Events listed in Capital Requirements Directive (CRD IV)
Règlement CSSF N° 23-02 du 30 juin 2023
ID 23969
The CSSF published Regulation N° 23-02 of 30 June 2023 on the fixation of the counter-cyclical buffer rate for Q3 2023. In accordance with Article 59-7 of the Law of 5 April 1993 on the financial sector, based on the documented elements in Appendix 1 (Elements considered for setting the applicable countercyclical buffer rate) and the recommendation of the Systemic Risk Committee of 8 ...
Zinsanstieg und Gewerbekredite: BaFin hat Vorsorge der Kreditinstitute im Blick
ID 23830
In einer Publikation informiert die BaFin über eine Rede von Raimund Röseler, Exekutivdirektor Bankenaufsicht der BaFin, die er am 21. Juni 2023 auf einer DK-Veranstaltung in Frankfurt am Main gehalten hat. In dieser Rede gab Raimund Röseler ein Update über die aktuelle Situation der deutschen Kreditinstitute in Anbetracht des jüngsten Zinsanstiegs und der damit verbundenen Risiken. Er betonte, dass die deutschen Kreditinstitute den abrupten ...
A Common Path to Improve European Climate Risk Stress Testing and Scenarios Analysis
ID 23828
The report entitled “A Common Path to Improve European Climate Risk Stress Testing and Scenarios Analysis“ was published by AFME and Oliver Wyman. The report addresses the challenges faced by EU banks in climate risk stress testing and provides recommendations for improvement. According to the report, EU banks have made significant progress in enhancing their understanding and analysis of climate risks since the last ...
The EBA publishes the final amending ITS on supervisory disclosure under CRD
ID 23790
EBA published its final draft amending ITS on supervisory disclosures. These amendments specify the format, structure, contents list, and annual publication date of the supervisory information that competent authorities must disclose. The changes aim to align the ITS with the updated EU legal framework, particularly the changes related to supervisory reporting and investment firms. The amended draft ITS enhance the quality and comparability of ...
BSI-Standard 200-4 verhilft mit Business Continuity Management zu ganzheitlicher ...
ID 23705
Das BSI hat den finalen BSI-Standard 200-4 für das Business Continuity Management (BCM) vorgestellt. Dies geschah im Rahmen des 3. IT-Grundschutz-Tages 2023 (bitte eventid=21217 beachten). BCM ist ein ganzheitlicher Prozess, der u.a. darauf abzielt, Unterbrechungen des IT-Betriebs zu minimieren. Der neue Standard zielt darauf ab, praxisnah, handhabbar und anpassungsfähig zu sein und spricht sowohl unerfahrene als auch erfahrene Anwender an. Er ist auf Institutionen ...
PROVVEDIMENTO 31 maggio 2023 : Segnalazione in materia di esternalizzazione di ...
ID 23688
Published in the Italian Official Gazette (Gazzetta ufficiale) No. 136 on 13 June 2023, the Bank of Italy Provision of 31 May 2023, provides provisions regarding the reporting on the outsourcing of company functions for supervised intermediaries. The **objective of this reporting is to gather information regarding the outsourcing contracts entered into by supervised intermediaries, the service providers and subcontractors, as well as the ...
EBA publishes final draft technical standards specifying the data collection for ...
ID 23567
EBA has released the final draft ITS outlining the data collection process for the benchmarking exercise in 2024. This exercise focuses on assessing credit risk, market risk, and IFRS9 models. The key change compared to the previous year’s data collection is the inclusion of accounting metrics (IFRS9) for HDP. For market risk, new templates have been added to collect additional information, specifically the **DRC ...
Komunikat ws. decyzji podjętych przez Komisję Nadzoru Finansowego w dniu 31 maja ...
ID 23480
The Polish Financial Supervision Authority (KNF) has published a press release to inform of several decisions that the KNF made at its bi-weekly meeting on May 31, 2023. These include the following, among others: 1. The participants agreed not to object to an acquisition of Bank Handlowy w Warszawie SA in the excess of 50% of voting share capital by Citigroup Inc. via its ...
EBA updates on the definition of a large decline of net interest income in relation ...
ID 23009
EBA released an Opinion in response to the EC’s amendments relating to the Draft Regulatory Technical Standards specifying supervisory shock scenarios, common modelling and parametric assumptions and what constitutes a large decline for the calculation of the economic value of equity and of the net interest income in accordance with Article 98(5a) of Directive 2013/36/EU final report. **EBA confirmed its close scrutiny of the ...