This week and the last, the Reserve Bank of New Zealand published two speeches discussing the strength of our financial system. It has been a while that I heard Geoff Bascand and Toby Fiennes on this topic, their speeches were as welcome as they were overdue. Geoff encouraged banks to be courageous. To support the… Read More Balls please, no horses
In a dash for more transparency, the Reserve Bank launched the Bank Financial Strength Dashboard. This is a truly innovative on-line tool for sharing prudential and financial information on New Zealand banks. The Dashboard contains more than 100 individual metrics on the financial strength of banks. The RBNZ updates the information every quarter. A world standard for bank disclosures? Compared to… Read More RBNZ launches The Dashboard: an innovation in prudential bank disclosures
Pipped to the post by EBA, now Basel offers a new look on bank disclosures, see the Review of the Pillar 3 disclosure requirements. I shall comment later, but please do not let me put you off from commenting: Disclosure rules offer a means of compelling banks to be more transparent. The deadline for comments is September… Read More Jay! Basel offers new ideas on disclosures – consultation paper
The European Banking Authority published its final draft Implementing Technical Standards (ITS) on disclosure for the leverage ratio. These draft ITS include all the items that are relevant for leverage ratio disclosure under EU bank rules, in line with the Basel disclosure framework. The disclosure framework offers four templates: a template reconciling the figures of the… Read More EBA publishes leverage ratio disclosure templates
You must be logged in to post a comment.