On 5 December 2023, the Prudential Regulation Authority (PRA) published Policy Statement PS15/23 – The Strong and Simple Framework: Scope criteria, liquidity and disclosure requirements (PS15/23).
In PS15/23, the PRA provides feedback to responses to consultation papers CP4/23 – The Strong and Simple Framework: Liquidity and Disclosure requirements for Simpler-regime Firms
On 5 December 2023, the Prudential Regulation Authority (PRA) published Consultation Paper CP23/23 – Identification and management of step-in risk, shadow banking entities and groups of connected clients.
In CP23/23, the PRA sets out proposed rules requiring Capital Requirements Regulation (CRR) firms that are not small domestic deposit takers (
On 22 November 2023, the European Banking Authority (EBA) published a final report on the draft regulatory technical standards (RTS) on the assessment methodology under which Member State competent authorities verify an institution’s compliance with the internal model approach as per Article 325az(8) of the Capital Requirements Regulation (CRR).
On 20 November 2023, there was published in the Official Journal of the European Union (OJ) Commission Implementing Regulation (EU) 2023/2526 of 17 November 2023 amending the Implementing Technical Standards (ITS) laid down in Implementing Regulation (EU) 2022/389 as regards the content lists of the information on individual data to be
On 13 November 2023, the European Supervisory Authorities (ESAs) published draft implementing technical standards (ITS) amending existing ITS on the mapping of external credit assessment institutions’ (ECAIs) credit assessments under the Capital Requirements Regulation (CRR). The amendments reflect the outcome of a monitoring exercise on the adequacy
On 13 November 2023, the Prudential Regulation Authority (PRA) published Policy Statement PS14/23: The non-performing exposures (NPEs) capital deduction (PS14/23).
In PS14/23, the PRA provides feedback to responses to its earlier consultation on the topic, CP6/23. It also contains the PRA’s final policy, in the form of amendments
On 8 November 2023, the Basel Committee on Banking Supervision (Basel Committee) published a document containing final technical amendments which have been integrated into the consolidated Basel Framework.
The amendments relate to: (i) the standardised approach to operational risk; (ii) the disclosure standards for credit valuation adjustment risk; (iii) the description of the