The European Central Bank called on Tuesday for a common approach in the European Union to writing off debt, in order to make it easier to shore up a failing international banks without having to call on taxpayers. "A common framework at Union level on the degree of subordination of senior unsecured bank debt [...]
Counterparty eligibility assessment to take into account information on capital, leverage and liquidity ratios New category of assets added as eligible collateral Today the European Central Bank (ECB) has published a new Guideline (ECB/2015/27) amending the General Documentation (ECB/2014/60 of the European Central Bank of 19 December 2014 (recast)) on the implementation of the Eurosystem’s [...]
Banks that spend money on lobbying or hire former regulators are more likely to get favourable treatment from their watchdog agency, according to a European Central Bank paper published on Wednesday. While lobbying in the United States has been subject to extensive disclosure for years, European authorities only started to tighten the rules in [...]
Eurozone inflation was unchanged in July as a further decline of energy prices negated the impact of more expensive industrial goods and services, leaving the European Central Bank with more work to do to push up prices. The EU’s statistics office Eurostat said yesterday that consumer prices in the 19 countries sharing the euro [...]
Euro zone inflation was unchanged in July as a further decline of energy prices negated the impact of more expensive industrial goods and services, leaving the European Central Bank with more work to do. The European Union’s statistics office Eurostat said on Friday that consumer prices in the 19 countries sharing the euro rose by 0.2 per cent [...]
FRANKFURT: The European Central Bank looks set to keep its monetary policy gunpowder dry when its decision-making governing council convenes next week, despite the recent turmoil that has engulfed global markets, analysts said. It has been a chaotic week for stock markets around the world, spooked by fears of economic slowdown in China. Share [...]
Presidents of five EU institutions publish report on strengthening EMU Report to be presented to European Council on Thursday ECB President Mario Draghi calls for a quantum leap in integration The presidents of five European institutions today publish a report entitled “Completing Europe’s Economic and Monetary Union,” commissioned by leaders at the Euro [...]
A recent surge in government bond market volatility can be blamed on the quantitative easing program of the European Central Bank, according to one of Europe’s top financial regulators. EIOPA, the body responsible for regulating insurers and pension funds in the European Union, has warned that the ECB’s decision to buy billions of euros’ worth of [...]
BRSANALYTICS Parnter Announcement We are all aware of the ever increasing pressures of regulatory reporting obligations; the insufficient time and lack of resources put a lot of strain on your internal teams. It is not easy to increase the resources in this space without affecting adversely your competitiveness. As from April 2015, Computime BRSANALYTICS [...]
We are proud to announce the release of the FINREP BRSANALYTICS Package. Similar to the BR06 Package, the FINREP pack automates the FINREP returns by automatically collecting data and populating over 34 returns. Challenges Some of the key challenges financial institutions face with FINREP is: increased complexity regulatory interpretation increased granularity leading to possible [...]