The level of co-ordinated focus, at a national as well as at a pan-European basis, on improving data quality is very impressive, although clearly it is still early days.
The EBA website has published a wealth of information about options and national discretions applied by EU National Competent Authorities as part of the Capital Requirements Directive (CRDIV) for bank supervision. The national variability displayed is a good example of the challenges faced both by internationally operating banks and the regulators themselves. The summary table is probably a good […]
Dutch banking giant ING has announced that from 1 January 2015 it will offer discounts on loan and credit applications for SME customers in the Netherlands who provide XBRL versions of financial statements through the Dutch SBR platform.