Featured Product

    EBA Announces Timeline for the 2018 EU-Wide Stress Test

    October 30, 2017

    EBA announced the final timeline for the 2018 EU-wide stress test, as agreed by the Board of Supervisors of EBA in its meeting. The exercise is expected to be launched at the beginning of 2018 while the results are to be published by November 02, 2018. The macroeconomic scenario will be published with the launch of the exercise in January 2018.

    EBA, in co-operation with the competent authorities, is now in the process of finalizing the methodology and templates, with the objective of sharing them with participating banks ahead of the launch. EBA will publish the final methodology in November 2017 and circulate the final templates and further guidance to participating banks by the end of the year. Following a discussion with the industry on the draft methodology during the summer of 2017, the EBA Board of Supervisors decided to extend the overall timeline for the stress test to take into account challenges that the implementation of IFRS 9 poses regarding the availability of starting point data in early 2018. The following key milestones were agreed for the 2018 stress test:

    • Launch of the exercise in January
    • First submission of results to EBA in early June
    • Second submission to EBA in mid-July
    • Final submission to EBA in late October
    • Publication of results by November 02, 2018

    Related Links

    Keywords: Europe, EU, Banking, EU-wide Stress Test, Timeline, IFRS 9, Stress Testing, EBA

    Featured Experts
    Related Articles
    News

    FASB Proposes Taxonomy Changes Related to Topics 848 and 470

    FASB proposed taxonomy improvements for the proposed Accounting Standards Update on topic 848 on facilitation of effects of reference rate reform on financial reporting.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Statement on Recalculating Transitional Measures Under Solvency II

    BoE notified that it will be willing to accept applications from firms to recalculate transitional measure on technical provisions (TMTP) as at September 30, 2019.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Paper on Market-Implied Systemic Risk and Shadow Capital Adequacy

    BoE published a working paper that presents a forward-looking approach to measure systemic solvency risk.

    September 13, 2019 WebPage Regulatory News
    News

    HKMA Consults on Policy Module on Pillar 2 Supervisory Review Process

    HKMA is consulting on the revised Supervisory Policy Manual module CA-G-5 that sets out the HKMA approach to conducting the supervisory review process under Pillar 2.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Publishes Waiver by Consent of Continuity of Access Rules

    PRA published a new waiver by consent to waive the Continuity of Access requirements contained in the Depositor Protection Part of the PRA Rulebook (DPP).

    September 13, 2019 WebPage Regulatory News
    News

    EBA Single Rulebook Q&A: Second Update for September 2019

    EBA updated the Single Rulebook question and answer (Q&A) tool with answers to three questions.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Revises Branch Return and Updates Guidance for Regulatory Reports

    PRA published the policy statement PS17/19, which contains the final policy related to changes in the format and content of the Branch Return Form and reporting guidance.

    September 12, 2019 WebPage Regulatory News
    News

    ISDA Guide on Collateral Management Under Smart Derivatives Contracts

    ISDA published the third in a series of legal guidelines for smart derivatives contracts.

    September 12, 2019 WebPage Regulatory News
    News

    ESA Report Highlights Risks of No-Deal Brexit in EU Financial System

    ESAs published a Joint Committee report on risks and vulnerabilities in the EU financial system.

    September 12, 2019 WebPage Regulatory News
    News

    ECB Modifies New Targeted Longer-Term Refinancing Operations

    The Governing Council of ECB decided to modify some of the key parameters of the third series of targeted longer-term refinancing operations (TLTRO III) to preserve favorable bank lending conditions (Decision (EU) 2019/1558).

    September 12, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3819