European Union:
European Commission Call For Advice From EBA On Net Stable Funding Requirements And Leverage Ratio
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On August 19, 2015, the European Banking Authority (EBA)
published a call for advice (dated 26 June 2015) it has
received from the European Commission on the EBA's reports on
net stable funding requirements (NSFR) and leverage ratio (LR)
required under the Capital Requirements Regulation (Regulation
575/2013) (CRR).
The purpose of these reports is to assist the Commission in its
own work preparing reports on the NSFR and the LR, and potentially
legislative proposals, for the European Parliament and the Council
of the EU.
In the call for advice, the Commission seeks the EBA's
technical advice on specific issues relating to:
- Proportionality. The Commission asks
the EBA to consider simplified LR and NSFR reporting requirements
and different NSFR calibrations for certain firms.
- Scope of application. The Commission
asks the EBA to consider whether certain types of credit
institution should be fully excluded from the LR and NSFR.
- Impact of the NSFR on certain markets
and activities. The Commission asks the EBA to examine the impact
of the NSFR on issues including bank lending, the volume and
liquidity of financial markets and business models.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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