Basel Committee on Banking Supervision

Financial Results For The Nine Months Ended 30 September 2023

Retrieved on: 
Tuesday, October 10, 2023
Asset, Basel Committee on Banking Supervision, Capital adequacy ratio, Equity, MEA, LCR, Growth, CAR, NPL, QNB Group, Qatar Central Bank, Airline, Cryptocurrency, Bank

DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.

Key Points: 
  • DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
  • Net profit for the nine months ended 30 September 2023 reached QAR11.9 billion (USD3.3 billion), an increase of 8% compared to same period last year.
  • Also QNB Group's loans to deposits ratio remained strong at 99.2% as at 30 September 2023, well within the regulatory limits.
  • Also, Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 September 2023 amounted to 166% and 102% respectively.

Financial Results For The Nine Months Ended 30 September 2023

Retrieved on: 
Tuesday, October 10, 2023
Asset, Basel Committee on Banking Supervision, Capital adequacy ratio, Equity, MEA, LCR, Growth, CAR, NPL, QNB Group, Qatar Central Bank, Airline, Cryptocurrency, Bank

DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.

Key Points: 
  • DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
  • Net profit for the nine months ended 30 September 2023 reached QAR11.9 billion (USD3.3 billion), an increase of 8% compared to same period last year.
  • Also QNB Group's loans to deposits ratio remained strong at 99.2% as at 30 September 2023, well within the regulatory limits.
  • Also, Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 September 2023 amounted to 166% and 102% respectively.

Frank Elderson: Interview with Market News International

Retrieved on: 
Friday, September 29, 2023
Well, Personal ordinariate, Uncertainty, Pessimism, European Central Bank, Food, EU, Speech, Overalls, Policy, Communication, Terschelling, Board of directors, Basel Committee on Banking Supervision, Frankfurt, MNI – Market News, Executive Board of the European Central Bank, Climate change, GDP, Time, Risk, ECB, Supervisory board, Compliance, Growth, Weather, Reproduction, Environment, Glass, Management, Bank, Renewable energy, Cryptocurrency, Creative industries, Online shopping
Key Points: 

EBA consults on amendments to the Guidelines on the specification and disclosure of systemic importance indicators

Retrieved on: 
Wednesday, August 2, 2023
BCBS, Financial Stability Board, Disclosure, Basel Committee on Banking Supervision, FSB, European Banking Authority, EBA, Finance, European, CRD, Basel, Terminology, Cryptocurrency, Risk management, Audit, EU

01 August 2023

Key Points: 
  • 01 August 2023
    The European Banking Authority (EBA) launched today a public consultation on amendments to its Guidelines on the specification and disclosure of systemic importance indicators.
  • To ensure consistency between the internationally agreed standards and the EU regulatory framework, the annex of the EBA Guidelines has been amended to replicate the yearly updated Basel reporting template.
  • The EBA will not hold a virtual public hearing on the consultation paper considering the low impact of the suggested changes.
  • The scope of the consultation, and of the consultation questions, is limited to the amendments and additions.

OSFI launches consultation on regulatory capital and liquidity treatment of crypto-asset exposures

Retrieved on: 
Wednesday, July 26, 2023
BCBS, Insurance, Financial institution, Basel Committee on Banking Supervision, Superintendent, OSFI, Guideline, Cryptocurrency

Today, OSFI announced two draft guidelines, one for federally regulated deposit-taking institutions and another for insurers, on the regulatory capital treatment of crypto-asset exposures.

Key Points: 
  • Today, OSFI announced two draft guidelines, one for federally regulated deposit-taking institutions and another for insurers, on the regulatory capital treatment of crypto-asset exposures.
  • The Basel Committee on Banking Supervision released new banking standards for crypto-asset exposures in December 2022 .
  • Comments can be sent to [email protected]
    These guidelines will replace the interim advisory on the regulatory treatment of crypto-asset exposures , published in August 2022, when they come into effect in early 2025.
  • "Deposit-taking institutions and insurers need clarity on how to treat crypto-asset exposures when it comes to capital and liquidity.

EBA publishes validation requirements on initial margin models

Retrieved on: 
Friday, July 7, 2023
RTS, European Insurance and Occupational Pensions Authority, European Market Infrastructure Regulation, European Banking Authority, Financial Services and Markets Authority (Belgium), Civil service commission, Opinion, BCBS, European Securities and Markets Authority, Article, EBA, IM, Committee of Wise Men on the Regulation of European Securities Markets, European, Basel Committee on Banking Supervision, OTC, Bank, Compliance, International Organization (journal), International Organization of Securities Commissions, EMIR, Securities commission, European Commission, IOSCO, Cryptocurrency, Medical device, EU

06 July 2023

Key Points: 
  • 06 July 2023
    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on Initial Margin Model Validation (IMMV) under the European Markets Infrastructure Regulation (EMIR).
  • These draft RTS set out the supervisory procedures to ensure the prudent use of initial margin models for OTC derivatives.
  • The requirements set out in the RTS envisage a phased-in implementation of the supervisory requirements to ensure a smooth model validation process.
  • Jointly with the RTS, the EBA published an Opinion on IMMV, calling on co-legislators and the European Commission to consider the establishment of a centralised validation function at the EBA to ease the coordination issues linked to the validation of IM models that have industry-wide application.

Implications for macroprudential policy as the financial cycle turns

Retrieved on: 
Tuesday, July 4, 2023
Insurance, Global, Housing, Czech Republic, Coronavirus, S, Section 5 of the Indian Limitation Act, Jonas Prapiestis, Journal, Risk, Buffer, Acceleration, Saldías, Navarre, Environment, SRI, RRE, Face, Policy, LTV, ECB, Basel Committee on Banking Supervision, Credit, Pressure, Tooth loosening, European Central Bank, COVID-19, Section 1, BBM (software), Bank for International Settlements, LTI, Fahr, A, Adoption, BSI, Probability, Financial crisis, P, SSM, United Kingdom, Weather, Bank, Security (finance), Real estate, Bookkeeping, Instrumentation, Cryptocurrency, Security printing, Wood drying, Macroprudential regulation
Key Points: 

Fabio Panetta: Central clearing in turbulent times: frontiers in regulation and oversight

Retrieved on: 
Friday, June 23, 2023
CCP, Review, Federal Reserve Bank, Human, European Central Bank, Particular, International, Board, European Parliament, European Securities and Markets Authority, Central bank, Communication, Disclosure, Risk management, Committee of Wise Men on the Regulation of European Securities Markets, Central, Basel Committee on Banking Supervision, Attention, Board of directors, Finance, Frankfurt, Committee, Market, FSB, International Organization of Securities Commissions, Executive Board of the European Central Bank, Financial Stability Board, Risk, ECB, Council, CPMI, Recovery, G20, Efficiency, Bank, International Organization (journal), Reproduction, Conference, IOSCO, Medical device, Insurance, Security (finance), Creative industries, Renewable energy, Cryptocurrency, EU, European
Key Points: 

ECB publishes consolidated banking data for end-December 2022

Retrieved on: 
Friday, June 23, 2023
European banking union, European Central Bank, Visa requirements for Turkish citizens, International, Capital Requirements Regulation 2013, Communication, Common equity, Basel Committee on Banking Supervision, EU27, Frankfurt, International Financial Reporting Standards, Data, Risk, ECB, Efficiency, Reproduction, Cryptocurrency, Bank, Financial services, Bookkeeping, Instrumentation, Nightclub, EU

These annual data provide information required to analyse the EU banking sector and are broader in scope than the standard quarterly releases.

Key Points: 
  • These annual data provide information required to analyse the EU banking sector and are broader in scope than the standard quarterly releases.
  • The data cover 314 banking groups and 2,375 stand-alone credit institutions operating in the EU (including foreign subsidiaries and branches), accounting for nearly 100% of the EU banking sector’s balance sheet.
  • In addition to data as at end-December 2022, the published figures also include a few revisions to past data.
  • Notes
    - These consolidated banking data are available in the ECB’s Statistical Data Warehouse.

OSFI releases draft Solo frameworks for public consultation

Retrieved on: 
Thursday, June 1, 2023
Parent, Guideline, International Association, International Association of Insurance Supervisors, Basel Committee on Banking Supervision, Financial institution, Solo, OSFI, Hearing, Total Loss, Superintendent, Cryptocurrency, Insurance, Bank

OTTAWA, ON, June 1, 2023 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) released two draft frameworks, open for public consultation until June 30, 2023, that will strengthen Canada's financial system:

Key Points: 
  • OTTAWA, ON, June 1, 2023 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) released two draft frameworks, open for public consultation until June 30, 2023, that will strengthen Canada's financial system:
    Parental Stand-alone (Solo) Capital Framework for internationally active life insurance groups.
  • The two solo frameworks focus on the loss-absorbing capacity of the Canadian parent bank or Canadian parent operating life insurer, rather than its entire, consolidated operations, allowing OSFI to assess the stand-alone financial strength of the parent and its ability to act as source of strength for its subsidiaries and branches.
  • These two draft guidelines complement OSFI's existing TLAC and capital guidelines for D-SIBs and life insurers respectively on a group consolidated basis, providing an additional layer of protection to safeguard the rights and interests of depositors, policyholders, and creditors.
  • OSFI will assess them and issue final frameworks later this year.