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Prudential Regulation Review     

April 2019

Prudential Regulatory Review is a monthly newsletter dedicated to summarising all major risk and regulatory updates.

Summary

April was a significant month for financial services regulation.

The EBA issued their final draft for regulatory technical standards on the conditions to allow institutions to calculate capital requirements of securitised exposures (Kirb) in accordance with the purchased receivables approach. Additionally, The BIS published a consultative document on the consolidated Basel framework and the EU Risk Reduction Measures package was approved.

In Ireland, the Central Bank of Ireland’s Director General, Financial Conduct, Derville Rowland, set out the Central Bank’s views on outsourcing at a Central Bank Conference, and shared some thoughts on the Central Bank’s proposals for a Senior Executive Accountability Regime (SEAR) at an event in Deloitte.

Additionally, the Central Bank of Ireland published its SME Market Report for 2019, that aims to provide a timely monitor of developments in the provision of credit to Irish Small and Medium Enterprises (SMEs) by financial intermediaries.

Prudential Regulation Review April 2019
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