EBA publishes Opinion on the application of customer due diligence measures to customers who are asylum seekers from higher-risk third countries or territories
The European Banking Authority (EBA) published today its Opinion setting out measures credit and financial institutions can take to comply with EU Anti- Money Laundering and Counter-Terrorist Financing (AML/CFT) requirements when providing asylum seekers [...]
ESAs identify vulnerabilities affecting the EU financial system and suggest actions to address the main risks
The Joint Committee of the European Supervisory Authorities (EBA, EIOPA, ESMA – ESAs) published today its Spring 2016 Report on Risks and Vulnerabilities in the EU Financial System. The Joint Committee highlights three main [...]
EBA updated Risk Dashboard shows EU banks have further increased their capital ratios in Q4 2015
The European Banking Authority (EBA) published today the periodical update of its Risk Dashboard summarising the main risks and vulnerabilities in the banking sector on the basis of the evolution of a set of [...]
EBA reports on high earners and the effects of the bonus cap
The European Banking Authority (EBA) report on remuneration practices published today shows that the number of high earners in EU banks increased significantly in 2014, while the average ratio between the variable and fixed [...]
How the ECB wants to help risky band bonds
Investors have very short memories when central banks offer comfort. Junior bank debt has rallied sharply since Mario Draghi, European Central Bank president, lent his support last week. UBS this week sold the first [...]
Bankers ‘terrified’ at new regulations
New rules to make bankers more accountable already seem to be giving some of them nightmares. City of London bosses warn they may be so “terrified” of the latest regime that they will hesitate [...]