International Regulatory Updates

The European Banking Authority (EBA) published today a Report on the platformisation of the EU banking and payments sector. The EBA identifies a rapid growth in the use of digital platforms to ‘bridge’ customers and financial institutions, a trend expected to accelerate in line with the wider tr ...

The European Central Bank has published on its website a report on the sanctioning activities across the Single Supervisory Mechanism (SSM). This report has been prepared by the SSM Network of Enforcement and Sanctions Experts to present comprehensive statistics on the sanctioning activities in rela ...

The European Central Bank (ECB) has imposed administrative penalties of €420,000 on Allied Irish Banks plc and €195,000 on its subsidiary EBS dac after the banks miscalculated their risk-weighted assets for intragroup equity exposures. During nine and seven quarters respectively, Allied Irish ...

The European Banking Authority (EBA) published today its Report on high earners for 2019. The analysis shows that in 2019, 4 963 individuals working for EU banks received a remuneration of more than EUR 1 million, which is mostly the same as in 2018. The average ratio between the variable and fixed ...

The European Banking Authority (EBA) published today the results of its 2021 EU-wide stress test, which involved 50 banks from 15 EU and EEA countries, covering 70% of the EU banking sector assets. This exercise allows to assess, in a consistent way, the resilience of EU banks over a three-year hori ...

The European Central Bank (ECB) today published the results of the 2021 stress test, which show that the euro area banking system is resilient to adverse economic developments. The Common Equity Tier 1 (CET1) capital ratio of the 89 banks in the stress test would fall by an average of 5.2 percent ...

The European Central Bank (ECB) today decided not to extend beyond September 2021 its recommendation that all banks limit dividends. Instead, supervisors will assess the capital and distribution plans of each bank as part of the regular supervisory process. In March 2020 the ECB asked banks not ...

The European Central Bank (ECB) has today published the results of a comprehensive assessment of two Italian cooperative banks, one Estonian bank and one Lithuanian bank. The four banks, Cassa Centrale Banca – Credito Cooperativo Italiano S.p.A., Iccrea Banca S.p.A – Istituto Centrale del Credit ...

Capital Adequacy The aggregate capital ratios of significant institutions (i.e. banks that are supervised directly by the ECB) declined slightly in the first quarter of 2021 compared with the previous quarter. The aggregate Common Equity Tier 1 (CET1) ratio stood at 15.49%, the aggregate Tier 1 rat ...

The European Banking Authority (EBA) published today its quarterly Risk Dashboard together with the results of the spring edition of the Risk Assessment Questionnaire (RAQ). The Q1 data shows that the CET1 ratio increased slightly on a fully loaded basis. The NPL ratio improved further, except for s ...