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The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in La Défense, Île-de-France. Its activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying weaknesses in banks' capital structures.
Ecosystem-based disaster risk reduction (Eco-DRR) is based on disaster risk reduction (DRR) and the purpose of Eco-DRR is to prevent and reduce disasters by utilizing ecosystems. [ 1 ] [ 2 ] [ 3 ] Eco-DRR is to maintain ecosystems and ecosystem services , to use them as buffer zones and buffers for dangerous natural phenomena, and to provide ...
Ecosystem-based Adaptation (EbA) describes a variety of approaches for adapting to climate change, all of which involve the management of ecosystems to reduce the vulnerability of human communities to the impacts of climate change such as storm and flood damage to physical assets, coastal erosion, salinisation of freshwater resources, and loss of agricultural productivity.
The subject title of the standard is: "Principles for effective risk data aggregation and risk reporting". The overall objective of the standard is to strengthen banks’ risk data aggregation capabilities and internal risk reporting practices, in turn, enhancing the risk management and decision making processes at banks.
The key variables for (credit) risk assessment are the probability of default (PD), the loss given default (LGD) and the exposure at default (EAD).The credit conversion factor calculates the amount of a free credit line and other off-balance-sheet transactions (with the exception of derivatives) to an EAD amount [2] and is an integral part in the European banking regulation since the Basel II ...
Basel II requires all banking institutions to set aside capital for operational risk. The basic indicator approach, however, is much simpler as compared to the alternative approaches (i.e. standardized approach (operational risk) and advanced measurement approach ) and thus has been recommended for banks without significant international ...
According to the BCBS Supervisory Guidelines, an AMA framework must include the use of four data elements: (i) Internal loss data (ILD), (ii) External data (ED), (iii) Scenario analysis (SBA), and (iv) Business environment and internal control factors (BEICFs).
The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the European Supervisory Authorities (ESAs), the European Systemic Risk Board, the Joint Committee of the European Supervisory Authorities, and the national supervisory authorities of EU member states. [1]