In this issue:
- Federal Reserve Board Releases Results for Dodd-Frank Annual Stress Tests
- The US Federal Reserve Board Extends Comment Period for Global Systemically Important Banks Surcharge
- European Banking Authority Publishes Opinion and Report on Credit Valuation Adjustment
- European Banking Authority Press Release on 2015 EU-wide Stress Test
- European Banking Authority Publishes Final Draft Standards on Benchmarking Portfolio Assessment
- European Banking Authority Launches Discussion Paper on Future of Internal Ratings-Based Approach
- European Banking Authority Consults on Guidelines on Sound Remuneration Policies
- European Banking Authority Publishes Opinion on Eligibility Conditions for Covered Bonds and Risk Weight Preferential Treatment Further to Swedish Waiver
- UK Completes Bank Structural Reform Legislation
- The US Consumer Financial Protection Bureau Seeks to Improve Process for Industry Submission of Consumer Credit Card Agreements
- The US Commodity Futures Trading Commission Provides Notice of the Reopened Comment Period for its Rulemaking Proposals on Position Limits
- UK Regulator Fines Aviva Investor Global Services Ltd
- UK Regulator Imposes Fines and Ban on Bank of Beirut (UK) Ltd
- US Financial Regulators Issue Guidance Encouraging Youth Savings Programs
- European Securities and Markets Authority Recommendations to National Regulators on Best Execution Requirements
- European Banking Authority Recommends Clarification for Lending-based Crowdfunding
- UK Senior Managers and Certification Regime Application Date Set - March 7, 2016
- New Volcker Frequently Asked Question 13 Clarifies the Scope of the Covered Funds Marketing Restriction
- EU General Court Finds Against the European Central Bank’s CCP Location Policy
- European Banking Authority Consults on Technical Standards for Prudential Requirements for CSDs
- UK Legislation Implementing the EU Regulation on Settlement and Central Securities Depositories
- Additional Benchmarks Brought Within UK Regulatory Perimeter
- HM Treasury Publishes Legislation in Preparation for Newly Formed Payment Systems Regulator Becoming Fully Operational
- European Banking Authority Advice to European Commission on the EU Resolution Framework for Banks
- European Banking Authority Consults on Information to be Held by Firms on Financial Records
- Amending Legislation on Application of the Banking Act 2009 to UK-based CCPs and Clearing Houses
- The Financial Stability Board and the International Organization of Securities Commissions Propose Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions
- Events
- Excerpt from Federal Reserve Board Releases Results for Dodd-Frank Annual Stress Tests:
The Board of Governors of the Federal Reserve System recently released results for the Dodd-Frank Annual Stress Tests for the 31 largest bank-holding companies. This is the third round of stress tests required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. According to the press release, all of the largest US-based bank holding companies have passed the test and have been building capital levels at a sufficient level to withstand severe recession and financial market volatility. The quantitative results from these tests are one part of the Federal Reserve Board’s annual exercise to evaluate the capital planning and adequacy of large financial institutions. Comprehensive Capital Analysis and Review results will be released on March 11, 2015.
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