The programme assesses the effectiveness of individual standards, the interaction and coherence between standards, the risk of regulatory arbitrage, and the broader macroeconomic impact of the post-crisis reforms.Five members of ECB Banking Supervision staff joined the BCBS data analysis team to contribute to the preparation of reports on the ECB Banking Supervision staff is represented in a total of 50 EBA committees and work streamsThroughout 2019 ECB Banking Supervision worked closely with the EBA towards their shared objectives of increasing financial stability and promoting consistent supervision across the European banking sector.ECB Banking Supervision actively contributed to the EBA’s work at all levels. The bottom-up exercise covered 103 SIs and was based on banks’ liquidity information as at the end of 2018. This allows them to address rapidly changing risks at the level of the individual institution or at the level of the entire system.The off-site SEP activities include (i) risk-related activities (e.g. For each grouping, the costs reported include the allocation of shared services provided by the ECB’s support business areas. Further internalisation measures are still under review and may result in future increases in FTEs.Consequently, the managed growth in the expenditure for supervisory tasks will continue in 2020, increasing by 12% compared with 2019. These tools display aggregated risk indicators in each jurisdiction of European banking supervision, together with the corresponding system-wide benchmarks. In June 2019 it organised a workshop with more than 180 participants from 88 banks.
Operational risk is a good example. So yes, I do subscribe to regulatory reform, including the final package of Basel III. In other words, sound ICAAPs and ILAAPs reflect positively on a bank’s SREP.The ICAAP and ILAAP will play an even bigger role in the SREPIn the future, the ICAAP and ILAAP will play an even bigger role in the SREP, which will incentivise banks to keep improving their internal processes. In 2019 the assessment of institutions’ ICAAPs and ILAAPs against the backdrop of the new The LiST examined banks’ resilience in terms of liquidity.
Second, it required the ECB to sign an agreement setting out the practical modalities for exchanging information with the national AML/CFT authorities supervising credit and financial institutions within the European Economic Area. hތZͪ4� }�z������6�$�E�E�&��$�O�\�����r-.Um˲�#ɲ�f+[ڲ�M�����7�y˞6���y����@�]7+O�\��7��/�׆g݊*�m+X�1W�_I[�\.y��lMc\�V�}��+�+�uȐc��/X����#��C֊���+6H�+v�1t��O�Wlb����P'�H��8�L��-��X#��ciÂ*6pnc���H�$�^��%���&9a For instance, the ECB is a member of the Network for Greening the Financial System, which comprises more than 50 institutions from around the world.Over the most recent reporting periods, capital and leverage ratios have been stable at the aggregated levelOver the most recent reporting periods, capital ratios have been stable at the aggregated level (see Total capital ratio of significant institutions (transitional definition)(left-hand scale: EUR billions; right-hand scale: percentages)The weighted average fully-loaded CET1 ratio of significant institutions (SIs) remained stable between the fourth quarter of 2018 and the third quarter of 2019 at 14.1% (see The liquidity coverage ratio for the aggregated group of SIs continued its upward trendThe liquidity coverage ratio (LCR) for the aggregated group of SIs continued its recent upward trend, standing at 145.16% in the third quarter of 2019 – a 4.23 percentage point increase on the same period in the previous year (see ECB Banking Supervision conducted its sensitivity analysis of liquidity risk – stress test 2019In 2019 ECB Banking Supervision conducted an in-depth assessment of banks’ short-term liquidity risk as its annual supervisory stress test.