Regulatory News, Regulatory News - EMEA

BoE Published XBRL Reporting Taxonomy v3.2.0 

August 30, 2019 The Bank of England has published v3.2.0 of the XBRL taxonomy, alongside related technical artefacts. This taxonomy is to be used for Pillar 2 liquidity reporting which follows PS13/19 ‘Pillar 2 liquidity: Updates to the framework’, published on 17 June 2019. This will take effect from Wednesday 1 January 2020. For more information see the taxonomy section on […]

Inside View, Inside View - AMERICAS, Inside View - APAC, Inside View - EMEA

Embracing the Basel IV Change Constant

The European Banking Authority’s (EBA) latest Basel IV impact assessment notably indicates a 24.4% increase in the minimum total capital requirement that potentially creates a rather startling €135.1 billion shortfall in total capital – largely impacting systemically important financial institutions (SIFI). Under discussion at risk conferences and symposia everywhere, this assessment is giving fresh credence […]

Regulatory News, Regulatory News - EMEA

PRA publishes Policy Statement (PS) 14/19

July 23th 2019      On 23th July, the PRA published a policy statement (PS 14/19). This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback to responses to Consultation Paper (CP) 1/19 ‘Credit risk mitigation: Eligibility of financial collateral’. It contains the updated Supervisory Statement (SS) 17/13 ‘Credit risk mitigation’ (Appendix). This PS is relevant to UK […]

Regulatory News, Regulatory News - EMEA

Deutsche Bundesbank Update – AnaCredit Validations 

July 11 2019   On July 11, 2019 the Deutsche Bundesbank (BBK) updated the validation documents relating to AnaCredit: AnaCredit Validation Rules Guide Version 8.0, valid until 31.01.2020 (published 11 July 2019) AnaCredit Validation Rules Guide Version 9.0, valid from 01.02.2020 (published 11 July 2019) Further details can be found on the BBK AnaCredit website. Related links: Outline […]

Media Coverage, Media Coverage - EMEA

The Model Muddle

Many financial institutions (FIs) find themselves wondering how they became mired in a credit model muddle that is dragging down their profitability. They want to know how they can get out of this swamp. Traditionally, FIs heavily relied on economic capital models to support business decision-making. Then, with the financial crisis precipitating a slew of […]