financial regulation latest publications
Under BRRD 2, European banks’ MREL deficit is €112bn (63% attributable to O-SIIs and non-systemic banks) and €188bn lower than 2018 results, mostly explained by issuances of €194bn during 2018–2019. Erosion of profitability is now critical, with interest expense increasing 2.3-3.2%. Basel IV significantly increase needs.
The net profit of the system in the 1Q'19 was EUR 3.2 Bn. The key factors were weak revenues, cost control, and lower provisions. Deleveraging has continued, although since the end of 2018 there has been a slight upturn in total lending. The NPL ratio continues to fall and profitability has improved compared to 1Q'18.
Digital transformation has opened the financial services market to new kinds of providers with great disruptive potential, including big technology companies. This article explores how the scope of that integration is conditioned by regulation, data access rules and competition policy.
In 2018, the financial regulatory reform approved after the crisis by the G20 and the Financial Stability Board (FSB) was considered virtually complete and the focus was supposed to be on implementing the reforms already initiated.
CRD V: State of play. MREL: Unresolved issues. NPL - ECB guidelines. Uncertainties surrounding Brexit. Innovation and regulation. Creating sustainable opportunities.
Finalisation of Basel III. New package of banking reforms in the EU. TLAC and MREL. SSM supervisory priorities and SREP methodology. A flawed EDIS proposal. Turning the spotlight on shadow banking. Geopolitics and Regulation
The Financial Stability Board (FSB) has updated its 2016 list for the Global Systemically Important Banks (G-SIBs). The thirty designated entities are the same of the previous year and there are seven main changes
For the first time ever, the Basel Committee has issued guidance on regulation and supervision for financial inclusion. The draft Guidance builds on Basel's Core Principles for Effective Banking Supervision and is intended to help supervisors and regulators around the world accommodate the fast-changing environment of insti…