Capital adequacy and European Banking Authority: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Mend link.)
 
imported>Doug Williamson
(Update responsibilities - source - https://www.eba.europa.eu/about-us/eba-at-a-glance)
 
Line 1: Line 1:
1. ''Bank regulation - capital requirements - Bank for International Settlements (BIS).''
''European Union (EU).''


Capital adequacy is the system of regulating banks (and other financial institutions) by requiring them to maintain minimum acceptable levels - and types - of capital, adequate to absorb their potential credit losses and other trading losses.
(EBA).


The EBA's responsibilities include:


Requirements are laid down internationally by the Bank for International Settlements (BIS) and implented and monitored by domestic central banks.  
*Ensuring effective and consistent prudential regulation and supervision across the European banking sector.
*Maintaining financial stability in the EU.
*Safeguarding the integrity, efficiency and orderly functioning of the banking sector.
*Contributing to the creation of a European Single Rulebook in banking whose objective is to provide a single set of harmonised prudential rules for financial institutions throughout the EU.
*Promoting convergence of supervisory practices.
*Assessing risks and vulnerabilities in the EU banking sector.


Historically, the BIS capital adequacy standard had been 8%.


Under the Basel III framework this standard was increased (strengthened) substantially - very roughly doubled - and its measurement refined.  
''The European Banking Authority was established in 2011 as the successor to the former Committee of European Banking Supervisors.''




2. ''Insurance & other contexts.''
== See also ==
 
* [[AMC]]
Similar risk management and regulation in other contexts.
* [[Bank of England]]  (BoE)
 
* [[Bank supervision]]
For example, insurance companies.
* [[Basel III]]
* [[Capital adequacy]]
* [[European Central Bank]]  (ECB)
* [[European Union]]  (EU)
* [[Euro zone]]
* [[Federal Reserve System]]  (FRS)
* [[Financial institution]]
* [[Home supervisor]]
* [[Host supervisor]]
* [[Internal Market]]
* [[Prudential regulation]]
* [[Prudential Regulation Authority]]  (PRA)
* [[Regulation]]
* [[Supervision]]
* [[Supervisory college]]




== See also ==
==External link==
* [[Bank for International Settlements]] (BIS)
*[https://www.eba.europa.eu/about-us/eba-at-a-glance European Banking Authority - about us]
* [[Basel II]]
* [[Basel 2.5]]
* [[Basel III]]
* [[Capital]]
* [[Capital Requirements Directive]]
* [[Central bank]]
* [[Common equity]]
* [[Countercyclical buffer]]
* [[Economic capital]]
* [[G-SIB]]
* [[GCLAC]]
* [[ICAAP]]
* [[Insurance]]
* [[Insurance Capital Standard]]
* [[Interest Rate Risk in the Banking Book]]  (IRRBB)
* [[IRB]]
* [[Microprudential]]
* [[Own funds]]
* [[Pillar 1]]
* [[Pillar 2]]
* [[Pillar 3]]
* [[Primary Loss Absorbing Capital]]
* [[Regulatory capital]]
* [[Reserve requirements]]
* [[Risk Weighted Assets]]  (RWAs)
* [[Settlement risk]]
* [[Slotting]]
* [[Solvency II]]


[[Category:Compliance_and_audit]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 20:42, 9 October 2021

European Union (EU).

(EBA).

The EBA's responsibilities include:

  • Ensuring effective and consistent prudential regulation and supervision across the European banking sector.
  • Maintaining financial stability in the EU.
  • Safeguarding the integrity, efficiency and orderly functioning of the banking sector.
  • Contributing to the creation of a European Single Rulebook in banking whose objective is to provide a single set of harmonised prudential rules for financial institutions throughout the EU.
  • Promoting convergence of supervisory practices.
  • Assessing risks and vulnerabilities in the EU banking sector.


The European Banking Authority was established in 2011 as the successor to the former Committee of European Banking Supervisors.


See also


External link