Events listed in report / study
L’AMF publie la synthèse d’une troisième campagne de contrôles ...
ID 26467
The AMF has released a summary of its third thematic cybersecurity controls on asset management companies, emphasizing the significance of cyber risk in its risk mapping. The assessment is aligned with the impending implementation of DORA. The AMF focused on examining the cyber risk supervision mechanisms of five establishments in their relationships with key IT service providers and partners. Encouraging companies to strengthen their ...
TRANSITIENIEUWS – Uitkomst onderzoeken over beheersing datakwaliteit bij ...
ID 26464
DNB publishes an artcle with the outcome of an investigation, conducted in 2023, into the management of data quality by Dutch pension funds before, during, and after the transition. Despite the funds claiming adherence to the Good Practice guidelines for data quality assurance, the study revealed that not all have implemented steps 1 to 3 of the Good Practice. Step 1: Some data quality ...
Revised Policy Recommendations to Address Structural Vulnerabilities from Liquidity ...
ID 26439
The present document represents the Revised FSB Recommendations as a response to the potential liquidity mismatch in OEFs. These recommendations supersede Section 2 of the initial 2017 FSB Recommendations and are part of the FSB’s NBFI work program, to be considered alongside the IOSCO Guidance on Anti-Dilution LMTs. As a reminder, the **2017 FSB Recommendations aimed to enhance regulatory reporting, promote liquidity management, expand ...
EU banks’ liquidity coverage ratio declined but remains well above the minimum ...
ID 26417
EBA published its Report on liquidity measures, assessing liquidity coverage requirements in the EU. The report covers the period between June 2022 and June 2023, revealing a decline in the EU banks‘ LCR. While the LCR remained comfortably above the minimum requirement, it experienced a 3-percentage-point drop, ending at 163% as of June 2023. This decrease was attributed to fluctuations in the components of ...
Asset Management
report / study
FR15/23 Anti-dilution Liquidity Management Tools – Guidance for Effective ...
ID 26415
IOSCO published its Final Report on Anti-dilution Liquidity Management Tools: Guidance for Effective Implementation of the Recommendations for Liquidity Risk Management for Collective Investment Schemes. The report addresses liquidity risk and its management in OEFs during the Covid-19 induced market turmoil. It emphasizes the **importance of effective liquidity risk management and the use of LMTs to mitigate investor dilution and potential first-mover advantage arising ...
ESMA presents methodology for climate risk stress testing and analysis of the ...
ID 26395
ESMA has published two articles addressing critical aspects of sustainable finance. The first article outlines a methodology for dynamically modeling the impact of climate-related shocks on the investment fund sector. It focuses on asset price shocks, investor flows, and portfolio rebalancing, aiming to assess the overall direction and sequencing of these effects. The dynamic modeling is a part of ESMA’s mandate from the EC ...
FINMA veröffentlicht Bericht und Lehren zur Credit-Suisse-Krise
ID 26379
Die FINMA hat einen umfassenden Bericht über die Krise der Credit Suisse veröffentlicht, der den Zeitraum von 2008 bis 2023 abdeckt. Der Bericht geht auf die Strategie der Bank, Geschäftsleistung, Führungsentscheidungen, Risikomanagement und Krisenvorbereitung ein. Zu den wichtigsten Erkenntnissen gehört der Verlust des Vertrauens in die Credit Suisse aufgrund mangelhafter Umsetzung der strategischen Ausrichtungen, wiederholter Skandale und Führungsfehler. Die daraus resultie ...
The Bank of England’s supervision of financial market infrastructures – ...
ID 26352
The Bank of England (BoE) has published its annual report on the supervision of financial market infrastructures (FMIs). The report covers the period from December 15, 2022 through December 16, 2023 and primarily describes the Bank’s supervisory focus and corresponding activities in the following three key areas: (1) The enhancement of the financial resilience of FMIs, particularly central counterparties (CCPs); (2) The improvement of ...
Banks and insurance have key role to play in reducing climate-related financial ...
ID 26351
The ECB and the ESRB jointly released a comprehensive report addressing the implications of climate change on the EU financial system. The report introduces three frameworks to assess climate risks in relation to financial stability: risk surveillance, macroprudential policy, and broader risks associated with nature degradation. Indeed, the first framework focuses on financial stability risk surveillance, emphasizing advancements in measuring and modeling climate risk ...
An increase in the current deposit coverage level of EUR 100,000 would have limited ...
ID 26337
EBA released a comprehensive report following a simulation and analysis of the deposit coverage level, responding to a request from the EC. The focus of the analysis is on the current coverage level of EUR 100,000 across the EEA. The findings indicate that under the existing coverage, 96% of depositors are fully covered, ensuring they would be reimbursed the full amount of their deposits ...