|
|
BIS: Higher bank capital requirements and mortgage pricing - evidence from the CCB
How has the Countercyclical Capital Buffer affected mortgage pricing after Switzerland became the first country to activate this Basel III macroprudential tool? By analyzing a database with several offers per mortgage request, here's a picture of mortgage supply and demand. View Article |
ECB publishes Consolidated Banking Data for Dec-2014
As this is the first time CBD data are reported based on the new reporting framework, data have to be viewed as provisional and may in certain instances be subject to revisions. View Article |
BCBS: Basel III - The standardised approach for measuring counterparty credit risk exposures: Frequently asked questions
This document presents a set of frequently asked questions that relate to the Standardised Approach for measuring counterparty credit risk (SA-CCR). View Article |
ECB working paper: The real effects of credit constraints - evidence from discouraged borrowers in the euro area
This paper investigates the characteristics and behaviour of discouraged borrowers in the euro area. The results show that more borrowers are discouraged when the average interest rate charged by banks in a country is higher. Higher corporate tax rates, on the opposite, lead to lower discouragement. View Article |
ECB: Working Paper Series - Sovereign risk, interbank freezes, and aggregate fluctuation
This European Central Bank paper studies the interaction of sovereign default risk with the banking sector. Authors present a model with strategic default on public debt in which sovereign risk adversely affects funding conditions of banks on the interbank market. View Article |
EBA publishes technical advice on protected arrangements in a resolution situation
The European Banking Authority’s Opinion ensures full protection of well-established sources of refinancing such as secured debt, including securities lending and covered bonds, and of means of risk mitigation. The Opinion was issued in response to a request for advice from the European Commission. View Article |
The EBA issues final Guidelines on passport notifications for mortgage credit intermediaries
The European Banking Authority’s guidelines will ensure that information about credit intermediaries carrying out business in more than one Member State is exchanged consistently between national authorities. View Article |
EBA consults on technical standards on exemption of NFCs from CVA risk charge
The proposed European Banking Authority’s RTS align the treatment of non-financial counterparties established in a third country with the treatment of EU NFCs. View Article |
EBA calls for evidence on SME lending and the SME supporting factor
Through this paper, which is the basis for a preliminary discussion, the European Banking Authority is inviting its stakeholders to provide their input and evidence aimed at supporting the ongoing analysis on bank lending to SMEs and the impact of the SME SF. View Article |
EBA to conduct further analysis on Net Stable Funding Requirements and Leverage Ratio
The European Banking Authority informed that it will incorporate additional analysis into its calibration reports on Net Stable Funding Requirements and Leverage Ratio. The announcement follows a request by the European Commission. View Article |
Bank of England: Assessing capital adequacy under Pillar 2
PS17/15 has been updated to align references to the updates made in Supervisory Statement 31/15 ‘The Internal Capital Adequacy Assessment Process (ICAAP) and the Supervisory Review and Evaluation Process (SREP)’ to incorporate a new chapter on reverse stress testing. View Article |
Bank of England: The PRA Rulebook - Part 3
This policy statement further advances the commitment made by the PRA in its Approach Documents to amend and streamline substantially both the PRA Handbook and the associated materials carried over from the FCA, creating a new Rulebook and body of supporting supervisory statements. View Article |
Bank of England: The PRA Rulebook - Part 4
This consultation paper sets out proposals to redraft certain modules of the Prudential Regulation Authority Handbook. It is the fourth in a planned series of consultations aimed at reshaping Handbook material inherited from the FSA to create a Rulebook, containing only PRA rules. View Article |
Bank of England: PRA censures Co-operative Bank for serious risk management and transparency failings
Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the PRA has found that there were serious and wide-ranging failings in Co-op Bank’s control and risk management framework during the period from 22 July 2009 to 31 December 2013. View Article |
ECB: Between capture and discretion – The determinants of distressed bank treatment and expected government support
Findings of this working paper might motivate policy makers and legislators to make bank regulation and supervision more robust to influences from the regulated industry in order to avoid regulatory capture dominating regulatory discretion. View Article |
Reuters: National laws hamper ECB's work as single supervisor
Diverging national laws on banking supervision are hampering the European Central Bank's work as single supervisor of the euro zone's largest lenders and the rules need to be harmonized. View Article |
Reuters: EU's 2016 stress test will include 50-60 euro zone banks
Between 50 and 60 euro zone banks will be included in next year's stress test of top EU lenders, fewer than half of the number in the 2014 exercise, the European Central Bank's spokeswoman Nouy has said. View Article |
ABBL: EU-wide stress testing - Can you leverage your 2014 project?
Following confirmation that the next EU-wide stress test will take place in 2016, many of the European banks have been confronted by the reality that they have no systematic record of the hard work they did in 2014 and will therefore start next year’s exercise from scratch. View Article |
Bruegel: Euro area banks remain vulnerable
Strengthening the banking system is important to achieve a sustainable recovery, because it will revitalise credit to the healthier segments of the economy. However without restructuring, euro area banks are still vulnerable. View Article |
Financial Times: Banks warn over European privacy rules
Banks are lobbying Brussels over a sweeping overhaul of the EU’s privacy rules, which would make it harder for lenders as well as technology groups to collect and keep personal data. View Article |
VoxEU: Still vulnerable - The eurozone’s small and medium-sized banks
The ECB believes that most eurozone banks are out of the woods in terms of non-performing assets and capital shortfalls. This column argues that small and medium-sized banks – and among them the unlisted banks – remain under considerable stress. View Article |
Financial Times: Europe’s banks need coherent business mix
Instead of taking a top down approach and asking “what sort of businesses fit with our long-term strategy” there is a risk that European banks will simply ask “what are we good at today”, and stick with those businesses. View Article |
Financial Times: ECB doubles the time needed to review banks’ risk models
The European Central Bank has quietly given itself up to four years for an “intrusive” review that could force the eurozone’s biggest banks to hold even more capital. View Article |
BBA: Can banks satisfy the digital generation?
With the UK launch of Apple Pay, the explosion of contactless payments across Europe and more mobile banking partnerships being cemented all the time, the future looks bright for a certain kind of banking. That banking is digital and increasingly mobile. View Article |
BBA: New ONS data – the rise of FinTech and consumer-led trends in digital banking
The ONS survey data released this week on internet access in Great Britain confirmed once again that the digital revolution continues to change the way people go about their day-to-day lives. View Article |
EPC: Results of latest EPC poll reveal that instant payments are most likely to trigger the next wave of innovation
The outcome of the survey suggests a significant shift in thinking away from a focus on regulation towards more innovative factors such as instant payments and mobile payments. View Article |
VocaLink: The changing face of payments 2015
This year’s survey proves particularly interesting as the impact of mobile and payments apps are clearly indicating a rapid cycle change in the industry, with most developed markets rapidly adapting to mobile real-time payments and established players facing real disintermediation threats. View Article |
Reuters: Global finance leaders to banks: reform culture and conduct or face more regulation
A number of the world’s largest banks are still failing to implement much needed cultural and conduct reforms in their businesses, and a failure to do so could spur more government regulation, according to a long awaited report by the Group of Thirty. View Article |