Although Solvency II is not triggering changes to Fitch’s ratings of insurers, it is a credit positive for the European industry, according to Harish Gohil, managing director, EMEA insurance, Fitch Ratings, who discusses ...
Tier 1 awaited after Solvency II arrival
Regulation & ratings
A key contributing factor to the Additional Tier 1 market’s turbulent start to 2016 was a European Banking Authority (EBA) Opinion that would potentially tighten the rules on an issuer’s ability to pay AT1 coupons, ...
Commission review raises hopes after EBA bombshell
Regulation & ratings
A proper understanding of the post-crisis supervisory process is an essential angle for assessing banks’ credit risk, argues Sam Theodore, group managing director, financial institutions, at Scope Ratings — even if the ...
The Road from Supervision to Resolution
Regulation & ratings
Crédit Agricole CIB’s capital solutions team provides here an overview of the development of the global TLAC and EU MREL measures, exploring their differences and highlighting their potential impact on the Additional Tier ...
AT1 coupon cancellation risk: Consequences of MREL and TLAC breaches
Regulation & ratings
FSB sets out G20 Istanbul agenda: The Financial Stability Board (FSB) published on 11 February its Letter to G20 Finance Ministers and Central Bank Governors on Financial Reforms. ...
Banking updates:
Regulation & ratings
ECB publishes “join-up” manual: The European Central Bank (ECB) on 8 August published a manual detailing how it will incorporate findings from its AQR (Asset Quality Review) into stress test projections, ...
Banking updates: Comprehensive Assessment moves ahead
Regulation & ratings
EIOPA publishes update on Guidelines and Submission of Information to NCAs: On 18 August, the European Insurance & Occupational Pensions Authority (EIOPA) published updated information concerning the guidelines on ...
Insurance updates: ESAs Joint Committee, G-SIIs, PRA and more
Regulation & ratings
The Dutch Ministry of Finance on 11 June published a proposal for new legislation in Article 29a of the Dutch corporate income tax act to open the market to AT1 bonds from banks. ...
Dutch progress in AT1 tax campaign
Regulation & ratings
EC launches consultation on the contributions of credit institutions to resolution fund: On 20 June the European Commission launched a consultation on the contributions of credit institutions to resolution financing ...
Resolution mechanisms and funds in focus
Regulation & ratings
