Events listed in [EBA] European Banking Authority
EBA consults on standards for supervisors assessing the new market risk internal ...
ID 22461
The European Banking Authority (EBA) has released its draft Regulatory Technical Standards (RTS) for public consultation regarding the assessment methodology under which competent authorities verify institutions’ compliance with the requirements applicable to their internal models under the Fundamental Review of the Trading Book (FRTB) rules. The RTS are part of phase four of the EBA’s roadmap for new market and counterparty credit risk approaches. ...
EBA consults on amendments to the reporting on the Fundamental Review of the ...
ID 22412
The European Banking Authority (EBA) has launched a public consultation on its draft Implementing Technical Standards (ITS) amending the reporting requirements on the Fundamental Review of the Trading Book (FRTB) approaches for the calculation of own funds requirements for market risks. The proposed amendments will provide supervisors with the necessary tools to monitor institutions’ compliance with the prudential rules. The consultation paper sets out ...
SRB, EBA and ECB Banking Supervision statement on the announcement on 19 March 2023 ...
ID 22373
Swiss authorities took a comprehensive set of actions to ensure financial stability on March 19, 2023 in the context of the acquisition of Credit Suisse by UBS, which was welcomed by the Single Resolution Board, the European Banking Authority, and the European Central Bank Banking Supervision. (eventid=20188 with an emergency regulation by the Swiss Federal Council and eventid=20185 with the [Swiss FINMA approval of ...
5 Q&As on CRR and AMLD: Credit Risk, Customer Due Diligence, Model validation ...
ID 22329
The European Banking Authority (EBA) has published the following 5 new Q&As as regards issues relating to the Capital Requirements Regulation (CRR) & Anti Money Laundering Directive (AMLD): + 2021_5818 – Central Contact Points (AML/CFT) – Establishment and appointment of a CCP Do the agents and distributors who are operating in a Member State (MS) or other MSs under the right of establishment based ...
EBA publishes Handbook on data submission for supervisory benchmarking
ID 22300
The European Banking Authority (EBA) has released a Handbook on supervisory benchmarking of internal models. The online tool offers guidance and links to relevant documents and information for supervisory benchmarking, with overviews for all applicable Q&As related to credit risk, market risk, and IFRS9 benchmarking. Additionally, more detailed information is provided for key credit risk elements of the data submission. The Handbook will be ...
ECB and the ESAs call for enhanced climate-related disclosure for structured ...
ID 22246
The European Supervisory Authorities (ESAs) and the European Central Bank (ECB) have issued a Joint Statement on climate-related disclosure for structured finance products, calling on issuers, sponsors, and originators of structured finance products to proactively collect comprehensive information on climate-related risks during the origination process. The ESAs and ECB believe that enhanced climate-related data are necessary for securitised assets, which are often backed by ...
EBA issues revised list of validation rules
ID 22219
The European Banking Authority (EBA) has issued a revised list of validation rules in its Implementing Technical Standards (ITS), Regulatory Technical Standards (RTS) and Guidelines on supervisory reporting, thereby focusing on data fields that „have been deactivated either for incorrectness or for triggering IT problems“. Failure to comply with validation rules of type „error“ when submitting data to EBA will result in the file ...
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 ...
20 Q&As on CRR: Supervisory reporting and Transparency and Pillar 3
ID 22210
The European Banking Authority (EBA) has published the following 20 new Q&As as regards issues relating to the Capital Requirements Regulation (CRR): + 2022_6598 – Supervisory reporting – FINREP (incl. FB&NPE) – Template F 22.02: Assets involved in the services provided Third party Loan portfolios managed by the institution as loan servicer provider should be reported as memorandum item in template F 22.02? Under ...
EBA GL 2021 12 – GLs on a common assessment methodology for granting ...
ID 22194
On 09 March 2023, the European Banking Authority (EBA) has published an updated version of the compliance table for its „Guidelines on a common assessment methodology for granting authorisation as a credit institution under Article 8(5) of Directive 2013/36/EU“. To recall, these EBA Guidelines (EBA/GL/2021/12) were published in November 2021 to take effect five months from then and shall specify a common assessment methodology ...