The European Banking Authority (EBA) published the sample of banks for the mandatory Basel III monitoring exercise, which will refer to the December 2021 data. The exercise is expected to be launched at the end of January 2022 and its results are expected to be published at the end of September 2022. The sample consists of banks selected by the relevant national competent authorities in accordance with Articles 4 and 8 of the EBA Decision on the mandatory Basel III monitoring exercise. This monitoring exercise will be carried out at the highest level of European Union or European Economic Area consolidation on a sample of 157 banks, of which 114 are either global systemically important institutions or other systemically important institutions. The sample covers approximately 80% of the banking sector in the European Economic Area, including Iceland, Liechtenstein, and Norway. The final sample may still be subject to adjustments due to various corporate actions such as mergers, divestments, and restructuring.
Keywords: Europe, EU, Banking, Insurance, Securities, Basel, Basel III Monitoring, G-SII, O-SII, Regulatory Capital, Reporting, EBA
Previous ArticleACPR Sets Out Lists of Systemically Important Institutions in France
The three European Supervisory Authorities (ESAs) issued a letter to inform about delay in the Sustainable Finance Disclosure Regulation (SFDR) mandate, along with a Call for Evidence on greenwashing practices.
The Financial Stability Board (FSB) and the Network for Greening the Financial System (NGFS) published a joint report that outlines the initial findings from climate scenario analyses undertaken by financial authorities to assess climate-related financial risks.
The Financial Stability Board (FSB) published a letter intended for the G20 leaders, highlighting the work that it will undertake under the Indian G20 Presidency in 2023 to strengthen resilience of the financial system.
The International Sustainability Standards Board (ISSB) of the IFRS Foundations made several announcements at COP27 and with respect to its work on the sustainability standards.
The International Organization for Securities Commissions (IOSCO), at COP27, outlined the regulatory priorities for sustainability disclosures, mitigation of greenwashing, and promotion of integrity in carbon markets.
The European Banking Authority (EBA) issued a statement in the context of COP27, clarified the operationalization of intermediate EU parent undertakings (IPUs) of third-country groups
The European Union has finalized and published, in the Official Journal of the European Union, a set of 13 Delegated and Implementing Regulations applicable to the European crowdfunding service providers.
The Office of the Superintendent of Financial Institutions (OSFI) published an annual report on its activities, a report on forward-looking work.
The Australian Prudential Regulation Authority (APRA) finalized amendments to the capital framework, announced a review of the prudential framework for groups.
The Bank for International Settlements (BIS) Innovation Hubs and several central banks are working together on various central bank digital currency (CBDC) pilots.