Tracker, Financial Services Regulation & Compliance - Banking


Central Bank publishes Policy Statement in relation to EBA Remuneration Guidelines

The Policy Statement sets out the Central Bank's position in relation to proportionality relating to the pay-out process applicable to variable remuneration for Irish Less Significant Institutions and CRD IV Investment Firms.


Commission Delegated Regulation (EU) 2017/208 of 31 October 2016 supplementing the Capital Requirements Regulation (EU) No. 575/2013 is published

The Delegated Regulation concerns regulatory technical standards for additional liquidity outflows corresponding to collateral needs resulting from the impact of an adverse market scenario on an institution's derivatives transactions. The Delegated Regulation entered into force on 28 February 2017.

Single Resolution Board completes signature of Loan Facility Agreements (LFAs) with all 19 participating Member States

The LFAs make the SRF’s capacity fully available in the build-up phase of its existence. LFAs are a measure of last resort until the SRF is fully mutualised by 1 January 2024.

Commission Delegated Regulation (EU) 2017/180 of 24 October 2016 supplementing the Capital Requirements Directive is published

The Delegated Regulation introduces technical standards for benchmarking portfolio assessment standards and assessment-sharing procedures. It enters into force on 23 February 2017.

Single Resolution Board publishes 'Approach taken in 2016 and next steps'

The SRB started to develop the minimum requirement for own funds and eligible liabilities (MREL) approach in 2016 through informative targets that sought to enable banks to prepare for their future MREL requirements. The SRB will develop its MREL policy in 2017 with a view to setting binding MREL targets for the most systemic banking groups in the Banking Union and develop additional policies and methodologies in respect of MREL, based on existing legislation and other relevant regulatory developments.

Decision (EU) 2017/274 of the European Central Bank of 10 February 2017 laying down the principles for providing performance feedback to national competent authority sub-coordinators is published

The Decision concerns the coordination of joint supervisory teams composed of staff members from the ECB and the national competent authorities, as provided for in the Regulation of the European Central Bank establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities.

For further information please contact a member of the Financial Regulation team.

Date published: 03 Mar 2017