SRB has setup a dedicated solution for raising questions on the resolution reporting. The Q&A process aims to provide support to thenational resolution authorities and the institutions subject to the resolution reporting requirements. The Q&A is intended to provide clarity on the reporting requirements to banks under the SRB remit.
Those who submit questions are encouraged to create their profile using their professional e-mail address, as this will enable the SRB to better identify questions from Institutions and national resolution authorities. When raising a question, a predefined list of topics is available in the Q&A form to structure the nature of questions that can be raised via this platform. In general, questions may cover the reporting format, content (guidance documents published by SRB) and process for resolution reporting. Submitters are requested to address any questions on guidance documents and reports published by other authorities directly to these authorities. SRB will provide feedback within a maximum of 2 to 4 months after the submission of the question. The clearer the drafting of the questions raised, and the more background information provided on the questions, the better the chances of receiving a quick response from SRB.
Keywords: Europe, EU, Banking, Resolution, Reporting, Q&A, National Resolution Authorities, SRB
Previous ArticleSwiss Federal Council to Improve Framework for DLT/Blockchain
In a letter addressed to the industry, the Australian Prudential Regulation Authority (APRA) set out an updated schedule of policy priorities for the banking, insurance, and superannuation industries.
The European Commission (EC) adopted a comprehensive review package of Solvency II rules in the European Union.
The Office of the Comptroller of the Currency (OCC) issued Versions 1.0 of the "Earnings" and "Regulatory Reporting" booklets of the Comptroller's Handbook.
The European Central Bank (ECB) published results of its economy-wide climate stress test, which aimed to assess the resilience of non-financial corporates and euro area banks to climate risks.
The European Banking Authority (EBA) published a report on the use of digital platforms in the banking and payments sector in European Union.
The Hong Kong Monetary Authority (HKMA) published updates on the policy measures that were announced in context of the ongoing pandemic.
The International Swaps and Derivatives Association (ISDA), along with several other associations, submitted a joint response to the Basel Committee on Banking Supervision (BCBS) consultation on preliminary proposals for the prudential treatment of cryptoasset exposures.
BIS published the September issue of the Quarterly Review, which contains special features that analyze the rapid rise in equity funding for financial technology firms, the effectiveness of policy measures in response to pandemic, and the evolution of international banking.
The Basel Committee for Banking Supervision (BCBS) met in September 2021 and reviewed climate-related financial risks, discussed impact of digitalization, and welcomed efforts by the International Financial Reporting Standards (IFRS) Foundation to develop a common set of sustainability reporting standards
The Office of the Comptroller of the Currency (OCC) issued a Cease and Desist Order against MUFG Union Bank for deficiencies in technology and operational risk governance.