerships (LLPs). The discontinuation of this collection will mean that the Securitization SPV and Covered Bond LLP lists will no longer be updated, but the current lists will continue to be accessible on the website. BoE is seeking views of reporters by the end of November before a final decision is made.

    The Statistical Notice also points out that the applicable ratio for the next adjustment to Cash Ratio Deposits (CRDs), due on December 02, 2019, will be published on the BoE website on November 20, 2019. BoE will issue call notices to CRD payers (which will include this revised CRD ratio) shortly thereafter. CRDs are non-interest bearing deposits lodged with BoE by eligible institutions (that is, banks and building societies), who have reported average eligible liabilities in excess of GBP 600 million over a six-month calculation period. The level of each institution’s CRD is calculated twice yearly (in May and November). The deadline for revisions to eligible liabilities to be reflected in the December adjustment is November 18, 2019.

     

    Related Links

    Keywords: Europe, UK, Banking, Securities, Statistical Notice, Data Collection, Securitization, Form VP, Reporting, Statistics, Special Purpose Vehicle, BoE

    Featured Experts
    Related Articles
    News

    EC Delegated Regulation on Specialized Lending Exposures Under CRR

    EC finalized the Delegated Regulation 2021/598 that supplements the Capital Requirements Regulation (CRR or 575/2013) and lays out the regulatory technical standards for assigning risk-weights to specialized lending exposures.

    April 14, 2021 WebPage Regulatory News
    News

    OSFI Consults on Minimum Qualifying Rate for Uninsured Mortgages

    OSFI is proposing new minimum qualifying rate for uninsured mortgages under the Guideline B-20.

    April 13, 2021 WebPage Regulatory News
    News

    ECB Updates List of Supervised Entities in EU in April 2021

    ECB updated the list of supervised entities in EU, with the number of significant supervised entities amounting to 115 as of the March 01, 2021 cut-off date.

    April 12, 2021 WebPage Regulatory News
    News

    OSFI Issues Letter on ICAAP Submission and Internal Audit of BCAR

    OSFI issued a letter to confirm that a formal Internal Capital Adequacy Assessment Process (ICAAP) submission is not required in 2021.

    April 12, 2021 WebPage Regulatory News
    News

    EC Agrees to Prolong Scheme to Support NPL Reduction at Greek Banks

    EC has approved the prolongation of an existing Greek scheme aiming to support the reduction of nonperforming loans, or NPLs, of Greek banks on the basis that it remains free of any State aid.

    April 09, 2021 WebPage Regulatory News
    News

    EIOPA Study Examines Internal Model Market and Credit Risks Under SII

    EIOPA published a report presenting the results of its yearly study on the internal modeling of market and credit risks under the Solvency II Directive, also known as SII.

    April 09, 2021 WebPage Regulatory News
    News

    ESMA Issues Notification Templates for STS Synthetic Securitizations

    ESMA published the interim simple, transparent, and standardized (STS) notification templates for synthetic securitizations, post the recent amendments to the Securitization Regulation.

    April 09, 2021 WebPage Regulatory News
    News

    EBA Issues Erratum for Phase 2 Package of Reporting Framework 3.0

    EBA published an erratum for the technical package on phase 2 of the reporting framework 3.0.

    April 08, 2021 WebPage Regulatory News
    News

    EBA Updates Lists of Entities for Use in Capital Calculations under SA

    EBA published an erratum for the technical package on phase 2 of the reporting framework 3.0.

    April 08, 2021 WebPage Regulatory News
    News

    FED Proposes to Automate Bank Stock Adjustment Using Call Report Data

    FED published a proposal to automate non-merger-related adjustments to member banks' subscriptions to Federal Reserve Bank capital stock.

    April 08, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6835