29 November 2014

Stuart Clark

Stuart Clark - Impendium Systems

272 | posts 368,717 | views 0 | comments

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

EBA publishes fifth report on Basel III monitoring exercise

13 March 2014  |  823 views  |  0

The European Banking Authority (EBA) has published its fifth report on the Basel III monitoring exercise on the European banking system. This was run in parallel with the exercise conducted by the Basel Committee on Banking Supervision at a global level and monitored the impact of the implementation of the Basel III requirements in the EU.  A total of 174 banks participated in the exercise on a voluntary and confidential basis

In section 1.4 of the report titled “Data Quality” the EBA notes that for this monitoring exercise, participating banks submitted comprehensive and detailed non-public data on a voluntary and best-efforts basis.  National supervisors worked closely with banks to ensure data quality, completeness and consistency with the reporting instructions.  Banks were included in the sample for each of the analyses only as far as they provided data of sufficient quality to complete the analysis.

For the liquidity elements, data quality had been significantly improved amid the experience gained from the work on the Basel III monitoring exercise.  Nevertheless, some differences in banks’ reported liquidity risk positions could be attributed to differing interpretations of the rules.  Most notably individual banks appeared to be using different methodologies to identify operational wholesale deposits and exclusions of liquid assets due to failure to meet the operational requirements.

Related link:

http://www.eba.europa.eu/documents/10180/534414/Basel+III+Monitoring+Exercise+Report+%28as+of+30+June+2013%29.pdf

 

 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from Stuart

FSB to publish report on sharing derivative data

08 May 2014  |  1408 views  |  0  |  Recommends 0 GroupFinancial Services Regulation

BCBS publishes capital standard for bank exposures to CCPs

07 May 2014  |  3697 views  |  0  |  Recommends 0 GroupFinancial Services Regulation

EIOPA chair calls for extended powers of inquiry

06 May 2014  |  779 views  |  0  |  Recommends 0 GroupFinancial Services Regulation

EC consults on the definition of FX financial instruments

02 May 2014  |  1315 views  |  0  |  Recommends 0 GroupFinancial Services Regulation

ESAs issue RTS for non-centrally cleared OTC derivatives

01 May 2014  |  1058 views  |  0  |  Recommends 0 GroupFinancial Services Regulation
name

Stuart Clark

job title

Product Development Director

company name

Impendium Systems

member since

2012

location

London

Summary profile See full profile »
Co-founded Impendium in 2006. Previously head of Client Services for Deutsche Banks top 100 cust...

Stuart's expertise

What Stuart reads
Stuart writes about

Who is commenting on Stuart's posts

Horst Simon