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
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HM Treasury announced that the new Financial Services Bill has been introduced in the Parliament.
PRA published the consultation paper CP17/20 to propose changes to certain rules, supervisory statements, and statements of policy to implement elements of the Capital Requirements Directive (CRD5).
US Agencies adopted a final rule that applies to advanced approaches banking organizations and aims to reduce interconnectedness in the financial system as well as to reduce contagion risks associated with the failure of a global systemically important bank (G-SIB).
US Agencies (FDIC, FED, and OCC) adopted a final rule that implements the net stable funding ratio (NSFR) for certain large banking organizations.
FSB finalized the toolkit of effective practices to assist financial institutions in their cyber incident response and recovery activities.
ECB published eleventh issue of the Macroprudential Bulletin, which provides insight into the ongoing work of ECB in the field of macro-prudential policy.
HM Treasury issued a call for evidence seeking views to reform the prudential regulatory regime—also known as Solvency II—of the insurance sector in UK.
ESRB responded to the EC consultation on review of Solvency II regime.
HM Treasury launched a consultation on Phase II of the Future Regulatory Framework Review, with the comment period ending on January 19, 2021.
EC adopted the work program for 2021.