Events listed in Basel Standards
AFME welcomes the UK PRA’s publication of elements of Basel 3.1 standards ...
ID 26211
AFME has expressed its approval of the UK PRA release of key components of the Basel 3.1 standards, marking a significant step in implementing post-financial crisis reforms (eventid=24391). These standards, originally agreed upon in December 2017, are crucial for maintaining the UK’s status as a leading international financial center. AFME emphasized the importance of aligning with international standards, considering the role of the UK ...
PS17/23 – Implementation of the Basel 3.1 standards near-final part 1
ID 26199
The Prudential Regulation Authority (PRA) has published a first policy statement (PS17/23) which includes „near final rules“ to implement the remaining Basel III standards that have not yet been introduced into the regulatory framework for the prudential supervision of banks, building societies, investment firms, and financial holding companies in the UK. The document is a „first“ policy statement in that it does not cover ...
Operating the Interim Capital Regime
ID 26198
As announced in its concurrently published policy statement (PS17/23) (see EventID 24391), the Prudential Regulation Authority (PRA) has now issued a new near final statement of policy (SoP) on the operation of the Interim Capital Regime (ICR) – particularly as it relates to „simpler-regime firms“ or better „Small Domestic Deposit Takers“ (SDDTs). To recapture, the noted policy statement permits SDDTs and consolidated group SDDTs ...
AFME welcomes political agreement on EU implementation of final Basel III standards
ID 26105
AFME has welcomed the political agreement reached by the EP and the European Council on the implementation of the final Basel III standards in the EU. This agreement, encompassing the CRR3 and CRD6 proposal, signifies the completion of a rigorous regulatory program aimed at enhancing standards and constraints for credit institutions. AFME emphasizes the positive impact on strengthening banks‘ resilience and recognizes their vital ...
Änderung der Eigenmittelverordnung zur Umsetzung der finalen Basel III Standards ...
ID 25991
Der Bundesrat hat die Änderung der Eigenmittelverordnung zur Umsetzung der finalen Basel III Standards verabschiedet. Sie tritt am 1. Januar 2025 in Kraft. Die nationale Umsetzung zielt darauf ab, risikobehaftete Bereiche im Bankensektor mit mehr Eigenmitteln zu unterlegen und weniger risikoreiche Bereiche mit weniger Eigenmitteln zu versehen. Basel III zielt als Reformpaket des BCBS darauf ab, die Risikosensitivität der Eigenmittelunterlegung zu erhöhen und den ...
Regulatory Capital Rule: Large Banking Organizations and Banking Organizations With ...
ID 25543
As previously announced by the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (FED), **the regulators have now published in the Federal Register the extended deadline for the submission of comments on their proposed new rule to modify the capital requirements of large financial institutions in the U.S. ...
Risk-Based Capital Surcharges for Global Systemically Important Bank Holding ...
ID 25520
As previously announced by the Board of Governors of the Federal Reserve System (FED), the regulator has now published in the Federal Register the extended deadline for the submission of comments on its proposed adjustments to the calculation of the capital surcharge for the largest and most complex banks. Specifically, the FED is extending the deadline from November 30, 2023 to January 16, 2024 ...
Federal Reserve Board launches data collection to gather more information from the ...
ID 25438
In view of proposed new rules to modify and enhance the capital requirements of large financial institutions in the U.S. and to make essential changes to the risk-based capital surcharges for global systemically important bank holding companies (please see EventID 22526 in this context for more information), the Board of Governors of the Federal Reserve System (FED), the Office of the Comptroller of the ...
Leverage ratio and risk-taking: theory and practice
ID 25431
The Prudential Regulation Authority, PRA, has published a new working paper titled „Leverage ratio and risk-taking: theory and practice“ in which it presents the findings from an analysis of the impact of leverage ratio requirements upon institutions‘ risk taking behavior and thus stability in the UK financial market. Minimum leverage ratio requirements which require a minimum fraction of Tier 1 capital (equity / retained ...
Agencies Extend Comment Period on Proposed Rules to Strengthen Large Bank Capital ...
ID 25429
In view of their joint ongoing consultation on a new rule to modify the capital requirements of large financial institutions in the U.S. (please see EventID 22526 and EventID 23018 in this context for more information), the key U.S. banking regulators – the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the ...