2014

382 records

No records

HKMA Supervisory Policy - Recovery Planning

HKMA supervisory policy guidance on the key elements of effective recovery planning

Hong Kong Monetary Authority's supervisory policies and practices on recovery planning, the minimum standards authorized institutions ("AIs") are expected to attain in order to satisfy the requirements of the Banking Ordinance, and recommendations on best practices that AIs should aim to achieve.

Publisher: National Regulators Release date: Jun 2014 Country: Hong Kong, China

Type: Guideline

Peer: HKMA Supervisory Policy - Recovery Planning for Foreign Branches , Bank Culture Reform

Topics: Recovery and resolution, Crisis management and contingency planning

Sectors: Banking, Insurance, Securities

Guidance for Setting Countercyclical Capital Buffers

ESRB recommendations for setting countercyclical buffer rates under CRD IV

European Systemic Risk Board recommendations for setting countercyclical buffer rates under the European Union Capital Requirements Directive (CRD IV). The countercyclical capital buffer regime follows the principle of ‘guided discretion’ whereby supervisory authorities combine a rules-based approach with the exercise of their discretionary powers in deciding on the appropriate buffer rate. Recommendations address: i) principles for assessing and setting the appropriate countercyclical buffer rates; ii) measurement and calculation of the credit-to-GDP gap, calculation of the benchmark buffer rate and the buffer guide; iii) variables that indicate the build-up of system-wide risk associated with periods of excessive credit growth, and; iv) variables that indicate that the buffer should be maintained, reduced or fully released.

Publisher: Regional Standard-Setting Bodies Release date: Jun 2014

Type: Guideline

Parent: Guidance for National Authorities Operating the Countercyclical Capital Buffer, Capital Requirements Directive - CRD IV

Peer: Operationalising the Countercyclical Capital Buffer: Indicator Selection, Threshold Identification and Calibration Options

Topics: Capital adequacy, Macroprudential, Systemic risk

Sectors: Banking

Supervisory Guidelines for Identifying and Dealing with Weak Banks

BCBS consultative report with guidelines for problem identification, corrective action, resolution techniques and exit strategies

Basel Committee on Banking Supervision draft guidance highlighting the importance of: i) a clear operating framework to lessen the risk that legal and accounting gaps and political interference will undermine supervisory action; ii) prevention and early identification through financial reporting and monitoring, on-site examination, and regular liaison with auditors and bank management; iii) early preparation, including communication strategies and recovery and resolution plans; and iv) close international cooperation among supervisors and other relevant authorities.

Release date: May 2014

Type: Consultative, discussion and issues paper

Deadline for comments: Sep 2014

Operationalising the Countercyclical Capital Buffer: Indicator Selection, Threshold Identification and Calibration Options

Analysis underpinning ESRB Recommendation on guidance on setting countercyclical buffers

European Systemic Risk Board analysis underpinning its recommendation on setting countercyclical buffer rates under the EU Capital Requirements Directive (CRD IV).

Publisher: Regional Standard-Setting Bodies Release date: May 2014

Type: Consultative, discussion and issues paper

Topics: Capital adequacy, Macroprudential, Systemic risk

Sectors: Banking

Markets in Financial Instruments Directive - MiFID II

EU directive establishing the legal framework governing investment services in financial instruments by banks and investment firms

European Union legal framework for banks and investment firms that must be transposed into national law in all EU jurisdictions. Provides for: i) conduct of business and organizational requirements for investment firms; ii) authorization requirements for regulated markets; iii) regulatory reporting to avoid market abuse; iv) trade transparency obligation for shares; and v) rules on admission of financial instruments to trading.

Publisher: Regional Standard-Setting Bodies Release date: May 2014

Type: Law, Regulation and Policy

Topics: Supervisory framework, Risk management, Corporate governance, Capital adequacy, Systemically important financial institutions (SIFIs), Macroprudential

Sectors: Banking, Insurance, Pensions, Securities

Bank Recovery and Resolution Directive (BRRD)

Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 on bank recovery and resolution

Sets out the special resolution regime for banks and investment firms in the European Union. Harmonizes and upgrades tools for dealing with bank crises. Banks are required to prepare recovery plans to overcome financial distress, while authorities must prepare plans to resolve failed banks in a way which preserves their critical functions and avoids taxpayers losses. Authorities are granted powers to intervene in the operations of banks to mitigate the risk of failure. If they do fail, authorities are equipped with comprehensive powers and tools to restructure them, allocating losses to shareholders and creditors following a clearly defined hierarchy.

Publisher: Regional Standard-Setting Bodies Release date: May 2014

Type: Standard

Parent: Key Attributes of Effective Resolution Regimes for Financial Institutions

Peer: Regulatory Technical Standards for Notifications Required under the EU Bank Recovery and Resolution Directive, Application of Simplified Obligations, Guidelines on Measures to Reduce or Remove Impediments to Resolvability, Content of Recovery Plans, Resolution Plans and Group Resolution Plans , Comparative Report on Governance Arrangements and Recovery Indicators

Topics: Recovery and resolution, Crisis management and contingency planning, Cross-border cooperation, Systemic risk, Systemically important financial institutions (SIFIs)

Sectors: Banking, Securities

A Carbon Tax in Broader U.S. Fiscal Reform: Design and Distributional Issues

C2ES policy paper examines issues and options for designing a carbon tax

Center for Climate and Energy Solutions policy report examines issues and options for designing a carbon tax in the United States. Reviews rationales for a carbon tax in context of broader fiscal reform, explains design issues, describes potential revenue and environmental benefits, and explores options for using revenue.

Publisher: Industry Groups Release date: May 2014 Country: United States

Type: Consultative, discussion and issues paper

Topics: Climate change

EU Deposit Guarantee Scheme Directive

Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes

Sets out requirements for Deposit Guarantee Schemes (DGS) in the European Union. All EU Member States must put in place a DGS. Defines deposits eligible for coverage and amount of coverage (Euro 100,000). Sets repayment timeframe requirements. Addresses funding of DGS and use of funds.

Publisher: Regional Standard-Setting Bodies Release date: Apr 2014

Type: Standard

Topics: Deposit insurance, Recovery and resolution

Sectors: Banking

Supervisory Framework for Measuring and Controlling Large Exposures

BCBS large credit exposures standard

Basel Committee on Banking Supervision standard elaborating on the requirement in the Basel Core Principles (BCPs) that supervisors set prudent limits on large exposures to a single borrower or a closely related group of borrowers.

Publisher: Global Standard-Setting Bodies Release date: Apr 2014

Type: Standard

Topics: Credit risk, Risk management

Sectors: Banking

Insurance Supervision Act: Amendment Promulgated in the Federal Law Gazette

Insurance Supervision Act (Germany)

BaFin announcements amendments to German Insurance Supervision Act. Includes special rules for insurance groups and transitional provisions intended to make changeover to new supervisory regime easier for undertakings. New legislation reflects two systems: i) undertakings that fall within scope of Solvency II; and ii) companies that are not subject to European supervisory regime. Act to Modernise Financial Supervision of Insurance Undertakings enters into force on 1 January 2016, with exception of a provision which comes into effect immediately and allows BaFin, among other things, to issue certain supervisory authorisations in anticipation of Solvency II.

Release date: Apr 2014 Country: Germany

Type: Law, Regulation and Policy

Deadline for comments:

Display # Page 7 of 9 Total: 88

Start
Prev
1
2
3
4
5
6
7
8
9
Next
End

Resources

382 records

HKMA Supervisory Policy - Recovery Planning

Guidance for Setting Countercyclical Capital Buffers

Supervisory Guidelines for Identifying and Dealing with Weak Banks

Operationalising the Countercyclical Capital Buffer: Indicator Selection, Threshold Identification and Calibration Options

Markets in Financial Instruments Directive - MiFID II

Bank Recovery and Resolution Directive (BRRD)

A Carbon Tax in Broader U.S. Fiscal Reform: Design and Distributional Issues

EU Deposit Guarantee Scheme Directive

Supervisory Framework for Measuring and Controlling Large Exposures

Insurance Supervision Act: Amendment Promulgated in the Federal Law Gazette

Browse by Category

TC Notes

Sector

Topic

Country

Resource Type

Year Released

Publisher Type