Prudential Regulation Review
April saw a number of significant regulatory developments: non performing and forborne loans were again an area of focus and the subject of new proposed guidelines, following the high level of focus on this issue in recent months; and crypto-assets and crypto-currencies were the subject of a number of speeches and comments by senior regulators in the the EU.
The ECB also focused on the need to refine the regulatory framework in the banking union and presented a number of remaining hurdles to completing the Banking Union. The Central Bank of Ireland continued its focus in tackling non-performing loans and the complexity involved in arrears cases.
Other topics covered
- Capital (including macro prudential and stress testing)
- Governance and risk management (including remuneration)
- Crisis management (including special resolution, systemically important firms, and business continuity)
- Rethinking the domestic and international architecture for regulation
- Disclosure, valuation and accounting
- Information Security and data privacy
- Central Bank of Ireland