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Highlights: GHOS announce agreement on outstanding elements of Basel III. BCBS publishes cumulative quantitative impact study on reviewed Basel III and discussion paper on regulatory treatment of sovereign exposures. ESAs publish list of identified financial conglomerates and SRB publishes its 2018 work plan. Bank of Spain …
On 24 November, the European Commission released a legislative proposal outlining the road-map towards common European deposit protection, to be achieved by 2024. The proposal envisages three stages: i) until 2020, a system of reinsurance; ii) progressive mutualisation through a system of co-insurance until 2024, and iii) f…
