BCRA updated the minimum capital requirements and liquidity coverage ratio (LCR) rules under the Basel standards for banks. BCRA also published updates related to certain aspects of the information transparency regime.
The key topics updated under the LCR rules cover authorities of financial entities, minimum capital requirements of financial institutions, guidelines for risk management in financial entities, and net stable funding ratio (NSFR). Under the minimum capital requirements rules, the key updates are related to aggregation of data on risks and preparation of reports, credit assistance to non-financial credit providers, authorities of financial institutions, authorization and composition of the capital of financial institutions, and assignment of credit portfolio. With regard to the information regime, the updates are on the following topics:
- Monthly Accounting Information System on minimum capital requirement and integration
- Information Regime for quarterly/annual supervision
- Monthly Accounting Information System on minimum cash and application of resources
- Monthly Accounting Information System on large exposures to credit risk
- Prevention of money laundering, financing of terrorism, and other illicit activities
Related Links (in Spanish)
Keywords: Americas, Argentina, Banking, Capital Requirements, LCR, Disclosures, NSFR, BCRA
Previous ArticleECB Updates AnaCredit Reporting Manual in May 2019
The European Central Bank (ECB) is undertaking the integrated reporting framework (IReF) project to integrate statistical requirements for banks into a standardized reporting framework that would be applicable across the euro area and adopted by authorities in other EU member states.
The Basel Committee on Banking Supervision met, shortly after a gathering of the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of BCBS.
The International Organization of Securities Commissions (IOSCO) welcomed the work of the international audit and assurance standard setters—the International Auditing and Assurance Standards Board (IAASB)
The European Banking Authority (EBA) has been awarded the top European Standard for its environmental performance under the European Eco-Management and Audit Scheme (EMAS).
The Bank of England (BoE) published a Statistical Notice (2022/18), which informs that due to the Bank Holiday granted for Her Majesty Queen Elizabeth II’s State Funeral on Monday September 19, 2022.
The French Prudential Control and Resolution Authority (ACPR) announced that the European Banking Authority (EBA) has updated its filing rules and the implementation dates for certain modules of the EBA reporting framework 3.2.
The Australian Prudential Regulation Authority (APRA) announced reduction in the aggregate Committed Liquidity Facility (CLF) for authorized deposit-taking entities to ~USD 33 billion on September 01, 2022.
The China Banking and Insurance Regulatory Commission (CBIRC) published the administrative measures for internal control of wealth management companies, which come into force on the day of promulgation.
The Prudential Regulation Authority (PRA) proposed its approach to policy-making as it takes on wider rulemaking responsibilities under the Financial Services and Markets Bill.
The European Central Bank (ECB) published its opinion on the proposal for a regulation on harmonized rules on fair access to and use of data (Data Act).