Events listed in Capital Requirements Directive (CRD IV)
The EBA consults on Guidelines on internal policies, procedures and controls to ...
ID 26442
EBA has launched a public consultation on two sets of guidelines aimed at enhancing internal policies, procedures, and controls to ensure the implementation of Union and national restrictive measures. These measures, which encompass financial sanctions and embargoes, are binding on individuals and entities within Member States. The guidelines seek to establish a common understanding among PSPs, CASPs, and their supervisors, with the overarching goal ...
The EBA provides guidance on the benchmarking of diversity practices under the ...
ID 26330
EBA has issued final Guidelines on benchmarking of diversity practices, including diversity policies and gender pay gap under CRD and IFD and a Decision on supervisory reporting on diversity benchmarking. The guidelines aim to increase transparency, data quality, and awareness regarding diversity and gender equality within financial institutions. The scope includes institutions and investment firms that are obligated to furnish data on the diversity ...
The EBA publishes roadmap on the implementation of the EU Banking Package
ID 26282
EBA has published a roadmap outlining the implementation of the EU Banking Package, which incorporates the final Basel III reforms in the EU. The roadmap aims to strengthen the prudential framework, ensure an international level playing field, and provide clarity to the industry on the development of mandates implementing the legislation. It also emphasizes the importance of a robust regulatory framework, efficient supervision, and ...
The EU banking sector remains resilient despite pockets of risk stemming from the ...
ID 26215
EBA has released its annual risk assessment of the EU banking system, accompanied by the 2023 EU-wide transparency exercise. The report indicates the resilience of the EU banking sector post the March banking turmoil, with high capitalization, a strong CET1 ratio at 16%, and underlying profitability supporting bank payouts. Despite elevated interest rates contributing to widening interest margins, there are potential risks due to ...
Progress on financial services legislative files
ID 26099
The Economic and Financial Affairs Council (ECOFIN) has published a revised version of its document containing „information from the Presidency concerning the state of play of legislative proposals in the field of financial services“ of 8 December 2023. It distinguishes different colour-coded stages of each file. The changes from the previous version are as follows: 1. The Council „adopted„ the final draft of the ...
EBA issues Opinion on a measure to address macroprudential risk following a ...
ID 26010
EBA issued an Opinion in response to a notification by the Ministry of Business, Industry, and Financial Affairs of Denmark. The Ministry intended to apply Article 133 CRD to activate a new SyRB, introducing a 7% systemic risk buffer rate for certain exposure categories in Denmark, specifically targeting real estate activities and construction projects. The goal is to enhance banks‘ capacity to absorb unexpected ...
Opinion of the European Systemic Risk Board of 3 August 2023 regarding the existing ...
ID 25184
In June 2023, the European Systemic Risk Board (ESRB) received notice from the Norwegian Ministry of Finance about a proposed measure regarding the imposition of Other Systemically Important Institution (O-SII) buffers on certain banks in accordance with Article 131 of the Capital Requirements Directive (CRD). The proposal aims to set a 2% O-SII buffer for one bank and a 1% buffer for three other ...
DNB handhaaft de Contracyclische Kapitaalbuffer op 2 procent
ID 25148
On 31 May 2023, a decision was made to increase the CCyB to 2%, please also see EventID#23027. Banks in the Netherlands with outstanding loans were required to comply with this by 31 May 2024. Since this announcement, there hasn’t been a significant change in the risk environment, so there is no reason to change the previous decision to increase the CCyB. The **purpose ...
Notice 2023 relative aux modalités de calcul et de publication des ratios ...
ID 24096
The present Notice 2023 aims to promote transparency and predictability in the calculation and publication of prudential ratios within the scope of CRD IV and MREL. The notice incorporates regulations stemming from EU directives and regulations, including CRR, CRR2, CRD IV, IFR, IFD, and BRRD, which align with the standards set by the Basel Committee in the European context. The notice **clarifies the supervisory ...
User Guide for remuneration reporting
ID 24014
The present User Guide for Remuneration Reporting, published on 3 July 2023 by the CSSF, specifies three CSSF Circulars that adopt EBA Guidelines on remuneration data collection exercises. These exercises are mandated by the CRD and IFD frameworks and encompass various aspects of remuneration practices. The Circulars mentioned are: 1. Circular CSSF 23/836, adopting the EBA Guidelines on benchmarking exercises for remuneration practices, gender ...