Will EBA will ever get it right when it comes to banks disclosures? After last week’s publication of proposed disclosure guidelines for banks, I am afraid that European bank disclosures will remain the wallflower of bank regulation … for some time at least. In the year of the AQR and the stress test, one would expect the… Read More EBA’s ongoing struggle with bank disclosures
The European Banking Authority (EBA) released today its methodology and macroeconomic scenarios for the 2014 EU-wide stress test. While the extensive process of banks’ balance sheet repair is already underway, the test, designed to assess banks’ resilience to hypothetical external shocks, will identify remaining vulnerabilities in the EU banking sector and will provide a high… Read More Jay! EBA publishes the 2014 EU-banks stress test methodology
Following on from my earlier post on multiples, EBA just published its last draft technical standards on bank capital (own funds). EBA looked into two dimensions of payments on own funds instruments: one related to multiple distributions and the other to preferential distributions. According to EBA, preferential distributions exist when holders of CET1 instruments have… Read More Jay! EBA publishes final draft technical standards on own funds (Part IV)
With the new EU banks rules stacking up rapidly, the demand for road-maps on regulation increases. The EU offers a neat one: the overview and state of play of RTS relating to CRR / CRD IV. It shows that progress has been made. However, still Europe has plans for many new standards. Gleaning from the chart, the EC and… Read More EU publishes a neat overview of progress on technical standards for banks.
The European Central Bank (ECB) published a detailed manual providing guidelines for authorities and their third-party supporters in carrying out on-site inspection aimed at checking the quality of the biggest banks’ assets in the bloc. Click here for the manual. Or here if the first link does not work. Click here for the Comprehensive Assessment… Read More Jay! The ECB’s AQR manual is out
Without comments from my own: the European Banking Authority (EBA) published today a report on the leverage ratio which provides a policy analysis and a quantitative assessment of the impact that would derive from aligning the current Capital Requirements Regulation (CRR) definitions of the leverage ratio’s exposure measure to the revised standard published by the… Read More EBA reports on impact of possible leverage ratio definitions
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
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
The Council of the European Union adopted regulation regarding regulatory technical standards on the consistent application of calculation methods of solvency for financial conglomerates. This is a complicated piece of regulation that should stop financial conglomerates turning themselves into a risk for financial stability. This should be Europe’s answer to the somewhat weakened implementation of… Read More Tight new rules for conglomerate solvency calculations are out.