Insurance & Asset Management Update – January
  • Saturday, 30 January 2021

Insurance & Asset Management Update – January

Asset Management IOSCO seeks to help regulators address retail market conduct risks during stress events The International Organization of Securities Commissions (IOSCO) has published a report aiming to support regulators dealing with retail market conduct issues following stress events, such as the COVID-19 crisis. The report identifies several retail misconduct risks appearing in the financial […]

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Team of seasoned Subject Matter Experts joining Zanders!
  • Thursday, 28 January 2021

Team of seasoned Subject Matter Experts joining Zanders!

This year has started with an expansion of the Zanders family; we have increased our expertise globally by hiring five expert new colleagues with over 100 years combined relevant working experience. We are proud to welcome these colleagues, who will be located in the US, the UK, South Africa and The Netherlands. Please let us […]

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Publications regarding the Fundamental Review of the Trading Book (FRTB)
  • Wednesday, 20 January 2021

Publications regarding the Fundamental Review of the Trading Book (FRTB)

On 3 December 2020, the European Banking Authority (EBA) published final draft Regulatory Technical Standards (RTS) on how institutions are to calculate the own funds requirements for foreign-exchange (FX) and commodity risks stemming from banking book positions under the FRTB standardised (SA) and internal model approaches (IMA). The final draft RTS specify that institutions can […]

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Financial market pressure as an impediment to the usability of regulatory capital buffers
  • Wednesday, 20 January 2021

Financial market pressure as an impediment to the usability of regulatory capital buffers

Supervisory authorities adopted a comprehensive set of measures in response to the COVID-19 pandemic to avoid a procyclical decline in bank lending. Measures included temporary capital relief by allowing banks to use capital buffers, including Pillar 2 guidance (P2G) and adjustments to the composition of Pillar 2 requirements (P2R), recommendations to temporarily cancel dividends, and […]

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Developments in climate change risk management
  • Wednesday, 20 January 2021

Developments in climate change risk management

On 3 November 2020, the European Banking Authority (EBA) published a Discussion Paper (DP) on Environmental, Social and Governance (ESG) risk management and supervision. It provides a proposal on how ESG factors and risks could be included into business strategies, governance and risk management and in the regulatory and supervisory framework for credit institutions and […]

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