This Annex sets out the results of our legal analysis. It considers: - How the Member States have implemented the MCD, i.e. the options taken by the Member States. - Whether the Member States have gone beyond the minimum requirements of the MCD (so-called ‘gold-plating’). - The m...
This is the final report of the “Study on the Non-Financial Reporting Directive” for the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA). This report provides data analysis as part of the ongoing monitoring of implementation of...
Building on previous research, we study banks’ balance sheet year-end patterns in the European Union (EU) to assess the impact on supervisory measures of their systemic importance. We find that some global systemically important banks (G-SIBs) in the EU compress their balance she...
The results reported in the January 2021 bank lending survey (BLS) relate to changes observed during the fourth quarter of 2020 and expectations for the first quarter of 2021. The survey was conducted between 4 and 29 December 2020. A total of 143 banks were surveyed in this roun...
How much of the heterogeneity in bank loan pricing is explained by disparities in banks’ attitude towards risk? The answer to this question is not simple because there are only very weak proxies for gauging the degree of a bank’s risk aversion. We handle this constraint by means ...
There has been an increasing focus in debates on the future evolution of the European insurance sector on whether market-led, regulatory or supervisory measures are needed to facilitate an appropriate data ecosystem. ...
Der Einheitliche Abwicklungsmechanismus (SRM) wurde 2014 von der EU eingerichtet, um die geordnete Abwicklung ausfallender Banken mit möglichst geringer Belastung für den Steuerzahler sicherzustellen, indem kostspielige Rettungsmaßnahmen vermieden werden. Der Hof untersuchte, ob ...
This is the first in a series of regular reports published by the Eurosystem’s Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) covering the progress in defining, and assessing compliance with, the Single Collateral Management Rulebook for Europe ...
Convergence of supervisory practices should be built on a common interpretation of laws and regulations, and without prejudice to the application of supervisory judgment or the proportionality principle. Convergence of supervisory practices is not only achieved or assessed by out...
