Prudential Regulation Review

Key highlights

• Non-performing loans (NPLs) remained high on the European agenda. Daniele Nouy, Chair of the Supervisory Board of the ECB, mentioned them as a continuing challenge in her speech on European banking, while the EC published a proposal for statutory prudential provisioning backstops for newly non-performing loans. The EBA also published a consultation on its Guidelines for credit institutions on how to effectively manage non-performing exposures (NPEs) and forborne exposures (FBEs).
• The EC published its Action Plan on sustainable finance. It is proposing to incorporate sustainability into prudential requirements and put in place a unified EU classification system to define sustainability, create an EU “green label” for financial products deemed sustainable, and identify the areas where sustainable investment can make the biggest impact.

Other topics covered

• Capital (including macro prudential and stress testing)
• Liquidity
• Governance and risk management (including remuneration)
• Crisis management (including special resolution, systemically important firms, and business continuity)
• Regulatory perimeter
• Rethinking the domestic and international architecture for regulation
• Disclosure, valuation and accounting
• Central Bank of Ireland
   

EMEA Centre of Regulatory Strategy

If you would like to contact a member of the EMEA Centre for Regulatory Strategy then please click on the below links:

Rod Hardcastle - Director, Centre for Regulatory Strategy UK

John Andrews - Senior Manager, Centre for Regulatory Strategy UK