BaFin published a "leaflet" on external bail-in implementation in Germany. The leaflet describes the parties involved, their responsibilities, communication channels, and the process of external bail-in implementation. It is based on a baseline scenario, which will be expanded to include further complexity levels in the future. It is addressed to all institutions in the Federal Republic of Germany, for which the settlement strategy envisages the application of bail-in. BaFin consulted on the draft leaflet from April to June 2019.
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Keywords: Europe, Germany, Banking, Bail-In, Recovery and Resolution, Resolution Framework, BaFin
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The European Banking Authority (EBA) proposed implementing technical standards on the interest rate risk in the banking book (IRRBB) reporting requirements, with the comment period ending on May 02, 2023.
The U.S. Federal Reserve Board (FED) set out details of the pilot climate scenario analysis exercise to be conducted among the six largest U.S. bank holding companies.
The Board of Governors of the Federal Reserve System (FED) adopted the final rule on Adjustable Interest Rate (LIBOR) Act.
The European Central Bank (ECB) published an updated list of supervised entities, a report on the supervision of less significant institutions (LSIs), a statement on macro-prudential policy.
The Hong Kong Monetary Authority (HKMA) published a circular on the prudential treatment of crypto-asset exposures, an update on the status of transition to new interest rate benchmarks.
The European Commission (EC) adopted the standards addressing supervisory reporting of risk concentrations and intra-group transactions, benchmarking of internal approaches, and authorization of credit institutions.
The China Banking and Insurance Regulatory Commission (CBIRC) issued rules to manage the risk of off-balance sheet business of commercial banks and rules on corporate governance of financial institutions.
The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.
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