EBA Publishes QIS Templates for Basel III Impact Assessment in EU
EBA released two sets of templates for use in the 2018 impact assessment of the finalized Basel III standards. These two sets of quantitative impact study (QIS) templates, which build on the Basel III regular monitoring templates, will ensure that the data collection burden is proportionate to the institution size and complexity. The exercise is targeted at banks under the Capital Requirements Directive and Regulation (CRD IV and CRR).
Following the Call for Advice from EC on the European impact and implementation of the revisions to the Basel III standards agreed by BCBS in December 2017, EBA launched, on August 13, 2018, a data collection exercise, which runs in parallel with Q2 2018 EBA-BCBS Basel III regular monitoring exercise. To ensure that this data collection, which covers a wider sample of institutions, remains proportionate to the size and complexity of each institution, EBA distributed two different types of QIS templates, which build on and expand the EBA-BCBS Basel III regular monitoring templates:
- The "full" template was distributed to all banks participating in the Q2 2018 EBA-BCBS monitoring exercise and to those banks that only participate in the Call for Advice data collection that are large (as defined by tier 1 capital higher than EUR 1.5 billion).
- The "reduced" template was distributed to banks participating only in the Call for Advice data collection that are medium or small (as defined by tier 1 capital equal or lower than EUR 1.5 billion).
Related Links
Keywords: Europe, EU, Banking, Basel III, QIS, Impact Assessment, QIS Templates, CRD IV, CRR, Proportionality, EBA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
ECON Report on PEPP Proposal Tabled for Plenary in ParliamentRelated Articles
FCA Consults on Regulation of International Firms in UK
FCA is consulting on its approach to the authorization and supervision of international firms operating in UK.
MAS Amends Notice on Capital Adequacy Requirements of Banks
MAS published amendments to Notice 637 on the risk-based capital adequacy requirements for reporting banks incorporated in Singapore.
FCA to Begin to Move Firms to New Data Collection Platform RegData
FCA announced that it will move firms to RegData from Gabriel in the coming months in stages, based on the reporting requirements of firms.
APRA Reviews Repayment Deferral Plans, Identifies Best Practices
APRA has concluded its review of the comprehensive plans of authorized deposit-taking institutions for the assessment and management of loans with repayment deferrals.
ESAs Assess Risks to Financial Sector After COVID-19 Outbreak
ESAs (EBA, EIOPA, and ESMA) published the first joint report that assesses risks in the financial sector since the outbreak of the COVID-19 pandemic.
BoE Confirms Withdrawal of COVID Corporate Financing Facility
BoE and HM Treasury confirmed that the COVID Corporate Financing Facility (CCFF) will close for new purchases of commercial paper, with effect from March 23, 2021.
ESAs Launch Survey on Templates for Product Disclosures Under SFDR
ESAs launched a survey seeking feedback on the presentational aspects of product templates under the Sustainable Finance Disclosure Regulation (SFDR or Regulation 2019/2088).
ECB Proposes Integrated Reporting Framework to Reduce Burden for Banks
ECB published input of the European System of Central Banks (ESCB) into the EBA feasibility report on reducing the reporting burden for banks in EU.
EC Deems UK Framework for CCPs Temporarily Equivalent to EMIR Rules
EC adopted a decision determining, for a limited period of time, that the regulatory framework applicable to central counterparties, or CCPs, in the UK and Northern Ireland is equivalent to the requirements laid down in the European Market Infrastructure Regulation (EMIR or Regulation 648/2012).
EBA to Phase Out Guidelines on Loan Repayment Moratoria
EBA has decided to phase out the guidelines on legislative and non-legislative moratoria of loan repayments, in accordance with the earlier specified end of September deadline.
