In a recent Statistical Notice (2024/04) the Bank of England provided important updates regarding Form IPA UAT Testing and XBRL Migration.
The European Banking Authority (EBA) has launched an industry survey, inviting credit institutions to contribute insights into their methodologies for classifying exposures to environmental, social, and governance (ESG) risks.
The European Banking Authority (EBA) recently published a report highlighting the risks posed to banks due to the misalignment of financing portfolios with EU climate objectives. The transition toward a decarbonised economy introduces significant risks affecting credit portfolios, operational, market, and liquidity risks for financial institutions.
The European Central Bank (ECB) has released supervisory banking statistics for significant institutions, providing a comprehensive view of the third quarter of 2023. Key indicators highlight the health and performance of the banking sector, with crucial data reported in XBRL format, enabling in-depth analysis and comparisons.
The European Banking Authority (EBA) recently conducted its 2023 stress test, providing a comprehensive assessment of the European banking system’s resilience and vulnerabilities. Notably, the data underpinning this evaluation is sourced from digital regulatory data, demonstrating the utility of digital technology in supervision.
The European Central Bank (ECB) is starting to use artificial intelligence (AI) to enhance its operations. As AI continues to evolve, it offers interesting potential for a range of central banking tasks, including data analysis, risk management, banking supervision, and monetary policy analysis.
The European Banking Authority (EBA) has set its Environmental, Social, and Governance (ESG) Pillar 3 disclosure rules in motion. A recent article from Wolters Kluwer takes a deep dive into the latest requirements.
The De Nederlandsche Bank (DNB) is initiating a purchasing process for software to enable the disclosure of information from XBRL taxonomies and reports. This move comes as a follow-up to the request for information (RFI) issued last year, in line with DNB’s ongoing efforts to enhance its reporting capabilities.
The Single Resolution Board (SRB) has released its Annual Report for 2022, providing insights into its work in enhancing the stability of Europe’s banking sector and ensuring the resolvability of SRB banks.
Rebecca Jackson, director of the UK’s Prudential Regulation Authority (PRA), recently delivered a speech at the Association Of Foreign Banks Mansion House Lunch, shedding light on the PRA’s approach to data regulation and supervision in the financial industry.