Market risk capital framework and Basel Committee work programme finalised by Governors and Heads of Supervision

On Monday January 14th, 2019 the Group Central Bank Governors and Heads of Superivison (GHOS) have endorsed a couple of revisions to the market risk framework and the Committee’s strategic priorities and work programme for 2019. Revisions to the market risk framework The revisions apply to the design and calibration of the market risk framework. [...]

Market risk capital framework and Basel Committee work programme finalised by Governors and Heads of Supervision2019-01-29T13:07:42+00:00

SWIFT releases white paper on transformed payments landscape

On October 17th, 2018, the global provider of secure financial messaging services (SWIFT) has published a white paper on the evolution of the European payments landscape. The paper discusses how change in wholesale and retail payments across the world is on its way and that it has set a clear path for financial market infrastructure renewal [...]

SWIFT releases white paper on transformed payments landscape2018-10-30T12:58:44+00:00

EBA publishes final guidance to strengthen the Pillar 2 framework

On July 19th, 2018 the European Banking Authority (EBA) has published its final revised Guidelines which aim to further enhance institutions’ supervisory review and examination process (SREP). The Guidelines focus on stress testing which will be used in setting Pillar 2 capital guidance (P2G), as well as interest rate risk in the banking book (IRRRBB). [...]

EBA publishes final guidance to strengthen the Pillar 2 framework2018-07-27T12:55:35+00:00

European countries join Blockchain Partnership

On 10 April 2018, 22 member states of the European Union signed a Declaration on the establishment of an European Blockchain Partnership. The Partnership will contribute to the creation of an enabling environment and should ensure that Europe continues to play a leading role in the development and roll-out of blockchain technologies. For more information [...]

European countries join Blockchain Partnership2018-04-17T13:34:09+00:00

The European Commission launches the EU Blockchain Observatory and Forum

On February 1st 2018, the European Commission and the European Parliament launched the EU Blockchain Observatory and Forum. The aim of the Blockchain Observatory and Forum is to provide insight in key developments of the Blockchain, to promote European actors and to reinforce European engagement with stakeholders that are involved with Blockchain initiatives. The official [...]

The European Commission launches the EU Blockchain Observatory and Forum2018-02-12T12:56:51+00:00

The Basel Committee releases Basel IV Regulatory Reforms

On 7 December 2017, the Basel Committee of Banking Supervisors (BCBS) issued the last elements of the Basel III (also referred to as Basel IV) guidelines on bank capital reforms. The revision aims to restore credibility in the calculation of risk-weighted assets (RWAs) and to improve the comparability of capital ratios. As stated before by [...]

The Basel Committee releases Basel IV Regulatory Reforms2017-12-08T13:38:06+00:00

EBA sets due date for PSD2 implementation and security measures standards

PSD2 will become effective as of January 13th 2018, which does not apply to the security measures as outlined in the RTS. The use of the measures will become mandatory 18 months after publication of the RTS in the Official Journal of the European Union, which is scheduled for September 2019. The RTS has made [...]

EBA sets due date for PSD2 implementation and security measures standards2017-11-30T08:48:40+00:00

New RTS on Home Host cooperation under PSD2

On 27 October 2017, The European Banking Authority (EBA) launched a public consultation on draft regulatory technical standards (RTS) specifying the framework for cooperation and the exchange of information between competent authorities under the revised Payment Services Directive (PSD2). The RTS also clarify the type of information as well as the templates to be used [...]

New RTS on Home Host cooperation under PSD22017-11-02T14:33:08+00:00

Amsterdam: The next post-Brexit EU city for Financial Services?

Last year, 52% of the British population voted in favour of leaving the European Union, a historic and unexpected event known as ‘’Brexit’’. Brexit is said to have complicated and long-term impacts on the financial services sector in the UK since companies will no longer be able to operate within the European framework. This could [...]

Amsterdam: The next post-Brexit EU city for Financial Services?2017-10-19T09:10:44+00:00

EBA publishes guidance to further harmonise EU banks internal governance

The European Banking Authority (EBA) has published today its revised Guidelines on Internal Governance. These Guidelines aim at further harmonising institutions' internal governance arrangements, processes and mechanisms across the EU, in line with the new requirements in this area introduced in the Capital Requirements Directive (CRD IV) and also taking into account the proportionality principle. [...]

EBA publishes guidance to further harmonise EU banks internal governance2017-10-09T12:52:10+00:00