On 15 July 2024, the European Banking Authority (EBA) issued a report on stacking orders and capital buffers.
The report covers a broad analysis that the EBA conducted on the stacking order of requirements for own funds and eligible liabilities applicable to banks, with a focus on micro-prudential elements. The report describes all
On 9 July 2024, the European Banking Authority (EBA) published a Final Report containing draft implementing technical standards (ITS) on supervisory reporting requirements which implement the changes necessary to keep the supervisory reporting framework relevant and meaningful and aligned with the Capital Requirements Regulation III (CRR III), which implements
On 8 July 2024, the European Banking Authority (EBA) issued a consultation on draft regulatory technical standards (RTS) specifying the conditions and the criteria to assess whether the credit valuation adjustment (CVA) risk exposures arising from fair-valued securities financing transactions (SFTs) are material, as well as the
On 8 July 2024, the European Securities and Markets Authority (ESMA) issued two consultation papers on liquidity management tools (LMTs) for funds.
The first consultation covers draft regulatory technical standards (RTS) on LMTs under the Alternative Investment Fund Managers Directive (AIFMD) and the UCITS Directive. The second
On 5 July 2024, the Basel Committee on Banking Supervision issued a consultation on two technical amendments to the Basel Framework and seven new FAQs and one updated FAQ.
The two technical amendments:
On 5 July 2024, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2024/1872 of 1 July 2024 amending the implementing technical standards laid down in Implementing Regulation (EU) 2016/1799 as regards the mapping tables specifying the correspondence between the credit risk assessments of external credit assessment
On 5 July 2024, the European Banking Authority (EBA) issued a press release announcing that it had published for informal consultation its draft methodology, templates and guidance for the 2025 EU-wide stress test.
Among other things the press release notes that the EBA is making a number of changes following the 2023 exercise.
On 3 July 2024, the European Systemic Risk Board (ESRB) published a summary compliance report which provides a second assessment of implementing actions taken, following ESRB Recommendation on guidance for setting countercyclical buffer rates. The report assesses compliance with the Recommendation based on submissions to the ESRB Secretariat using a dedicated template. The
On 3 July 2024, the Basel Committee on Banking Supervision (Basel Committee) issued a press release following its meeting on 2 and 3 July 2024.
At this meeting, the Basel Committee:
On 1 July 2024, the European Commission adopted a draft Commission Implementing Regulation amending the implementing technical standards laid down in Commission Implementing Regulation (EU) 2016/1799 as regards the mapping tables specifying the correspondence between the credit risk assessments of external credit assessment institutions (ECAIs) and the credit quality steps set out in