Stress test 2016 conducted by the European Banking Authority

05 November 2015

The European Central Bank (ECB) has today published the list of 39 euro area banks that will participate in the 2016 EU-wide stress test conducted by the European Banking Authority (EBA). The EBA will coordinate the exercise in cooperation with national authorities and the ECB. The overall exercise will examine a total of 53 banks across the EU. It will help the public and other stakeholders to compare and assess the resilience of the banks, notably their ability to absorb shocks and meet capital requirements under adverse macroeconomic conditions.

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Four significant Greek banks in stress under stress test

03 November 2015

ECB Banking Supervision conducted a comprehensive assessment of the four significant Greek banks (Alpha Bank, Eurobank, National Bank of Greece and Piraeus Bank) in line with the decision by the Euro Summit on 12 July 2015 and the Memorandum of Understanding between the European Commission, acting on behalf of the European Stability Mechanism, the Hellenic Republic and the Bank of Greece, signed on 19 August 2015.

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Stress Testing: Putting the Pieces Together to Solve an Increasingly Intricate Puzzle

01 November 2015

The global financial crisis and the aftermath that continues to unfold have created a justifiable obsession with stress among bankers and supervisors: how to prepare for it, guard against it and respond when it flares up by understanding the various sources of risk to which each institution is exposed and how the exposures interact with one another. The sharper focus has made stress testing a key component of the evolving global regulatory framework covering risk control, capital discipline and reporting.

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ECB published Report on Financial Structures

29 October 2015

The European Central Bank has today published the Report on Financial Structures (RFS) 2015. The RFS succeeds the Banking Structures Report (BSR) and covers not only the banking sector, but also other financial intermediaries, such as insurance corporations and pension funds (ICPFs), as well as non-bank and non-insurance financial intermediaries. Looking at interconnectedness across different parts of the financial sector, the report shows that banks and other financial intermediaries (OFIs) are the largest holders of loans. OFIs are also the largest counterparties. For debt securities, banks are both the largest holders and the largest counterparties.  Continue reading…

The Great Financial Plumbing

22 October 2015

The financial and economic crises have led to an enormous plumbing exercise, involving a fundamental re-design of the global and European regulatory and supervisory system. This book systematically assesses the big items on the G-20 and EU agendas and the effectiveness with which they have been implemented in the EU. Its publication coincides with the demand by European Commissioner Jonathan Hill, in the context of the Capital Markets Union, for a ‘comprehensive review’ of the impact and coherence of EU legislation in the area of financial services.
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