Monthly Archives: May 2016

EBA publishes final Guidelines on stress tests for deposit guarantee schemes

The European Banking Authority (EBA) published today its final Guidelines on stress tests for deposit guarantee schemes (DGSs). The Guidelines provide a systematic methodology for planning, running and reporting on stress tests conducted by DGSs to assess their resilience to various types of scenarios in times of banking stress. In line with the Deposit [...]

By | 2017-07-21T13:09:13+00:00 May 24th, 2016|News|0 Comments

Britons should shop around for banks, says watchdog

The Competition and Markets Authority wants to prod both customers and banks into action Since the financial crisis Britain’s banks have taken some hits—deservedly, many would say. They have paid billions in fines for mis-selling loan insurance; they have been forced to pay extra taxes (the “bank levy”) into the Treasury’s coffers; some were [...]

By | 2017-07-21T13:09:55+00:00 May 17th, 2016|News|0 Comments

EBA consults on LCR disclosure

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on the Liquidity Coverage Ratio (LCR) disclosure. These Guidelines harmonise and specify both the qualitative and quantitative information that institutions are required to disclose on liquidity and namely on the LCR. The consultation will run until 11 August 2016. LCR disclosure [...]

By | 2017-07-21T13:10:21+00:00 May 11th, 2016|News|0 Comments

Finance in China: big but brittle

China needs to free up its financial system, even if it hurts, says Simon Rabinovitch The Head Office of Sheyang Rural Commercial Bank is a reassuringly solid building. Its grey stone façade and arched doorways convey a feeling of prosperity, a splash of high finance in this small county town in eastern China where [...]

By | 2017-07-21T13:11:01+00:00 May 7th, 2016|News|0 Comments

EBA publishes corrections to XBRL reporting taxonomies and confirms reference dates

The European Banking Authority (EBA) published today corrective updates to two versions of its XBRL taxonomies for supervisory reporting, correcting technical errors in the implementation of some validation rules. Following the publication by the European Commission of the relevant amendments to the Implementation Technical Standards on supervisory reporting, the EBA also confirms the first [...]

By | 2017-07-21T13:11:25+00:00 May 4th, 2016|News|0 Comments