BCBS published has set out a number of frequently asked questions (FAQs) that it has agreed to add to the Basel Framework. The added FAQs cover a range of issues related to the reform of benchmark reference rates and clarifications related to the standardized approach to operational risk. The FAQs are intended to support consistent implementation of Basel framework, which is the full set of the Basel Committee standards for prudential regulation of banks.
Keywords: International, Banking, FAQ, Benchmark Reforms, Standardized Approach, Operational Risk, Market Risk, Definition of Capital, Basel, BCBS
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The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.
The European Council and the European Parliament (EP) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD).
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The European Commission (EC) published the Delegated Regulation 2022/954, which amends regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.
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