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Member States sign agreement on bank resolution fund
Representatives of 26 EU Member States today signed an intergovernmental agreement onthe transfer and mutualisation of contributions to a single resolution fund that will beestablished as part of Europe's Banking Union.
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Barnier: State of the (Banking) Union
Michel Barnier took stock of developments in the Banking Union and more broadly in financial regulation reform as an illustration of the EU’s added value to economic recovery.
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Bloomberg: EU lawmakers push back against ECB on bank creditor loss rules
European Union lawmakers said the European Central Bank shouldn’t try to influence how losses are imposed on creditors at banks that must resort to public funds in the aftermath of a health check this year.
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FT: Europe banks face clampdown on debt sales
The EBA is concerned about the sale of bank debt that could be bailed-in if the bank’s capital got too low or it faced bankruptcy. Over the past few months, banks have rushed to sell larger amounts of debt that can be converted into equity as they attempt to strengthen their capital buffers.
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EBA 2013 Annual Report
The past year has been characterised by difficult market conditions for the EU banking sector and by a complex process of institutional and regulatory repair. The Annual Report illustrates the progress achieved by the EBA towards a more stable banking and financial sector in the European Union.
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EBA publishes revised list of incorrect ITS validation rules
The EBA issued a revised list of incorrect validation rules found in its Implementing Technical Standards (ITS) on supervisory reporting. The Authority informed that data submitted in accordance with these ITS should not be validated against the previously published set of incorrect rules.
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EBA publishes opinion on measures to address macroprudential or systemic risk
The EBA published an opinion following the notification by the National Bank of Belgium (NBB) of its intention to modify capital requirements in order to address an increase in macroprudential or systemic risk that could have a severe impact on the financial system and the Belgian real economy.
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EPC consults on the evolution of SEPA Credit Transfer and SEPA Direct Debit schemes
The EPC launched a three-month public consultation on possible modifications to the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks. The EPC encourages all Single Euro Payments Area (SEPA) stakeholders to provide feedback by 15 August 2014.
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BCBS/Ingves: Global liquidity regulation, supervision and risk management
Mr Stefan Ingves, Chairman of the BCBS, concluded that regulators don't run banks, and ultimately it is for the banking industry to learn from recent experience to ensure it betters measures, manages and prices liquidity risk in the future.
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Markets Media: Banks face 2016 risk deadline
Global systemically important banks, or G-SIBs, are having a tough time complying with principles laid down by the Basel Committee on Banking Supervision for risk data aggregation and risk reporting.
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Call for papers for EBA policy research workshop
EBA launched a call for research papers in view of its third policy research workshop taking place on 25-26 November 2014 in London on the topic "How to measure the riskiness of banks".
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