ESMA, EBA, and EIOPA warn consumers about high risks of virtual currencies like Bitcoin, including extreme volatility, lack of EU regulatory protection, price transparency issues, and operational disruptions, urging caution in investments.
Joint warning by the European Supervisory Authorities (EBA, ESMA, EIOPA) alerting consumers to high risks of virtual currencies like Bitcoin, including extreme volatility, lack of regulatory protection, operational disruptions, and potential total loss of investments under EU law.
European Supervisory Authorities (ESMA, EBA, EIOPA) warn consumers about high risks of virtual currencies like Bitcoin, including extreme volatility, lack of regulatory protection, price manipulation, and operational disruptions, emphasizing no legal safeguards for investors under EU law.
ESMA, EBA, and EIOPA warn consumers about high risks of virtual currencies like Bitcoin and Ether, highlighting extreme volatility, lack of regulatory protection, price opacity, and operational disruptions, urging caution in investments.
The European Supervisory Authorities (ESMA, EBA, EIOPA) warn consumers about the high risks of virtual currencies like Bitcoin, including extreme volatility, lack of legal protection, fraud, and operational failures, urging caution in investments.
ESMA, EBA, and EIOPA warn consumers about high risks of virtual currencies like Bitcoin, including extreme volatility, lack of regulatory protection, and potential total loss of investments under EU law.
ESMA, EBA, and EIOPA warn consumers about high risks of virtual currencies like Bitcoin, including extreme volatility, lack of EU regulatory protection, price manipulation, and potential total loss of investments, urging caution in unregulated digital asset markets.
ESMA, EBA e EIOPA avvertono i consumatori sui rischi delle valute virtuali come Bitcoin, evidenziando volatilità estrema, assenza di regolamentazione UE, mancanza di protezione legale e rischi di perdite totali, invitando alla massima cautela negli investimenti.
The European Banking Authority (EBA) launched today a consultation on its Guidelines for credit institutions on how to effectively manage non-performing exposures (NPEs) and forborne exposures (FBEs). The Guidelines target high NPE banks with the aim of achieving a sustainable reduction of NPEs to strengthen the resilience of their balance sheets and support lending into the real economy. The Guidelines are designed to ensure that consumers, who have taken out loans, are treated fairly at every stage of the loan life cycle. The consultation runs until 8 June 2018.
Notification by Lithuania’s Deposit and Investment Insurance on the insolvency of Centro taupomoji kasa credit union, revocation of its licence by the Bank of Lithuania, and reimbursement of €10.56 million in deposits to 1,000 depositors following capital adequacy breaches.
CRDIV_CRR - Basel III Report monitoring exercise - June 2017
The European Banking Authority (EBA) published today its thirteenth Report of the CRDIV-CRR/Basel III monitoring exercise on the European banking system. This exercise presents aggregate data on EU banks' capital, leverage, and liquidity ratios assuming full implementation of the CRD IV-CRR/Basel III framework. Overall, the results, based on data as of 30 June 2017, show a further improvement of European banks' capital positions, with a total average Common Equity Tier 1 (CET1) ratio of 13.8% (13.4% as of 31 December 2016). This exercise does not reflect any BCBS standards agreed since the beginning of 2016 or any other measures currently being considered by the BCBS.
The European Banking Authority (EBA) launched today a new web page including the tools to access its data point model (DPM), which compiles the harmonised data requirements included in its technical standards and guidelines. The role of this data dictionary is to enable the harmonisation of the banking regulatory framework by providing a clear interpretation of data exchange requirements to all relevant stakeholders. Regulators, supervisors, financial institutions, service providers, other organisations, and the general public, can use the DPM as a common repository of clear and structured specifications of the data referred to in the banking Regulation.
The European Banking Authority (EBA) published today its first Report on financial education, covering the years 2017/18. The Report is based on a repository of more than 80 financial education initiatives carried out by the national authorities supervising banking products and services across the 28 EU Member States. The Report provides an opportunity for national authorities to share and compare experiences, and for other organisations and individuals interested in financial education to learn about, and possibly build on, the work carried out so far in this area and the lessons learned.
EBA document detailing the Data Point Model (DPM) metamodel, explaining its structure, core concepts, and versioning for regulatory reporting frameworks like COREP and FINREP, including templates, dimensions, and data point management across ITS releases.
EBA public hearing presentation on draft regulatory technical standards (RTS) for risk retention under CRR and STS Regulation, covering retention requirements, due diligence, disclosure, and modalities for securitisation transactions.
EBA consultation on regulatory technical standards (RTS) defining homogeneity of underlying exposures in securitisation under the Securitisation Regulation – clarifying asset type criteria, risk factors, and cross-sectoral application for investor due diligence and risk assessment.