Kapitaaltekort Europese banken volgend jaar 280 miljard euro.
Recent months saw significant movement towards the EU’s Banking Union, with the European Parliament (EP) adopting the Single Supervisory Mechanism (SSM) legislation, assisted by the Inter-Institutional Agreement.
Five years ago the global financial system was on the brink of a meltdown as liquidity froze and several large financial institutions failed. Panic, fear, and uncertainty permeated markets.
Sun, sand and over 850 pages of proposed rules and standards on the Capital Requirements Directive IV ("CRD IV") will be at the forefront of some of our readers’ focus. The Prudential Regulation Authority (“PRA”) and the Financial Conduct Authority ("FCA") both issued consultations on implementing the CRD IV regime recently as we gear up to the implementation date in less than 6 months. Next month’s feature article will consider these consultations, and their potential impact, in more detail.
Over 8,000 banks and investment firms across the EU are bracing themselves for the introduction of sweeping prudential reforms in less than six months after the recast Capital Requirements Directive (CRD IV) and the Capital Requirements Regulation were published in the Official Journal.
The pace of regulatory developments remained unabated in Q2, with important consultations on the Capital Requirements Directive (CRD IV), particularly examining how to define material risk takers, which may great expand the definition of which employees are subject to the new remuneration cap introduced in CRD IV.
This newsletter contains an update on the implementation status and current developments concerning the Alternative Investment Fund Management Directive (AIFMD) in The Netherlands.
We are now into the second quarter of 2013, and the pace of new regulatory developments and publications continues relentlessly. The Basel Committee published a progress report on how countries are getting on with implementing Basel II and Basel III. The report is positive, noting many countries have either implemented Basel III or are taking steps to implement Basel III in the near future (e.g. CRD IV in Europe).
This month’s feature article for more information on the UK’s new macroprudential regulator, the Financial Policy Committee.
Companies must embrace new methods and strategies to get them out ahead of today’s converging risks and prepare them for both the risks and opportunities of tomorrow.
This month’s feature article examines the impact the single supervisory mechanism may have on European banking regulation.
At the beginning of the year, we saw regulatory bodies across the globe publish their key priorities for 2013 and beyond. However, given the ongoing delays to the Capital Requirements Directive (CRD) IV and Markets in Financial Instruments Directive (MiFID) II we may see delays in seeing these priorities reach fruition.
2013 will be a year of change, globally as well as in the Netherlands with most changes taking place on a global or European level having direct influence on us in the Netherlands. In December regulators moved closer to implementing several key supervisory, asset management, OTC derivatives and other post-crisis reforms.
In this edition of Resilience we collect perspectives from practitioners on the ground confronting political, social and environmental change – from experts and from CEOs, formulating growth strategies against a landscape of challenging global risks.
SEPA gaat niet over het aanpassen van systemen en processen, het raakt direct de cash management infrastructuur en stelt corporates in staat om dit veel efficiënter in te richten.
The Banana Skins reports provide valuable insights into the risk concerns at the top of the boardroom agenda, and how these change over time.
This publication examines the challenges and practical issues that need to be addressed before bail-in capital can become a reality for our clients.
This publication outlines the key policy initiatives relating to global SIFIs, with a focus on global systemically important banks (G-SIBs), and provides initial thoughts on what these measures might mean for clients.
Het traditionele bankieren wordt op dit moment geconfronteerd met grote veranderingen. Neem alleen al de explosieve groei van het internetgebruik en de impact hiervan op banken.
Dit onderzoeksrapport beschrijft het concept van de btw-vrijstellingen voor bancaire diensten en de economische gevolgen daarvan voor de bancaire sector in de Europese Unie. Het schijnt een nieuw licht op de discussie over de vraag of de bankensector wordt bevoordeeld.