The EBA Single Rulebook question and answer (Q&A) tool updates for this month include answers to 6 questions. The key covered topics relate to the application of credit risk and liquidity risk requirements under the Capital Requirements Regulation or CRR.
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), 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, Credit Risk, Liquidity Risk, CRR, Basel, EBA
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The European Insurance and Occupational Pensions Authority (EIOPA) published Version 2.8.0 of the Solvency II data point model (DPM) and XBRL taxonomy.
The European Union published, in the Official Journal of the European Union, an opinion from the European Economic and Social Committee (EESC); the opinion is on the proposal for a regulation to amend the Capital Requirements Regulation (CRR).
HM Treasury published a draft statutory instrument titled “The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2022,” along with the related explanatory memorandum and impact assessment.