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11 Eric Schaanning.pdf
11.1 Klaus Duellmann.pdf
12 Giovanni Papiro.pdf
12.1 Edgar Loew.pdf
13 Grzegorz Halaj.pdf
13.1 Laura Valderrama.pdf
14.1 Rym Ayadi.pdf
15 Jose Berrospide.pdf
15.1 Mitsuru Katagiri.pdf
16 Michael Hayne.pdf
16.1 Martin Summer.pdf
17 Lucia Alessi.pdf
17.1 Edo Schets.pdf
16.1 Martin Summer_0.pdf
17 Lucia Alessi_0.pdf
17.1 Edo Schets_0.pdf
ESAs 2019 20 - Final Report - Bilateral margin amendments.pdf
Joint final draft RTS on various amendments to the bilateral margin requirements in view of the international framework
ESAs 2019 19 Statement on the introduction of fallbacks in OTC derivative contracts to increase contract robustness.pdf
Joint statement on introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral
EBA updates the estimates of the impact of the implementation of Basel III and provides an assessment of its effect on the EU economy
The European Banking Authority (EBA) published today the second part of its advice on the implementation of Basel III in the EU, which complements the Report published on 5 August 2019. Today’s publication includes an assessment of the impact of the revisions to the credit valuation adjustment (CVA) and market risk frameworks, and the corresponding policy recommendations. It also provides a macroeconomic impact assessment of the full Basel III package. When accounting for the 2019 FRTB standards, the impact assessment shows that the full implementation of Basel III, under conservative assumptions, will increase the current minimum capital requirement (MRC) by 23.6% on average. This impact is lower than the 24.4% originally estimated in the August 2019 report, and would imply an aggregate shortfall in total capital of EUR 124.8 billion. The macroeconomic impact assessment shows that the implementation of Basel III will have net benefits for the economy of the European Union. The EBA reaffirms its support for a full implementation of the final Basel III standards in the EU.