Fl-2014, l-UE stabbiliet il-Mekkaniżmu Uniku ta’ Riżoluzzjoni (SRM) biex dan jiżgura li l-banek li jkunu qed ifallu jiġu riżolti b’mod ordnat u b’piż minimu għall-kontribwenti, u b’hekk jiġu evitati salvataġġi finanzjarji li jqumu ħafna flus. Aħna vvalutajna x-xerqien tal-qafas t...
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...
The heat-map, which takes into account the data collected for the report and relevant supervisory judgement, represents actual risks which have been identified at the European level; it may not be a specific accurate reflection of risks in different Member States. ...
The objective of the capital add-on measure is to ensure that the regulatory capital requirements reflects the risk profile of the undertaking or of the group. Therefore, it is important that it is used by national competent authorities (NCAs) when needed and it is important to e...
Article 9 of EIOPA’s founding regulation requires the Authority to ‘collect, analyse and report on consumer trends’. As per the working definition devised by EIOPA, consumer trends are ‘evolutions in consumer behaviour in the insurance and pensions markets related to the relation...
Supervisory sector-wide stress testing of banks is one of the major innovations adopted by prudential authorities in recent years. The evolution of stress tests from a risk management tool for individual financial institutions to a key element of current systemic financial sector...
In this paper, we analyze the importance of international banking models, along the operational and the funding dimensions, for the decline in international positions of European banks since the crisis. Using BIS Consolidated Banking Statistics, we find that the multinational mod...
This paper argues that the European Unions Banking Recovery and Resolution Directive (BRRD) improved market discipline in the European bank market for unsecured debt. The different impact of the BRRD on bank bonds provides a quasi-natural experiment that allows to study the effec...
The handling of payments between financial institutions may take place through correspondent banking or multilateral arrangements (i.e. payment systems). Correspondent banking arrangements, similar to payment systems, are a well-established channel through which banks can access ...
