The EBA consults on amending its technical standards on the joint decision process for internal model authorisation

  • Post author:
  • Post category:

The European Banking Authority (EBA) today published a consultation paper amending the Implementing Regulation on the joint decision process for internal model authorisation under the Capital Requirements Regulation (CRR). The revised Implementing Technical Standards (ITS) incorporate changes to the EU legal framework, including the reduced scope of application for internal models under CRR III and

Continue ReadingThe EBA consults on amending its technical standards on the joint decision process for internal model authorisation

Survey on the Access to Finance of Enterprises: moderate tightening in reported financing conditions

  • Post author:
  • Post category:

15 July 2024 Euro area enterprises signalled more positive developments as regards the supply of bank loans, reflected in a slight increase in bank loan availability, fewer obstacles to obtaining loans, as well as an improvement in banks’ willingness to lend. Fewer firms recorded a moderate tightening of financing conditions in the second quarter of

Continue ReadingSurvey on the Access to Finance of Enterprises: moderate tightening in reported financing conditions

PSR and FCA launch joint call for information on big tech and digital wallets

  • Post author:
  • Post category:

The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the benefits and risks digital wallets bring to people and businesses. The use of digital wallets has grown rapidly over the last few years, and it’s likely that more than half of UK adults now use one. With Apple Pay, Google

Continue ReadingPSR and FCA launch joint call for information on big tech and digital wallets

PSR and FCA launch joint call for information on big tech and digital wallets

  • Post author:
  • Post category:

The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the benefits and risks digital wallets bring to people and businesses. The use of digital wallets has grown rapidly over the last few years, and it’s likely that more than half of UK adults now use one. With Apple Pay, Google Pay

Continue ReadingPSR and FCA launch joint call for information on big tech and digital wallets

ESMA publishes 2023 data on cross-border investment activity of firms

  • Post author:
  • Post category:

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, together with the National Competent Authorities (NCAs), completed an analysis of the cross-border provision of investment services during 2023. The data sets were collected from investment firms across 30 jurisdictions in the EU/EEA.  The main findings include: A total of around 386

Continue ReadingESMA publishes 2023 data on cross-border investment activity of firms