The Committee of European Banking Supervisors (CEBS) today published guidelines establishing a standardised financial reporting framework (FINREP) for credit institutions operating in the EU. This framework will enable credit institutions to use the same standardised data formats and data definitions for prudential reporting in all countries where the framework will be applied.
CEBS has published guidelines on the Application of the Supervisory Review Process under Pillar 2. The supervisory review process is a central component of the new Capital Requirements Directive (CRD).
The Committee of European Banking Supervisors (CEBS) is today publishing additional technical guidance to complement the CEBS guidelines on the Supervisory Review Process issued in January 2006 in the area of stress testing.
The Committee of European Banking Supervisors (CEBS) today publishes its revised Guidelines on the management of concentration risk under the supervisory review process and Position paper on the recognition of diversification benefits under Pillar 2.
The European Banking Authority launches today a consultation paper on draft Regulatory Technical Standards (RTS) to define the conditions and methodologies used to determine the overall exposure to a client or group of connected clients resulting from a transaction with underlying assets and the risks inherent in the structure of the transaction itself. The consultation runs until 16 August 2013.
The European Parliament has commissioned two studies reviewing the European System of Financial Supervision (ESFS). These studies will inform the deliberations of the European Parliament, in particular its Committee on Economic and Monetary Affairs’ (ECON).
The EBA agreed today on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe.
The European Banking Authority (EBA) publishes today its third report of the Basel III monitoring exercise on the European banking system.
Andrea Enria's Lectio Magistralis at the University of Trento: "The crisis in Europe, the impact on banks and the authorities’ response"
The EBA publishes today a report on the results of the Basel III monitoring exercise, as a follow-up to the comprehensive European quantitative impact study (EU-QIS) conducted to analyse the impact of the new requirements and published in December 2010.
The Joint Committee of the European Supervisory Authorities (Joint Committee) has published today its first Report on Risks and Vulnerabilities in the European Union’s (EU) Financial System.
The EBA announced a new round of stress tests
Concrete next steps and timeline of the 2011 EU-wide stress test exercise
These draft RTS intend to specify the range of scenarios to be designed by financial institutions when testing their recovery plans.
The European Banking Authority (EBA) releases today the interim results of its investigation on risk-weighted assets (RWAs) in the banking book aimed at identifying any material difference in RWA outcomes and at understanding the sources of such differences. This report, which illustrates the outcomes of the first phase of the investigation, is part of a wider EBA analysis on the consistency of RWAs, whose ultimate objective is to better understand the differences in the calculation of RWAs and, if need be, to formulate the necessary policy solutions to enhance convergence between banks and to improve disclosure.
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published a warning to retail investors about the dangers of investing in contracts for difference (CFDs)
CEBS has today submitted its comments on the EU Commission green paper on corporate governance in financialinstitutions and remuneration policies.
The Chairperson of the European Banking Authority spoke today at the Belgian Financial Forum Conference on "Banking Supervision: towards an EU Single Rulebook"
The European Banking Authority (EBA) launched today a consultation on Draft Regulatory Technical Standards (RTS) on the concept of Gain on Sale associated with future margin income in a securitisation context. These RTS will be part of the single rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 12 August 2012. A public hearing will take place on 28 June.
CEBS today publishes its first peer review report on its members’ compliance with CEBS’s Guidelines on the validation of the Advanced Measurement (AMA) and Internal Ratings Based (IRB) approaches used by banks to calculate capital requirements.