On 7 March 2025, the European Central Bank (ECB) issued its staff response to the European Commission’s (Commission) call for evidence on a targeted amendment to the prudential treatment of securities financing transactions (SFTs) under the net stable funding ratio (NSFR).
The Commission’s initiative aims to make
On 31 January 2025, the European Central Bank and the European Systemic Risk Board issued a joint report that describes the experience of countries that have adopted a positive neutral countercyclical capital buffer (CCyB) approach, as well as the views of those that have not. It outlines the perceived costs and benefits, implications
On 20 December 2024, the Governing Council of the European Central Bank (ECB) issued a statement concerning the ECB’s framework for assessing capital buffers of other systemically important institutions (O-SIIs).
Among other things the statement notes that:
On 17 December 2024, the European Banking Authority (EBA) issued a final report containing draft regulatory technical standards (RTS) on the conditions for determining whether an instrument attracting residual risk acts as a hedge.
Background
The draft RTS has been developed in accordance with Article 325(u)(6) of the Capital Requirements Regulation
On 17 December 2024, the European Banking Authority issued a no action letter stating that Member State competent authorities (NCAs) should not prioritise any supervisory or enforcement action in relation to the processing of applications for initial margin (IM) model authorisation received as a result of the entry into force of
On 6 December 2024, the European Banking Authority (EBA) issued a final report containing draft regulatory technical standards (RTS) on the method for identifying the main risk driver and determining whether a transaction represents a long or a short position. The draft RTS have been developed according to Article 94(10) of
On 9 December 2024, the European Banking Authority (EBA) issued a consultation paper containing draft regulatory technical standards (RTS) amending Delegated Regulation (EU) No 529/2014 supplementing the Capital Requirements Regulation (CRR) regarding RTS for assessing the materiality of extensions and changes of the Internal Ratings Based (IRB)
On 24 October 2024, the European Banking Authority (EBA) issued a consultation paper on draft regulatory technical standards (RTS) on the treatment of structural foreign exchange (FX) positions under Article 104c of the Capital Requirements Regulation (CRR) and on the reporting on structural FX positions.
Prior to
On 10 September 2024, the Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2024 were made and published on legislation.gov.uk, along with an explanatory memorandum.
The Regulations extend:
On 10 September 2024, the Prudential Regulation Authority (PRA) announced that it is reviewing the leverage ratio requirements thresholds and is offering a modification by consent (provided certain conditions are met) to disapply the relevant part of the PRA Rulebook until the review is complete.
The PRA had previously noted in a 2021