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EBA publishes 2016 EU-wide stress test results
From a starting point of 13.2% CET1, the stress test demonstrates the resilience of the EU banking sector to an adverse scenario with an impact of 380 bps CET1 on average. View Article |
EBF: EBA stress test shows resilience of EU banking sector
The European Banking Federation stated that the EBA's 2016 European Union-wide stress test results clearly demonstrate that the recapitalisation effort that European banks have made in recent years is bearing fruit. View Article |
Basel III implementation: Basel Committee reports to G20 Leaders
The Basel Committee on Banking Supervision has published a report for the G20 Leaders at their Summit in Hangzhou. View Article |
BIS: Frequently asked questions on the revised Pillar 3 disclosure requirements
The Basel Committee on Banking Supervision has issued frequently asked questions (FAQs) on the Basel framework's Pillar 3 disclosure requirements. View Article |
FSB publishes further guidance on resolution planning and fifth report to the G20 on progress in resolution
The guidance papers contribute to the removal of impediments to the orderly and effective resolution of firms. View Article |
EBA publishes an Opinion on the Commission's proposal to bring virtual currency entities in the scope of the Anti-Money Laundering Directive
The EBA welcomed the Commission's proposal to bring virtual currency exchange platforms and custodian wallet providers within the scope of the 4th Anti-Money Laundering Directive. The Authority also makes several recommendations aimed at supporting the proposals. View Article |
EBA provides input based on the Single Rulebook Q&As to the European Commission's CRR-CRD review
The EBA published the outcome of a review of its Single Rulebook Q&As, which provides an overview of possible errors, inconsistencies as well as fundamental issues in relation to the CRR and the CRD observed via the Single Rulebook Q&A tool managed by the ЕВА. View Article |
EBA recommends introducing the Leverage Ratio in the EU
The EBA published its report on the impact assessment and calibration of the Leverage Ratio (LR), recommending the introduction of a LR minimum requirement in the EU to mitigate the risk of excessive leverage. View Article |
EBA publishes RTS on preferential treatment in cross-border intragroup financial support
These RTS further specify the additional criteria listed in the in the context of the liquidity coverage ratio (LCR) Delegated Act for the application of the preferential treatment. View Article |
EBA amends technical standards on benchmarking of internal approaches
The EBA published an amended version, submitted to the EU Commission, of its ITS on benchmarking of internal approaches, for running the 2017 exercise . View Article |
EBA publishes indicators from 36 global systemically important institutions (G-SIIs)
The EBA published indicators from 36 large institutions in the EU, as provided for in the ITS and Guidelines on disclosure rules applicable to institutions whose leverage ratio exposure measure exceeds 200 billion Euro. View Article |
IPE: PensionsEurope warns of unintended consequences of bank capital rules
EU bank capital rules should be amended to address the unintended negative consequences they have for pension schemes using derivatives, the European occupational pensions association has told the European Commission. View Article |
European Parliamentary Research Service: The cost of banking – Recent trends in capital requirements
As the European Banking Authority gets set to release the results of the latest stress tests on 51 major EU banks, EPRS looks at the developing rules on capital requirements for financial institutions in the EU. View Article |
ECB: Addendum to the ECB Guide on options and discretions available in Union law
The Addendum addresses eight options and discretions and is a further step in harmonising supervision of significant banks in the euro area. View Article |
British Bankers’ Association: Correcting a leverage ratio imbalance
The Bank of England reduced interest rates to 0.25 per cent and issued a number of proposals to support the UK’s economy as it faces a period of uncertainty in the wake of the UK’s decision to leave the EU. The importance of one aspect of the proposals, though, has been largely overlooked. View Article |
British Bankers’ Association: Two reasons why a rate cut and quantitative easing may only be part of the story
Rebecca Harding, Chief Economist at BBA, reacted to the BoE's decision to cut interest rates in UK, saying that "policymakers have clearly been troubled by what they see in the immediate aftermath of the referendum result." View Article |
EBA consults on strong customer authentication and secure communications under PSD2
EBA’s consultation paper on draft technical standards will ensure appropriate levels of security, while at the same time maintaining fair competition between all payment service providers and allowing for the development of user-friendly, accessible and innovative means of payment. View Article |
EBA publishes final draft technical standards on separation of payment card schemes and processing entities under the IFR
The EBA published its final draft RTS specifying the requirements with which payment card schemes and processing entities must comply to ensure the independence of their accounting, organisation, and decision-making processes. View Article |
Financial Times: FCA considers approving blockchain businesses
UK consumers are one step closer to using products underpinned by blockchain technology after the financial watchdog said it was considering approving a “small but significant number of firms” using the process behind bitcoin, the cryptocurrency. View Article |
British Bankers’ Association: Liquidity in Pillar 2 proposals: industry response
On top of Pillar 1 liquidity minimum requirement there are other liquidity risks that the PRA believes should be considered as part of the Pillar 2 process, three of which were the subject of the consultation paper. These risks are debt buyback, non-margined derivatives and intraday risk. View Article |
British Bankers’ Association: Strengthening Tax Avoidance Sanctions and Deterrents: what does this mean for the banking sector?
The Government's consultation explores the options for increased penalties for the enablers of failed tax avoidance schemes, which the Government committed to look at during Budget 2016. View Article |