On 30 April 2024, the Basel Committee on Banking Supervision (Basel Committee) published a consultation on guidelines for counterparty credit risk (CCR) management.

The draft guidelines are intended to provide a supervisory response to the significant shortcomings that have been identified in banks’ management of CCR, including the lessons learned from

On 25 April 2024, the European Banking Authority (EBA) published its report on high earners for 2022.

In 2022, the number of high earners receiving remuneration of more than EUR 1 million increased by 19.7% from 1,957 in 2021 to 2,342 in 2022. The EBA’s analysis also highlights a persistent gender imbalance within

On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of the proposed Regulation amending the Capital Requirements Regulation as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor (CRR III) and the proposed Directive amending the

On 24 April 2024, the European Banking Authority (EBA) issued a consultation paper containing draft regulatory technical standards (RTS) on the method for identifying the main risk driver of a position and for determining whether a transaction represents a long or a short position as referred to in Articles 94(3), 273a(3)

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2024/857 of 1 December 2023 supplementing the Capital Requirements Directive IV (CRD IV) with regard to regulatory technical standards specifying a standardised methodology and a simplified standardised methodology to evaluate the risks

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2024/856 of 1 December 2023 supplementing the Capital Requirements Directive IV (CRD IV) with regard to regulatory technical standards specifying the supervisory shock scenarios, the common modelling and parametric assumptions and what

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2024/855 of 15 March 2024 amending the implementing technical standards laid down in Implementing Regulation (EU) 2021/451 as regards rules on the supervisory reporting of interest rate risk in the banking book.

Commission Implementing

On 15 April 2024, the Council of the EU published the text of the proposed Directive amending the Bank Recovery and Resolution Directive and the Resolution establishing the Single Resolution Mechanism as regards certain aspects of the minimum requirement for own funds and eligible liabilities. The draft Directive is sometimes known as the ‘daisy-chain proposal’.

On 11 April 2024, the European Banking Authority (EBA) published a final report containing ‘Guidelines on the application of the group capital test for investment firm groups’.

The final report notes that the group capital test provision pursuant to Article 8 of the Investment Firms Regulation appears to be subject to different

On 2 April 2024, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published three reports that it has adopted in relation to the European Commission’s (Commissioncrisis management and deposit insurance (CMDI) legislative package. The set of reports consists of:

  • A report on the proposal for a