Featured Product

    FSB Set Out Work Deliverables for 2022

    The Financial Stability Board (FSB) set out its work program, providing an indicative timeline of the key deliverables for 2022.

    The work program addresses the expected initiatives and work priorities, continuation and completion of ongoing financial stability work, and regular monitoring and reporting of financial stability issues. Key deliverables for 2022 and their timelines are presented below:

    • April: Consultative report on identification of regulatory and supervisory approaches to addressing climate-related financial risks (G20 deliverable) 
    • July: Annual progress report on climate roadmap (G20 Deliverable), report on climate-related vulnerabilities and their monitoring, and report on the use of scenario analysis for climate-related risks
    • October (G20 deliverables for November Summit): Final report on COVID-19 exit strategies to support equitable recovery for financial stability and scarring effects, report with main findings of nonbank financial intermediation (NBFI) initiatives and policy proposals to address systemic risk in NBFI, consultative document on achieving greater convergence for reporting cyber incidents to financial authorities, final report on regulatory and supervisory approaches to addressing climate-related financial risks, report (jointly with NGFS) on the outputs of scenario analysis by jurisdictions, report on progress in achieving consistent climate-related financial disclosures, and progress report on the regulation, supervision, and oversight of global stablecoins
    • November: Identification of global systemically important banks (G-SIBs) for 2022 and progress report on benchmark transition (2022, H2)
    • December: Global Monitoring Report on NBFI

     

    Related Links

     

    Keywords: International, Banking, Insurance, Securities, Reporting, Financial Stability, Covid-19, NBFI, Systemic Risk, Cryptoassets, Decentralized Finance, Climate Change Risk, ESG, Disclosures, NGFS, Cyber Risk, Operational Resilience, Fintech, G20, FSB

    Featured Experts
    Related Articles
    News

    APRA Publishes Results of Climate Risk Self-Assessment Survey

    The Australian Prudential Regulation Authority (APRA) has published the findings of its latest climate risk self-assessment survey conducted across the banking, insurance, and superannuation industries.

    August 04, 2022 WebPage Regulatory News
    News

    ACPR Publishes Updates Related to CRD IV and Covered Bonds

    The French Prudential Supervisory Authority (ACPR) published a notice related to the methods for calculating and publishing prudential ratios under the Capital Requirements Directive (CRD IV) and the minimum requirement for own funds and eligible liabilities (MREL).

    August 03, 2022 WebPage Regulatory News
    News

    BIS Paper Contributes to Debate on Regulating NBFIs and Big Techs

    The Financial Stability Institute (FSI) of the Bank for International Settlements recently published a paper proposing a framework for classifying financial stability regulation as either entity-based or activity-based.

    August 03, 2022 WebPage Regulatory News
    News

    EIOPA Publishes Guidance on Climate Change Scenarios in ORSA

    The European Insurance and Occupational Pension Authority (EIOPA) published the risk dashboard based on Solvency II data and the final version of the application guidance on climate change materiality assessments and climate change scenarios in the Own Risk and Solvency Assessment (ORSA).

    August 02, 2022 WebPage Regulatory News
    News

    EBA and ECB Respond to Proposals on Sustainability Disclosures

    The European Banking Authority (EBA) and the European Central Bank (ECB) published their responses to the consultations of the International Sustainability Standards Board (ISSB) and the European Financial Reporting Advisory Group (EFRAG) on sustainability-related disclosure standards.

    August 01, 2022 WebPage Regulatory News
    News

    BIS Report Notes Existing Gaps in Climate Risk Data at Central Banks

    A Consultative Group on Risk Management (CGRM) at the Bank for International Settlements (BIS) published a report that examines incorporation of climate risks into the international reserve management framework.

    July 29, 2022 WebPage Regulatory News
    News

    EBA Publishes Multiple Regulatory Updates for Regulated Entities

    The European Banking Authority (EBA) published the final guidelines on liquidity requirements exemption for investment firms, updated version of its 5.2 filing rules document for supervisory reporting, and Single Rulebook Question and Answer (Q&A) updates in July 2022.

    July 29, 2022 WebPage Regulatory News
    News

    EIOPA Issues SII Taxonomy and Guide on Sustainability Preferences

    The European Insurance and Occupational Pensions Authority (EIOPA) published Version 2.8.0 of the Solvency II data point model (DPM) and XBRL taxonomy.

    July 29, 2022 WebPage Regulatory News
    News

    EESC Opines on Proposals on CRR and European Single Access Point

    The European Union published, in the Official Journal of the European Union, an opinion from the European Economic and Social Committee (EESC); the opinion is on the proposal for a regulation to amend the Capital Requirements Regulation (CRR).

    July 29, 2022 WebPage Regulatory News
    News

    HM Treasury Publishes Multiple Regulatory Updates in July 2022

    HM Treasury published a draft statutory instrument titled “The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2022,” along with the related explanatory memorandum and impact assessment.

    July 29, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8423