zeb.RegulatoryNews
zeb.RegulatoryNews
The Committee issues this newsletter to provide greater detail on its internal discussions regarding Covid-19 related credit risk issues. The Committee believes the information provided may be useful for both supervisors and banks in their day-to-day activities. It mainly deals with the increased challenges banks face when assessing the credit…
The EBA published its report on the implementation of the European Systemic Risk Board (ESRB) Recommendation on identifying legal entities. Following the ESRB Recommendation, the EBA was requested to deliver to the European Parliament, the European Council, the European Commission and the ESRB, a Report on its implementation. The report…
The results of the working paper show that, although EBA variables explain most part of credit risk provisions, there is evidence about the role played by bank-level variables, banking sector features in each country, and the specific characteristics of the portfolio in explaining part of the provisions. Moreover, the results also indicate the…
In view of the situation in Ukraine, the sanctions regime has been amended by the European Union (EU) in respect of restrictive measures concerning actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine. With this message the AFM informs institutions under its supervision about these sanctions. In…
The Council today adopted a package of measures in response to the decision by the Russian Federation to recognise the non-government-controlled areas of Ukraine's Donetsk and Luhansk regions as independent and the subsequent decision to deploy Russian troops to these areas. The package agreed today includes: Targeted restrictive measures,…
The EBA published the findings of its assessment of competent authorities’ responses to the 2020 Luanda leaks. The EBA found that competent authorities across the EU adopted significantly different approaches for identifying and tackling money laundering (ML) and terrorist financing (TF) risks highlighted by the leaks. These approaches varied…
The primary objective of the proposed European Digital Identity Wallet is to promote trusted digital identities for all Europeans allowing users to be in control of their own online interactions and presence. It can be seen as a combination of several products and trust services that enables users to securely request, obtain and store their…
The EBA published its Reports on the annual market and credit risk benchmarking exercises. These exercises aim at monitoring the consistency of risk weighted assets (RWAs) across all EU institutions authorised to use internal approaches for the calculation of capital requirements. Regarding market risk, for the majority of participating banks,…
Investment funds play a key role in the European capital markets union, helping investors to allocate their capital efficiently. We assessed the suitability of the regulatory framework, the EU’s efforts to create similar and effective supervision in all Member States as well as its investor protection and financial stability work. We found that…
On the agenda of the IASB video conference are the topics: