Search results
Results from the WOW.Com Content Network
The European Banking Authority (EBA) aims to ensure the proper functioning of financial markets and the stability of the financial system in the EU. To this end, the EBA has the right to conduct the EU-wide stress tests, in cooperation with the European Systemic Risk Board (ESRB). Such exercises are designed to test the resilience of financial ...
Tower 42 in the City of London, seat of the EBA from 2011 to December 2014 [3] One Canada Square tower in Canary Wharf, London, seat of the EBA from December 2014 to May 2019. The EBA was established on 1 January 2011, upon which date it inherited all of the tasks and responsibilities of the Committee of European Banking Supervisors (CEBS).
The European Parliament, in September 2010, backed a deal to set up the European System of Financial Supervision replacing the Committees of Supervisors.The deal set up the EBA in London, ESMA in Paris and EIOPA in Frankfurt, after an initial agreement reached between the European Commission and member states in December 2009 had triggered parliamentary criticisms.
The standard was to apply from 1st January 2016 for G-SIBs who were defined as such no later than November 2012. However, a Report on the Thematic Review on effective risk data aggregation and risk reporting published in May 2018 by the European Central Bank .
Sam Allardyce is appointed as the new England national football team manager by The Football Association following the resignation of Roy Hodgson in June.; American hurdler Kendra Harrison sets a new world record in the women's 100 meters hurdles with a time of 12.20 seconds in the London Anniversary Games at the Olympic Stadium.
Samoa, having graduated from LDC status in 2014 (becoming instead a developing country), [3] was removed from the list of EBA beneficiaries on 1 January 2019. [4] On January 16, 2019, the European Commission decided to re-introduce import duties on rice from Cambodia and Myanmar. This was done because imports of Indica rice from both countries ...
The Capital Requirements Regulation (EU) No. 575/2013 is an EU law that aims to decrease the likelihood that banks go insolvent. [1] With the Credit Institutions Directive 2013 the Capital Requirements Regulation 2013 (CRR 2013) reflects Basel III rules on capital measurement and capital standards.
In March 2013, EBA Clearing launched MyBank, an e-authorisation solution for online payments, which is geared at facilitating the growth of e-commerce across Europe. [9] In 2016, banks from nine countries agreed to create RT1, EBA Clearing's pan-European infrastructure for instant payments in Euro, The system went live in November 2017. [11] [12]