BaFin published a consultation (04/2019) on insolvency treatment of certain liabilities of institutions under the Capital Requirements Regulation (CRR). Due to legal changes in § 46f of the German Banking Act (KWG), BaFin proposed updates related to "the previous interpretation assistance" on the insolvency treatment of certain liabilities of CRR institutions. Comments are requested by March 19, 2019.
Related Links (in German)
Comment Due Date: March 19, 2019
Keywords: Europe, Germany, Banking, CRR, Insolvency, German Banking Act, BaFin
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EC published the Implementing Regulation 2021/763 that lays down implementing technical standards for supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (MREL).
APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.
The private sector working group of ECB on euro risk-free rates published the recommendations to address events that would trigger fallbacks in the Euro Interbank Offered Rate (EURIBOR)-related contracts, along with the €STR-based EURIBOR fallback rates (rates that could be used if a fallback is triggered).
Bundesbank published a list of "EntryPoints" that are accepted in its reporting system; the list provides taxonomy version and name of the module against each EntryPoint.
EBA published the phase 1 of its reporting framework 3.1, with the technical package covering the new reporting requirements for investment firms (under the implementing technical standards on investment firms reporting).
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ESMA published the final guidelines on outsourcing to cloud service providers.
EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.
OSFI has set out the schedule for release of draft guidance on the management of technology risks by federally regulated financial institutions and private pension plans.
MAS updated rules for new housing loans by banks and finance companies.