The bank for International settlements has pupblished a study how different constraints on banks’ activities affect the allocation of capital across business units. In particular, we look at the interplay of risk-based and leverage-based constraints on banks’ lending and marketmaking.
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The European Banking Authority (EBA) in accordance with its Pillar 2 Roadmap launched a public consultation to review three guidelines aimed at further enhancing institutions’ risk management and supervisory convergence in the supervisory review and examination process (SREP). The revisions focus on stress testing, particularly its use in setting Pillar 2 capital guidance (P2G), as well as interest rate risk in the banking book (IRRBB). The consultations on all three guidelines run until 31 January 2018.
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The Board of Supervisors of the European Banking Authority (EBA) agreed in its meeting held on 24-25 October 2017 on the final timeline of the 2018 EU-wide stress test. The exercise is expected to be launched at the beginning of 2018 and the results to be published by 2 November 2018. The EBA, in co-operation with Competent Authorities, is now in the process of finalising the methodology and templates with the objective of sharing them with participating banks ahead of the launch.
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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 by payment institutions when reporting to the competent authorities of the host Member States on the payment business activities carried out in their territories. The consultation runs until 5 January 2018.
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The aim of the  General Data Protection Regulation (GDPR) is to protect all EU citizens from privacy and data breaches in an increasingly data-driven world that is vastly different from the time in which the 1995 directive was established. Although the key principles of data privacy still hold true to the previous directive, many changes have been proposed to the regulatory policies. Thies changes are approved bij the European Parlement on 14 april 2016 and will be directly application in all members states enforced. The enforcement date is 25 May 2018 for all organization. Organizations who are in non-compliance on this date will face heavenly fines.
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by Alan Nance
Many transformational programs in enterprise IT are no more than shiny objects sitting on a veneer layer that masks the unsustainable, expensive legacy they depend on. Imagine your organization as an hourglass, where the business is the globe on the top, and the technology team is the globe that sits below. In an hourglass, sand flows from top to bottom until empty, and when turned around, the sand flows the other way, again passing through a small neck, that neck is the only view from each sand globe to the other. Depending on your perspective sand is either rushing towards you or speeding away from you.
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The Financial Conduct Authority (FCA) is urging the public to get in touch if they have been contacted by a company offering what they think could be a fraudulent investment. This plea comes as new research shows more than a fifth (22%) of over 55s surveyed  who suspect they have been contacted about a fraudulent investment in the last three years, did not tell anyone about it. The most common reason given for not reporting was not knowing who to report to (49%). Continue reading…

The European Banking Authority (EBA) published an updated list of public sector entities (PSEs) that may be treated as regional governments, local authorities or central governments for the calculation of capital requirements, in accordance with the EU Capital Requirements Regulation (CRR). Continue reading…