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No excuses: The CRD IV case for centralising data in 2014 is strong
02 Aug

No excuses: The CRD IV case for centralising data in 2014 is strong

  • 2nd August 2013
  • RegTechFS

Counterparty classification regimes, such as CRD IV and EMIR, give banks a good reason to centralise their reference data, and the BCBS’ Risk Data Aggregation Principles provide a clear framework for doing so. From 1 January 2014, under CRD IV, firms will need to calculate CVA and hold additional capital on all derivatives contracts.  However, Read More

19 Mar

Materiality of extensions and changes to internal models

In the past two weeks, the EBA has issued several consultation papers on the technical standards under the 4th Capital Requirements Directive (CRD IV).  One of the papers concerned an important question:  When are firms required to report changes to their rating systems and internal models? The answer:  Pretty much all the time.  Between the Read More

12 Nov

Reporting standards: windows becoming dirtier?

Europe’s first Capital Requirements Regulation report is imminent – even through the European Parliament has yet to pass the act. Now regulators need policy alignment to save the industry €24.2 billion. In July, JWG’s new research highlighted that regulatory standards were critical to saving €24.2 billion. After conducting an extensive survey of 80+ people in Read More