European Banking Authority (EBA)
EBA: Common credit risk definitions vital
European regulators have overhauled bank reporting standards to ensure comparability, with new Finrep and Corep templates to be rolled out from this month. The latest step has been to agree common definitions for forborne and non-performing exposures…
Corep and Finrep: data overload?
The start of Europe’s new risk reporting regime was delayed by the drawn-out legislative debate on CRD IV, but that hasn’t given the industry much more time to prepare. Technical detail was published in July, just five months ahead of the 2014 start date…
VAR models need overhaul to apply CVA proxy rules, says EBA
EBA surprises industry with eleventh-hour guidance that spread simulations – not just initial levels – should account for rating, region and sector
Securitisation is "dead in Europe", say critics of new EBA proposals
Rules would require banks to allocate all securitisation exposure by individual, underlying obligor
CVA proxying: Nomura's alternative to "flawed" EBA method
A cross-section for CVA
Index roundup: Esma and EBA move to strengthen Euribor
Index roundup
EBA highlights shortfalls in Pillar III disclosure
A report issued this morning says many banks are failing to report market and credit risk adequately
Risk's 25th anniversary issue names 'Firms of the Future'
Looking ahead to a period of unprecedented change in derivatives markets, Risk's 25th anniversary issue has selected the companies it believes will do most to shape the future
Risk 25: Filling data gaps for risk analysis
Filling data gaps for risk analysis
JP Morgan loss highlights lack of risk experts on bank committees
A committed committee?
OpRisk Europe: Harmonised rules must preserve flexibility, panellists say
Speakers at OpRisk Europe conference call for balance between harmonisation and national freedom
Spanish banks allowed to ignore default risk for sovereign bonds
Banco de España is one of a number of European supervisors allowing its banks to ignore a Basel 2.5 requirement to model default risk on government bonds
Dangerous embrace: disentangling bank and state
Dangerous embrace
Reviving securitisation: regulators send mixed messages
Reviving securitisation
CoRep and FinRep: a "Frankenstein's monster" of reporting
Mind the language gap
Deleveraging fears overdone, says EBA chairman
Enria defends EBA's 9% capital buffer in New York speech
Opinions divided on benefits of XBRL reporting standard for Solvency II
The language barrier
Italy could face more swap terminations
Italian politicians claim Morgan Stanley's swap termination in January will be a one-off - but dealers say Italy's debt office is subject to other clauses that could have the same effect
Risk Annual Summit: Bank deleveraging 'might not be cyclical'
Aircraft, shipping and project finance all set to lose out as banks seek to constrain capital consumption, panellists warn
European regulators undecided on initial margin rules for uncleared swaps
Counterparties will have to post variation margin on uncleared trades – but questions remain over which firms will have to post and collect initial margin