The European Banking Authority's (EBA's) Board of Supervisors approved last week a draft regulatory technical standard (RTS) on the definition of material risk takers (MRTs). The RTS includes a requirement that all employees whose total remuneration is greater than €500,000 should be deemed to be MRTs. Assuming that it is approved, the RTS will come into effect during 2014, ahead of the 2014/15 remuneration round.
The Financial Conduct Authority (FCA) is only just getting going, but it’s already clear that it intends to reach into new areas not touched by the Financial Services Authority (FSA). Building on our recent webcast on conduct, we share our thoughts on how you can stay ahead of the conduct agenda in this publication.
87% of banking and capital markets CEOs are changing their strategies for customer growth, loyalty and retention while continued concern about regulation continues. Read the full findings from our latest CEO Survey.
Richard Barfield’s update on the opportunities for banks in a Basel III world including CRD IV, LCR and the Net Stable Funding Ratio.
Overview of CASS risks relating to Money Market Deposits
On 7 January 2013 the Basel Committee on Banking Supervision (BCBS) issued a finalised standard on the Liquidity Coverage Ratio (LCR). The LCR forms one of the key planks of the Basel III reform package. This note summarises the key changes to the LCR, and provides an initial assessment of the impact of these changes.
Companies should manage volatile commodity prices as it impacts financial performance, cash flows and margin and influences share price and market reputation.
Analysing the ripple of debt in Europe to show how this becomes a negative fiscal feedback loop .
This PwC publication examines the issue of how businesses can control the risks and costs of regulation.
There are three key areas banks need to address to sustain competitive relevance in the rapidly changing transaction banking field: how to get closer to chosen customers; how to manage risk and capital; and how to keep pace with market developments.