Why Physical Climate Risk?Since the Bank of England published its initial SS 3/19 supervisory statement, outlining their expectations for...
Michael Williams
Partner, Audit & Assurance, Banking Regulation, Deloitte
London, United Kingdom
BackgroundThe Investment Firm Regulation (IFR) [1] and the Investment Firm Directive (IFD) [2] were published in the European Union’s...
Reverse stress testing is by no means a new concept; however, it is seen as good practice for firms, which are within scope. Reverse...
This is an abridged version of a more in-depth note attached below.The initial shock from COVID-19The banking system has weathered the...
At the beginning of this month, the European Central Bank (ECB) took the unusual step of publishing a Guide on the supervisory approach...
At a glance:New guidelines to address data gaps in FINREP (Financial Reporting) and Pillar 3 disclosures related to the new measures to...
In the grand scheme of MobilisationIn writing the story of successful bank authorisations, achieving an Authorisation With Restrictions...
As a key determinant of bank solvency and therefore a critical component of financial system stability, a banking applicant’s capital...