EC Updates List of Appropriately Diversified Stock Indices Under CRR
EC published the Implementing Regulation 2020/125, which amends Regulation 945/2014 and lays down the implementing technical standards for relevant appropriately diversified indices in accordance with the Capital Requirements Regulation or CRR (575/2013). The amendment updates the list of stock indices meeting the requirements of Article 344 of CRR. Regulation (EU) 2020/125 shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
To ensure that the stock indices listed in the Annex to Regulation (EU) No 945/2014 continue to meet the conditions for their specific risk to be ignored, the relevant indices have been reassessed in light of the latest available data, which relative to 2018. In light of that reassessment, it is necessary to update the list of relevant appropriately diversified indices. Regulation 2020/125 is based on the draft implementing technical standards submitted by EBA to EC. The Annex to Regulation (EU) No 945/2014 has been replaced by the text in the Annex to Regulation (EU) 2020/125. The Annex to Regulation 2020/125 provides the list of stock indices meeting the requirements under Article 344 of CRR.
Related Links
Effective Date: February 19, 2020
Keywords: Europe, EU, Banking, Securities, CRR, Implementing Technical Standards, Stock Indices, EBA, EC
Previous Article
ECB Welcomes Ratification of Agreement on Orderly BrexitRelated Articles
|
News
APRA Plans to Assess Climate Risks and Develop Prudential GuidanceAPRA published a letter that outlines its plans to undertake a climate change vulnerability assessment and develop a prudential practice guide focused on climate-related financial risks.
February 24, 2020
WebPage
Regulatory News
|
|
News
APRA to Transition to Annual Stress Testing of Large Banks in 2020APRA published key findings of the stress testing assessment conducted on authorized deposit-taking institutions.
February 21, 2020
WebPage
Regulatory News
|
|
News
IAIS Statement on Monitoring Period of Insurance Capital StandardIAIS published a statement from its Secretary General Jonathan Dixon on the Insurance Capital Standard (ICS) monitoring period.
February 21, 2020
WebPage
Regulatory News
|
|
News
EC Consults on Review of Non-Financial Reporting DirectiveEC is launched a consultation on the review of the Non-Financial Reporting Directive or NFRD (Directive 2014/95/EU, as part of its strategy to strengthen sustainable investment in Europe.
February 20, 2020
WebPage
Regulatory News
|
|
News
EIOPA Consults on Standards for Supervisory Reporting Under PEPP RuleEIOPA is consulting on the implementing technical standards for supervisory reporting and cooperation, as mandated by the Pan-European Personal Pension Product (PEPP) Regulation (Regulation 2019/1238).
February 20, 2020
WebPage
Regulatory News
|
|
News
ECB Report on Transfer of Liquidity from EONIA Products to €STRECB published a report on the transfer of liquidity from the cash and derivatives products of the Euro Overnight Index Average (EONIA) to the Euro Short-Term Rate (€STR).
February 19, 2020
WebPage
Regulatory News
|
|
News
ESRB Publishes Report on Systemic CyberattacksESRB published a report that explores systemic implications of cyber incidents, such as cyberattacks.
February 19, 2020
WebPage
Regulatory News
|
|
News
FSB Chair Sets Out Key Deliverables for G20 Presidency of Saudi ArabiaFSB published a letter from the Chair Randal K. Quarles to the G20 finance ministers and Central Bank governors ahead of the meetings in Riyadh on February 22-23.
February 19, 2020
WebPage
Regulatory News
|
|
News
CFTC Proposes Rules on Derivative Position Limits and Swap ExecutionCFTC approved a proposed rule on position limits for derivatives and a proposed rule amending requirements for certain Swap Execution Facilities and real-time reporting.
February 19, 2020
WebPage
Regulatory News
|
|
News
BIS Appoints Heads of Innovation Hubs in Singapore and SwitzerlandBIS announced key personnel appointments to the Innovation Hubs in Singapore and Switzerland.
February 19, 2020
WebPage
Regulatory News
|
