EBA PUBLISHES FINAL DRAFT TECHNICAL STANDARDS ON THE ALTERNATIVE STANDARDISED APPROACH FOR MARKET RISK AS PART OF ITS FRTB ROADMAP

On 22nd October 2021, the European Banking Authority (EBA) published its final draft Regulatory Technical Standards (RTS) on gross jump-to-default (JTD) amounts and on residual risk add-on (RRAO). These final draft RTS provide technical specifications for the implementation of these two elements of the alternative standardised approach for market risk. The draft RTS are part […]   Continue reading

Information

  Banks and financial intermediaries


  EBA


  Final draft RTS

Posted on 22/10/2021

 

ESAs PROPOSE NEW RULES FOR TAXONOMY-RELATED PRODUCT DISCLOSURES

On 22nd October 2021, the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have delivered to the European Commission (EC) their Final Report with draft Regulatory Technical Standards (RTS) regarding disclosures under the Sustainable Finance Disclosure Regulation (SFDR) as amended by the Regulation on the establishment of a framework to facilitate sustainable investment […]   Continue reading

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  Banks and financial intermediaries


  ESAs


  Final draft RTS

Posted on 22/10/2021

 

ESAs INVITE STAKEHOLDERS’ INPUT ON PRIIPs REVIEW

On 21st October 2021, the European Supervisory Authorities (ESAs) have opened a call for evidence regarding the PRIIPs (Packaged retail and insurance-based investment products) Regulation. The input provided will feed into the ESAs’ technical advice to the European Commission on a review of the key information document (KID) for PRIIPs. The ESAs are requesting information […]   Continue reading

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  Banks and financial intermediaries


  ESAs


  Communication

Posted on 22/10/2021

 

EBA PUBLISHES FINAL DRAFT REGULATORY TECHNICAL STANDARDS ON DISCLOSURE OF INVESTMENT POLICY BY INVESTMENT FIRMS

On 19th October 2021, the European Banking Authority (EBA) published new regulatory technical standards (RTS) on disclosure of investment policy by investment firms. The final draft RTS put forward comparable disclosures that should help stakeholders understand investment firms’ influence over the companies in which they hold voting rights and the impact of investment firms’ policies […]   Continue reading

Information

  Investment firms


  EBA


  Final draft RTS

Posted on 19/10/2021

 

EBA UPDATES VERSION 5.1 OF ITS FILING RULES FOR SUPERVISORY REPORTING

On 19th October 2021, the European Banking Authority (EBA) published an updated version of its 5.1 filing rules document for supervisory reporting. In particular, the update modifies rule 1.6 to simplify the use of the filing indicator by removing the option “empty filing” indicator. This updated rule must be followed for all the submissions and […]   Continue reading

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  Banks


  EBA


  Filing rules

Posted on 19/10/2021

 

EBA POINTS TO STILL ELEVATED BENCHMARK RATE TRANSITION RISKS

On 14th October 2021, the European Banking Authority (EBA) published a thematic note on the transition risks of benchmark rates as LIBOR (the London Interbank Offered Rate) and EONIA (the Euro Overnight Index Average) – two major benchmark interest rates – are close to being phased out. A very high percentage (more than 25%) of […]   Continue reading

Information

  Banks


  EBA


  Note

Posted on 14/10/2021

 

EBA UPDATES RISK ASSESSMENT INDICATORS

On 7th October 2021, the European Banking Authority (EBA) published an updated list of indicators for risk assessment and risk analysis tools, together with the accompanying methodological guide. Without adding any reporting burden neither on reporting institutions nor on competent authorities, this guidance describes how risk indicators are computed in EBA publications and allows competent […]   Continue reading

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  Reporting institutions and competent authorities


  EBA


  Updated indicators

Posted on 7/10/2021

 

EBA RISK DASHBOARD POINTS TO STABILISING RETURN ON EQUITY IN EU BANKS BUT CHALLENGES REMAIN FOR THOSE BANKS WITH EXPOSURES TO THE SECTORS MOST AFFECTED BY THE PANDEMIC

On 6th October 2021, the European Banking Authority (EBA) published its Risk Dashboard for the second quarter (Q2) of 2021. The data indicate that banks are benefitting from the economic recovery with RoE remaining broadly similar to the previous quarter. Capital ratios remained stable and there was a further decline in NPL ratios. Operational risks […]   Continue reading

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  Banks and financial intermediaries


  EBA


  Risk Dashboard

Posted on 7/10/2021

 

THE EBA PUBLISHES ITS REGULAR MONITORING REPORT ON BASEL III FULL IMPLEMENTATION IN THE EU

On 29th September 2021, the European Banking Authority (EBA) published its regular monitoring Report of the full implementation, in 2028, of the final Basel III reforms in the EU. According to this assessment, which is carried out using the same methodology as the one applied by the Basel Committee on Banking Supervision (BCBS), the full […]   Continue reading

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  Banks and financial intermediaries


  EBA


  Report

Posted on 30/9/2021

 

FIRMS AND BANKS TO BENEFIT FROM EARLY ADOPTION OF GREEN POLICIES, ECB’S ECONOMY-WIDE CLIMATE STRESS TEST SHOWS

On 22nd September 2021, the European Central Bank (ECB) published the results of its economy-wide climate stress test. The exercise tested the impact of climate change on more than four million firms worldwide and 1,600 euro-area banks under three different climate policy scenarios. The results show that firms and banks clearly benefit from adopting green […]   Continue reading

Information

  Banks and financial intermediaries


  ECB


  Press release

Posted on 23/9/2021