For those interested in bank leverage, the European Commission announced a Public Hearing on liquidity coverage requirement and the leverage ratio. The EC “will be hosting a public hearing on 10th March 2014 on the delegated acts on liquidity coverage requirement and leverage ratio under Regulation (EU) No 575/2013 (the CRR). The hearing will be open to representatives… Read More EC Public Hearing on the leverage ratio, March 10
From the FED’s web-site: “The Federal Reserve Board on Tuesday approved a final rule strengthening supervision and regulation of large U.S. bank holding companies and foreign banking organizations. The final rule establishes a number of enhanced prudential standards for large U.S. bank holding companies and foreign banking organizations to help increase the resiliency of their… Read More Federal Reserve Board approves final rule for foreign banks & large U.S. banks
On a lighter side, this presentation is really worth a read: Paul Pfleiderer demonstrates the weaknesses of some established bank finance papers, click here for an informative and entertaining read.
Without any comments from me yet. But yes, it is a rainy day, and this is probably worth spending some time on: the ECB public consultation on the draft ECB SSM Framework Regulation.
This is not a post that intends to empathize with banks. However, it responds to recent comments after the publication of the Basel III leverage ratio rules. Most of us agree that banks should be less levered, but this is not happening at a fast pace. This begs the question: if deleveraging were to be… Read More If deleveraging were to be obvious, then why do banks resist?
Without comments from my side yet: see here ECB’s note on the comprehensive assessment.
With no analysis from my own yet: The European Banking Authority (EBA) announced today the key components of the forthcoming 2014 EU-wide stress test that will be conducted on a wide sample of EU banks. The objective of the EU-wide stress tests is to help supervisors assess the resilience of financial institutions in the European… Read More EBA announces key features of the 2014 EU-wide Stress Test