IFRS Sustainability Disclosure Taxonomy and PRA buffer: Difference between pages

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imported>Doug Williamson
(Create page - source - IFRS projects - https://www.ifrs.org/projects/work-plan/ifrs-sustainability-disclosure-taxonomy/request-for-feedback-and-comment-letters/)
 
imported>Doug Williamson
(Expand. Source Bank of England http://www.bankofengland.co.uk/publications/Pages/news/2015/061.aspx)
 
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''Financial reporting - sustainability - International Financial Reporting Standards (IFRS).''
''Capital adequacy - UK''.


The IFRS Sustainability Disclosure Taxonomy comprises two draft reporting standards:
The PRA buffer is an amount of capital which UK-regulated banks are required to hold, determined following stress testing.


*IFRS S1 General Sustainability-related Disclosure Requirements and
The amount is determined by the UK regulator, the Prudential Regulation Authority (PRA), following consultation with the regulated bank.
*IFRS S2 Climate-related Disclosures.
 
 
Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG).
 
 
The PRA buffer is sometimes known as the 'Pillar 2B' buffer.
 
The PRA buffer replaced the former 'capital planning buffer'.




== See also ==
== See also ==
* [[Climate-related disclosure]]
* [[Buffer]]
* [[Conceptual framework]]
* [[Capital adequacy]]
* [[Disclosure]]
* [[Idiosyncratic stress]]
* [[International Financial Reporting Standards]] (IFRS)
* [[Individual Capital Guidance]]
* [[International Financial Reporting Standards Foundation]]
* [[Pillar 2]]
* [[International Sustainability Standards Board]] (ISSB)
* [[Prudential Regulation Authority]]
* [[Sustainability]]
* [[Reverse stress test]]
* [[Taxonomy]]
* [[Scenario analysis]]
 
* [[Shock]]
[[Category:Accounting,_tax_and_regulation]]
* [[Stress]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 15:06, 29 October 2016

Capital adequacy - UK.

The PRA buffer is an amount of capital which UK-regulated banks are required to hold, determined following stress testing.

The amount is determined by the UK regulator, the Prudential Regulation Authority (PRA), following consultation with the regulated bank.


Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG).


The PRA buffer is sometimes known as the 'Pillar 2B' buffer.

The PRA buffer replaced the former 'capital planning buffer'.


See also