Prudential Regulation Review has been saved
Prudential Regulation Review
In June, EBA published a working paper on Expected Loss Best Estimate (ELBE) and Loss Given Default (LGD) in-default. The paper proposes advanced Internal-Ratings Based models for defaulted exposures. Also, in June Valdis Dombrovskis, European Commission Vice-President, gave a speech on the review of Solvency II where he stated that now is the appropriate time to revise some of the rules on deferred taxes in Solvency II.
The FSB also called for feedback on the technical implementation of the Total Loss-Absorbing Capacity (TLAC) standard. Locally, CBI published its first Macro-Financial Review of 2018 providing an overview of the current state of the macro-financial environment in Ireland and highlighting risks to the economy and financial system.
Other topics covered
- Governance and risk management (including remuneration)
- Crisis Management
- Rethinking the domestic and international architecture for regulation
- Disclosure, valuation and accounting
- Central Bank of Ireland