Key regulations: supervision
Guide to banking supervision
Scope: EU | Regulator: ECB | Industry: Banking | Topic: Supervision | Date of publication: November, 2014
Guide explaining the operation of the Single Supervisory Mechanism (SSM) and providing guidance on SSM supervisory practices.
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ECB Comprehensive Assessment (CA)
Scope: EU | Regulator: ECB | Industry: Banking | Topic: Supervision | Date of publication: August, 2014
Comprehensive Assessment performed by the ECB, before fully taking charge of supervisory functions and bearing overall responsibility for prudential supervision in the euro area, regarding significant entities over which it would exert direct supervision, in order to have an overview of the status of these entities (balance sheets and risk profiles).
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RTS on the assessment methodology of the IRB approach for credit risk
Scope: EU | Regulator: EBA | Industry: Banking | Topic: Credit risk | Date of publication: July, 2016
RTS on the assessment methodology of the IRB approach by which it is intended to harmonize its implementation in all EU Member States. In particular, it corrects all those issues foreseen in the EBA report on the comparability of IRB methodology, and clarifies certain aspects regarding the application of the IRB methodology.
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Guidelines on information and communication technology (ICT) risk assessment under SREP
Scope: EU | Regulator: EBA | Industry: Banking | Topic: ICT; SREP | Date of publication: May, 2017
Final Guidelines on the assessment of the ICT risk under the Supervisory Review and Evaluation Process (SREP). These GL, addressed to competent authorities, are intended to promote common procedures and methodologies for the assessment of the ICT risk under the SREP.
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Guidance on leveraged transactions
Scope: EU | Regulator: ECB | Industry: Banking | Topic: Credit risk | Date of publication: May, 2017
Guidance on leveraged transactions that summarises ECB key supervisory expectations concerning these transactions, and the ongoing monitoring of both syndication risk and the fundamental credit quality of leveraged exposures.
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Guidelines on SREP
Scope: EU | Regulator: EBA | Industry: Banking | Topic: SREP | Date of publication: July, 2018
The EBA has published three GLs regarding: i) common procedures and methodology for SREP and supervisory stress testing, ii) the management of interest rate risk arising from non-trading activities (IRRBB), and iii) institution’s stress testing. These GLs aim to update the existing regulation on these aspects, i.e. the EBA GL on SREP published in 2014, the EBA GL on the management of the IRRBB published in 2015, and the Committee of European Banking Supervisors GL on stress testing (CEBS GL 32) published in 2010, respectively.
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Guides on ICAAP and ILAAP
Scope: EU | Regulator: ECB | Industry: Banking | Topic: ICAAP and ILAAP | Date of publication: November, 2018
The Final Guide to the ICAAP and a Final Guide to the ILAAP aim at developing a more detailed set of supervisory expectations regarding these two processes. In particular, these Guides include seven principles for the ICAAP and seven principles for the ILAAP, which are defined in parallel taking into account each risk’s specifications, regarding several aspects such as internal governance, management, continuity of the institutions, and material risks.
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Final Guidelines (GL) on liquidity stress testing in UCITS and AIFs
Scope: EU | Regulator: ESMA | Industry: Banking | Topic: Stress test | Date of publication: September, 2019
Guidelines that establish consistent, efficient and effective supervisory practices; increase the standard, consistency and, in some cases, frequency of liquidity stress test (LST) already undertaken; as well as promote convergent supervision of LST by NCAs.
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Guide to internal models
Scope: EU | Regulator: ECB | Industry: Banking | Topic: Internal models | Date of publication: October, 2019
Guide to internal models, which updates and completes the general and specific chapters (market risk, credit risk and counterparty credit risk) and aims at ensuring a common and consistent approach to the most relevant aspects of the applicable regulations on internal models.
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Guidelines on loan origination and monitoring
Scope: EU | Regulator: EBA | Industry: Banking | Topic: Credit risk | Date of publication: May, 2020
Guidelines that improve institutions’ practices and associated governance arrangements, processes and mechanisms in relation to credit granting, in order to ensure that institutions have robust and prudent standards for credit risk taking, management and monitoring, and that newly originated loans are of high credit quality. The guidelines also aim to ensure that the institutions’ practices are aligned with consumer protection rules and respect fair treatment of consumers. Finally, these guidelines apply to all subsidiaries of European financial institutions even if they are located outside the EU.
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