Regulatory News, Regulatory News - EMEA

PRA Published PS27/19 Reporting Updates for Capital+ and Ring-Fenced Bodies

Dec 19, 2019 This Prudential Regulation Authority (PRA) Policy Statement (PS) provides the PRA’s final rules amending the Regulatory Reporting Part of the PRA Rulebook and reporting templates PRA101, PRA102, RFB003, RFB004 and RFB008, following Chapter 4 of Consultation Paper (CP)25/19 ‘Occasional Consultation Paper – October 2019’. The PRA received no responses to the consultation and will […]

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EBA Launched a Consultation to Amend Standards on Benchmarking of Internal Models

Dec 13, 2019 The European Banking Authority (EBA) launched a consultation to amend the Commission’s Implementing Regulation on benchmarking of internal models to adjust the benchmarking portfolios and reporting requirements in view of the benchmarking exercise it will carry out in 2021. On the credit risk side, the amended standards will allow to complement the analysis of […]

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PRA Published PS on PRA110 Reporting Frequency Threshold

Dec 17, 2019 This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback to responses to Consultation Paper (CP) 14/19 ‘Pillar 2 liquidity: PRA110 reporting frequency threshold’. It also contains the PRA’s final policy. This PS is relevant to PRA-authorised UK banks, building societies, and PRA-designated UK investment firms, referred to collectively as ‘firms’ with total assets […]

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ESAs Published Joint Guidelines for AML/CFT

Dec 16, 2019 The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published Joint guidelines on cooperation and information exchange, establishing colleges of anti-money laundering and countering the financing of terrorism (AML/CFT) supervisors for the first time in the EU to ensure effective cooperation and information exchange between competent authorities. Recent high-profile AML/CFT cases involving […]

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EBA Publishes 2020 EU-wide Stress Test Templates

Dec 16, 2019 The European Banking Authority (EBA) published the templates for the 2020 EU-wide stress tests. The current version can still be subject to minor technical adjustments before its final publication in January 2020. The official version of the templates has been circulated to banks participating in the 2020 EU-wide stress test. The version published today […]

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EBA Updated Guidelines for Funding Plans Reporting

Dec 09, 2019 The EBA publishes today updated guidelines on harmonised definitions and templates for the reporting of funding plans. The changes include additional details of forecasted market based funding, alignment to FINREP reporting and additional proportionality for small and non-complex credit institutions. The updated guidelines include detailed instructions and are fully aligned with definitions and breakdowns […]

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BoE Published XBRL Reporting Taxonomy v3.3.0 

November 28, 2019     Bank of England published the XBRL taxonomy v3.3.0 to support the collection of Capital+ and ring-fencing reporting, alongside related technical artefacts. The taxonomy update is aligned to the EBA’s taxonomy 2.9 and where there are minor discrepancies compared to the templates in the PRA rulebook, BoE consulted and will finalise making the corresponding […]

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EBA Publishes 2020 EU-wide Stress Test Methodology and Draft Templates

Nov 07, 2019 The European Banking Authority (EBA) published the final methodology and draft templates for the 2020 EU-wide stress tests. The stress test exercise will be formally launched in January 2020 and the results published by 31 July 2020. Further details can be found in the full press release here.  Related links:  Outline of AxiomSL’s Regulatory Reporting […]