The EBA Single Rulebook question and answer (Q&A) tool updates for this month include answers to 32 questions. The answers cover queries on supervisory reporting and own funds requirements under the Capital Requirements Directive and Regulation. The update also answers queries on various aspects of the second Payment Services Directive (PSD2), including fraud reporting.
The overall objective of the Q&A tool is to ensure consistent and effective application of the new regulatory framework across the Single Market. Institutions, supervisors, and other stakeholders can use the Single Rulebook Q&A tool for submitting questions on certain EU regulations and directives. These regulations and directives include the revised Capital Requirements Directive 5 (CRD 5), Capital Requirements Regulation (CRR) 2, the revised Bank Recovery and Resolution Directive (BRRD 2), the Securitization Regulation, Deposit Guarantee Schemes Directive (DGSD), the Mortgage Credit Directive (MCD), PSD 2, Wire Transfer Regulation (WTR), and Anti-Money-Laundering (AML) Directive among others, and the related technical standards that EBA has developed and adopted.
Related Link: Single Rulebook Q&A
Keywords: Europe, EU, Banking, Single Rulebook, Q&A, PSD2, Reporting, Basel, Regulatory Capital, CRR, EBA
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The Hong Kong Monetary Authority (HKMA) revised the Supervisory Policy Manual module CG-5 that sets out guidelines on a sound remuneration system for authorized institutions.
The European Banking Authority (EBA) published the final guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate parent undertakings in European Union (EU), as laid down in the Capital Requirements Directive (CRD).
In a recent Market Notice, the Bank of England (BoE) confirmed that green gilts will have equivalent eligibility to existing gilts in its market operations.
The Financial Conduct Authority (FCA) published the policy statement PS21/9 on implementation of the Investment Firms Prudential Regime.
The European Banking Authority (EBA) proposed regulatory technical standards that set out criteria for identifying shadow banking entities for the purpose of reporting large exposures.
The Board of the International Organization of Securities Commissions (IOSCO) proposed a set of recommendations on the environmental, social, and governance (ESG) ratings and data providers.
The European Securities and Markets Authority (ESMA) published recommendations from the Working Group on Euro Risk-Free Rates (RFR) on the switch to risk-free rates in the interdealer market.
The European Central Bank (ECB) published a paper as well as an article in the July Macroprudential Bulletin, both of which offer insights on the assessment of the impact of Basel III finalization package on the euro area.
The International Swaps and Derivatives Association (ISDA) published a paper that explores the impact of the Fundamental Review of the Trading Book (FRTB) on the trading of carbon certificates.
The Prudential Regulation Authority (PRA) published the remuneration policy self-assessment templates and tables on strengthening accountability.