EBI Regulatory Report #174

Business graphs and charts on table. Financial development, Banking Account, Statistics

EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(27 April 2024)

Professor Dr. Christos V. Gortsos and Daphne Farmaki
(Law School, National and Kapodistrian University of Athens)

All previous entries have been put in 3 archives, which can be retrieved here.

Main developments during the week 22 – 26 April 2024:

26 April

  • Decision (EU) 2024/1166 of the ECB of 8 February 2024 amending Decision (EU) 2020/440 on a temporary pandemic emergency purchase programme  (ECB/2020/17) (ECB/2024/7) (OJ L, 2024/1166, 26.4.2024)
  • Guideline (EU) 2024/1163 of the ECB of 8 February 2024 amending Guideline (EU) 2015/510 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60) (ECB/2024/4) (OJ L, 2024/1163, 26.4.2024)
  • Guideline (EU) 2024/1164 of the ECB of 8 February 2024 amending Guideline (EU) 2016/65 on the valuation haircuts applied in the implementation of the Eurosystem monetary policy framework (ECB/2015/35) (ECB/2024/5) (OJ L, 2024/1164, 26.4.2024)
  • Guideline (EU) 2024/1165 of the ECB of 8 February 2024 amending Guideline ECB/2014/31 on additional temporary measures relating to Eurosystem refinancing operations and eligibility of collateral (ECB/2024/6) (OJ L, 2024/1165, 26.4.2024)

25 April

  • Financial Stability Board (FSB): new global standard to support the orderly resolution of a central counterparty (CCP)
  • Basel Committee on Banking Supervision: Revised Core Principles for Effective Banking Supervision
  • EBA: increase of high earners in the EU in 2022
  • Eurogroup: Closing remarks by the Eurogroup President at the presentation of the French task force report on the reboot of the Capital Markets Union

24 April

  • ECB Eurosystem: Innovation, integration and independence: taking the Single Euro Payments Area to the next level
  • ECB and EIOPA: call for increased uptake of climate catastrophe insurance
  • Commission Delegated Regulation (EU) 2024/856 of 1 December 2023 supplementing Directive 2013/36/EU of the European Parliament and of the Council [CRD IV] with regard to regulatory technical standards specifying the supervisory shock scenarios, the common modelling and parametric assumptions and what constitutes a large decline (OJ L, 2024/856, 24.4.2024)
  • Commission Delegated Regulation (EU) 2024/857 of 1 December 2023 supplementing [the CRD IV] with regard to regulatory technical standards specifying a standardised methodology and a simplified standardised methodology to evaluate the risks arising from potential changes in interest rates that affect both the economic value of equity and the net interest income of an institution’s non-trading book activities (OJ L, 2024/857, 24.4.2024)
  • Commission Implementing Regulation (EU) 2024/855 of 15 March 2024 amending the implementing technical standards laid down in Implementing Regulation (EU) 2021/451 as regards rules on the supervisory reporting of interest rate risk in the banking book (OJ L, 2024/855, 24.4.2024)
  • EBA: consultation on draft technical standards on the specification of long and short positions under the derogations for market and counterparty risks

23 April

  • ECB/Eurosystem: G7 Cyber Expert Group conducts cross-border coordination exercise in the financial sector
  • Council Recommendation of 12 April 2024 on the economic policy of the euro area (OJ C, C/2024/2807, 23.4.2024)
  • ESRB: advice to EIOPA on the prudential treatment of environmental and social risks

22 April

  • Directive (EU) 2024/1174 of the European Parliament and of the Council of 11 April 2024 amending Directive 2014/59/EU [BRRD] and Regulation (EU) No 806/2014 [SRMR] as regards certain aspects of the minimum requirement for own funds and eligible liabilities (OJ L, 2024/1174, 22.4.2024)
  • ESMA: proposal for changes to ELTIF Technical Standards