DNB issued the banking newsletter for November 2017. This month’s issue focuses on vision for supervision 2018-2022. The three priorities include technological innovation, steering toward sustainability and being future-oriented, and financial and economic crime.
Other key focus areas of the newsletter are as follows:
- Strengthening of cyber resilience for financial institutions—including DNB—via a joint program called Threat Intelligence Based Ethical Red Teaming (TIBER)
- Update on several studies conducted on the use and operation of systematic integrity risk analysis (SIRA) of banks
- Update on the fourth anti-money laundering directive
- EBA consultation on the revised interest rate risk in the banking book (IRRBB) standard and the EBA stress test for 2018
- Update on Survey/QIS calendar for banks
Keywords: Europe, Netherlands, Banking, Newsletter, Stress Testing, IRRBB, QIS Calendar, DNB
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ECB finalized the guide on assessment methodology for the internal model method for calculating exposure to counterparty credit risk (CCR) and the advanced method for own funds requirements for credit valuation adjustment (A-CVA) risk.
EBA published an Opinion addressed to EC to raise awareness about the opportunity to clarify certain issues related to the definition of credit institution in the upcoming review of the Capital Requirements Directive and Regulation (CRD and CRR).
APRA is consulting on updates to ARS 210.0, the reporting standard that sets out requirements for provision of information on liquidity and funding of an authorized deposit-taking institution.
FED released hypothetical scenarios for a second round of stress tests for banks.
PRA published updates in relation to the 2021 Supervisory Benchmarking Portfolio exercise.
FED adopted a proposal to extend for three years, with revision, the capital assessments and stress testing reports (FR Y-14A/Q/M; OMB No. 7100-0341).
HKMA revised the Supervisory Policy Manual module CR-G-14 on margin and other risk mitigation standards for non-centrally cleared over-the-counter (OTC) derivatives transactions.
EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.
EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).
NGFS published a paper on the overview of environmental risk analysis by financial institutions and an occasional paper on the case studies on environmental risk analysis methodologies.