Liquidity in Resolution is one of the seven dimensions of the EfB and one of the current working priorities of the SRB. Apart from further literature about liquidity by the FSB and the ECB, the SRB has published three publications about liquidity in resolution on its website. We analyse the content of these publications and give an overview of existing and upcoming requirements.
WeiterlesenInsurers must address fundamental strategic issues. It is more important than ever to anticipate emerging trends and prepare for change. For insurers to keep up, they need to leverage targeted technologies to increase digital maturity across the entire customer relationship and value chain and provide their customers with a seamless, unique and tailored service experience. Tomorrow's insurers will have little in common with those of today. Six theses on how new technologies and the availability of enormous amounts of information will fundamentally change the world of insurers.
WeiterlesenAbout eight years ago, the Single Resolution Mechanism entered into force and only shortly after, the Single Resolution Board (SRB) began its work in Brussels. Since then, many areas of resolvability planning have progressed well and banks are receiving ever more specific guidance and obligations. An overview of recent publications and current priorities.
WeiterlesenThe wider acceptance and active development of machine learning techniques and data analytics have made it possible to optimize and automate business processes. This presents a lucrative opportunity for banks to redesign their operations to cut processing times and improve transparency. We present the potential of these techniques by applying a machine learning approach to a hidden reserves/losses process that can often be found in the finance departments of banks.
WeiterlesenIn recent years the financial system’s regulators have worked towards discontinuing the existing reference rates for unsecured lending within the interbank market (IBOR, Interbank Offered Rate). Consequently, the important LIBOR (London Interbank Offered Rate) will most likely not be published anymore already by end of 2021.
That is why banks need to adapt their IT-systems towards a new interest-methodology to be able to offer lending being based on the new reference rates.
WeiterlesenAccording to IFRS9, the prospective test is, with a few exceptions, to be used for assessing the effectiveness of hedge relationships. In the second of two parts, we present the implementation of the prospective test according to the Risk Induced Fair Value approach as well as its challenges in implementation.
WeiterlesenThe IASB regulations in the IFRS 9 Standard came into effect within the EU on 1 January 2018 with the aim to replace the previous approach of the IAS 39. In hedge accounting, the prospective effectiveness test becomes increasingly important in this new standard. Companies are also given the option of initially continuing to account for the effectiveness of hedge relationships in accordance with IAS39. The first part of the two-part article presents the effect of the regulatory requirements on the prospective test.
Weiterlesen
![Hedge Accounting [Part 2]: Prospective Testing and the Risk Induced Fair Value](https://images.squarespace-cdn.com/content/v1/54f9ea6be4b0251d5319ad8b/1592205162143-L919DBQ2UQF59D4R9WFH/jeff-fan-29ebQh7e78M-unsplash.jpg)
![Hedge Accounting [Part 1]: Prospective Testing and the Risk Induced Fair Value](https://images.squarespace-cdn.com/content/v1/54f9ea6be4b0251d5319ad8b/1591683719107-BDZ43MTDO65RH9XKXBG6/christopher-burns-FUh6nK3s0po-unsplash.jpg)