Events listed in report / study
CFRF Scenario Analysis: Learning from the 2021/22 Climate Biennial Exploratory ...
ID 22415
The Climate Financial Risk Forum (CFRF) – comprised of representatives of the FCA (Financial Market Conduct Authority), the PRA (Prudential Regulation Authority), and from industry – has published a report entitled Learning from the 2021/2022 Climate Biennial Exploratory Scenario (CBES) Exercise in the UK: Survey Report. Therein, the CFRF primarily outlines the key findings from a survey and interviews among participants of the *2021/2022 ...
Vollständiger Geschäftsbericht 2022
ID 22398
Die Schweizerische Nationalbank (SNB) veröffentlichte ihren vollständigen Geschäftsbericht 2022: Die SNB betont darin Ihre Verantwortung für die Geldpolitik der Schweiz mit dem vorrangigen Ziel, die Preisstabilität unter Berücksichtigung der wirtschaftlichen Entwicklung zu gewährleisten, ihr geldpolitisches Konzept beinhaltet die Definition von Preisstabilität, die Verwendung von Inflationsprognosen als Hauptindikator und die Beschreibung, wie die Bank ihre Geldpolitik durch ...
Nadzór nad wypełnianiem obowiązków informacyjnych przez emitentów papierów ...
ID 22322
The Polish Financial Supervision Authority (KNF) has issued a press release to announce that is has published a Report on the financial disclosures of issuers in 2022. The report presents information on the findings of the Authority from its recent review of (financial) disclosures, thereby addressing selected financial reporting issues, to which attention should be drawn when preparing financial statements for subsequent reporting periods. ...
Central Bank sets out regulatory and supervisory priorities for 2023
ID 22285
The Central Bank Deputy Governors Derville Rowland and Sharon Donnery addressed the 2023 regulatory and supervisory priorities during an event held by the Institute of Banking. This discussion built on a previous priorities letter issued to regulated firms. Donnery emphasized the challenging macro-financial environment and the need for effective regulation and supervision. The focus will be on maintaining resilience within the financial system and ...
Countering Ransomware Financing
ID 22265
The Financial Action Task Force (FATF) has published a new Countering Ransomware Financing report, highlighting the dramatic increase in financial flows related to ransomware attacks in recent years. The increase in such attacks is due to new techniques, such as targeting large, high-value entities and ransomware as a service. The report emphasizes the dire consequences of ransomware attacks, including damage and disruption to critical ...
Report on “Cross-boundary Payment and Settlement Systems in the Greater Bay Area: ...
ID 22259
The Hong Kong Monetary Authority has issued a press statement to inform that the Hong Kong Institute for Monetary and Financial Research (HKIMR), „the research arm of the Hong Kong Academy of Finance (AoF)“, published a new report entitled “Cross-boundary Payment and Settlement Systems in the Greater Bay Area: Current Practices and Recent Developments”. The report provides an overview of the current status of ...
Bank of England report on climate-related risks and the regulatory capital ...
ID 22243
The Prudential Regulation Authority (PRA) has published a new report entitled climate-related risks and the regulatory capital frameworks. The report provides an update on the activities and findings since the last publication of a similar report in 2021, the so-called Climate Change Adaptation Report 2021. The 2021 outlined the then current framework for capturing climate-related risks in the banking and insurance sector, including the ...
Understanding climate-related disclosures of UK financial institutions
ID 22228
The Prudential Regulation Authority, PRA, has published a new working paper in which it presents the findings from voluntary climate-related disclosures of UK banks and insurance undertakings. The paper thereby specifically looks at – the scope of the disclosures altogether; – the comparability of the disclosures; – the factors that seem to incentivize or keep firms to make these disclosures; and – the possible ...
Guidance on Beneficial Ownership of Legal Persons
ID 22223
The FATF published it Guidance on Beneficial Ownership of Legal Persons, specifying Recommendation 24 of the FATF Recommendations. As a reminder, at the March 2022 Plenary, the FATF adopted amendments to Recommendation 24, and agreed to immediately start the work to update guidance on beneficial ownership, with a view to help support the implementation of the new requirements. The FATF’s revised **Recommendation 24 requires ...
EBA publishes annual assessment of banks’ internal approaches for the calculation ...
ID 22211
The European Banking Authority (EBA) has published the supervisory benchmarking (BM) exercise of 2022 in relation to the internal approaches used in market and credit risk and IFRS9 accounting. The exercise was performed on a sample of 41 European banks, covering the entire population of EU banks with internal models for market risk. The results identified outliers that were examined by competent authorities, but ...