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The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).
January 13, 2022
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The Malta Financial Services Authority (MFSA) updated the guidelines on supervisory reporting requirements under the reporting framework 3.0.
January 13, 2022
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The Financial Conduct Authority (FCA) decided to register European DataWarehouse Ltd and SecRep Limited as securitization repositories under the UK Securitization Regulation, with effect from January 17, 2022.
January 12, 2022
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The European Commission (EC) published the Delegated Regulation 2022/25, which supplements the Investment Firms Regulation (IFR or Regulation 2019/2033) with respect to the regulatory technical standards specifying the methods for measuring the K-factors referred to in Article 15 of the IFR.
January 11, 2022
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The European Supervisory Authorities (ESAs) published the list of identified financial conglomerates for 2021.
January 07, 2022
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Article
Monetary authorities have started requesting financial institutions account for changes in credit risk due to climate change. We combine an acute climate event with a chronic, physical risk climate change scenario and analyze the impact on credit risk losses for UK residential mortgages via PD and LGD projections.
January 2022
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Petr Zemcik, Cecilia Bocchio
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Credit risk and asset and liability management are two disciplines often approached via different silos. However, does any interconnection exist between them? If so, can we measure and adequately assess it? Do varying economic conditions affect firm balance sheets differently? We show that incorporating forward-looking behavioral defaults and prepayments into analyses of cashflows that underlie multiple ALM metrics effectively prevents overestimates.
January 2022
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Brenda Solis Gonzalez, Karen Moss, Chiara Ventura
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EU published, in the Official Journal of the European Union, a corrigendum to the Delegated Regulation 2015/35, which supplements Solvency II Directive (2009/138/EC).
January 06, 2022
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The European Banking Authority (EBA) published an Opinion on the scale and impact of de-risking in European Union and the steps that competent authorities should take to tackle unwarranted de-risking.
January 05, 2022
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The French Financial Markets Authority (AMF) published its 2022 work priorities, along with the supervisory priorities for 2022.
January 05, 2022
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The Financial Conduct Authority (FCA) announced that publication of 24 LIBOR settings has ended and that, going forward, the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology.
January 04, 2022
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The European Securities and Markets Authority (ESMA) is seeking input from stakeholders on the use of distributed ledger technology, or DLT, for trading and settlement and on the need for amending the regulatory technical standards on regulatory reporting and transparency requirements.
January 04, 2022
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The European Central Bank (ECB) published an opinion on the proposal for a regulation laying down harmonized rules on artificial intelligence or AI (Artificial Intelligence Act) and amending certain European Union legislative acts (hereafter the "proposed regulation").
December 29, 2021
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The Hungarian National Bank (MNB) decided not to extend the restrictions imposed on dividend payments, share repurchases, and performance bonuses in the credit institution sector, in response to the economic uncertainties caused by COVID-19 pandemic; the restrictions have ended on December 31, 2021.
December 27, 2021
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The UK government published the Statutory Instrument No. 1461, which implements Amendment of the Commission Implementing Regulation (EU) 2018/151 via The Network and Information Systems (EU Exit) (Amendment) Regulations 2021.
December 20, 2021
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The European Banking Authority (EBA) published the final draft implementing technical standards on supervisory reporting with respect to common reporting (COREP), asset encumbrance, global systemically important institutions (G-SIIs), and additional liquidity monitoring metrics (ALMM).
December 20, 2021
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The European Insurance and Occupational Pensions Authority (EIOPA) revised the guidelines on Legal Entity Identifier (LEI) and expects national competent authorities to apply these revised guidelines from July 01, 2022.
December 20, 2021
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The European Banking Authority (EBA) launched a consultation on the amendment of the Implementing Regulation (2016/2070) for the 2023 benchmarking of internal approaches for credit risk and market risk; instructions for filling the associated templates accompany this consultation, which ends on February 18, 2022.
December 17, 2021
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The Financial Conduct Authority (FCA) has published two policy statements PS21/23 and PS21/24 confirming the final rules and guidance on climate-related disclosures for listed companies and for asset managers, life insurers, and pension providers.
December 17, 2021
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The European Central Bank (ECB) decided to not extend, beyond December 2021, the liquidity relief measure that allowed banks to operate with a liquidity coverage ratio below 100% and expects all banks to maintain a the ratio of above 100% as of January 01, 2022.
December 17, 2021
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The European Systemic Risk Board (ESRB) published a report on the usability of capital buffers of banks.
December 17, 2021
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The European Banking Authority (EBA) announced its decision to conduct the next stress test in 2023, reflecting the ongoing progress that European Union banks are making in strengthening their capital positions and the work to be done for the preparation of the next stress test exercise.
December 17, 2021
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The European Central Bank (ECB) is taking the next step in the project to develop the integrated reporting framework or IReF. Following an industry-wide consultation, ECB is now launching the design phase of the project, which is expected to go live in 2027.
December 17, 2021
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The Prudential Regulation Authority (PRA) imposed a financial penalty of GBP 46.55 million on the Standard Chartered Bank. Additionally, PRA published the policy statement PS28/21, which finalizes changes to the Remuneration Part of the PRA Rulebook on the criteria for identifying material risk-takers.
December 17, 2021
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The European Banking Authority (EBA) published the final report on the feasibility study of an integrated reporting system in the European Union.
December 16, 2021
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The European Banking Authority (EBA) published two sets of guidelines with the aim to strengthen the anti-money laundering and countering the financing of terrorism (AML/CFT) supervision in the European Union.
December 16, 2021
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The European Securities and Markets Authority (ESMA) released a statement on the implementation of the changes to the clearing obligation and derivative trading obligation, in light of the benchmark transition.
December 16, 2021
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The European Commission (EC) presented a new strategy to improve and modernize financial supervisory reporting in the European Union.
December 15, 2021
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PRA published a feedback statement (FS1/21) that provides a summary of the responses to discussion paper (DP1/21), which explored options for developing a strong and simple prudential framework for banks and building societies that are neither systemically important nor internationally active.
December 15, 2021
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The Prudential Regulation Authority (PRA) finalizes changes, via the policy statement PS27/21, to its policy on designating investment firms.
December 15, 2021
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