(Only in Italian)
Gli Orientamenti specificano i criteri da adottare per individuare il periodo di fase economica recessiva da utilizzare per il calcolo dei requisiti patrimoniali selezionando, tra quelli individuati dal Regolamento delegato (UE) 2021/930, quello che determina la LGD più conservativa.
Gli Orientamenti si applicano a decorrere dal 1° gennaio 2022 alle banche meno significative e alle SIM di classe 1 minus, come definite all’articolo 1, comma 2, del Regolamento (UE) 2033/2019 (IFR), o per le quali la Banca d’Italia abbia esercitato i poteri di cui all’articolo 5 della Direttiva (UE) 2034/2019 (IFD).
( Only in Italian)
Gli Orientamenti si applicano in relazione al metodo IRB di cui alla Parte Tre, Titolo II, capo 3, del Regolamento (UE) n. 575/2013 e in particolare agli enti autorizzati a utilizzare stime interne della perdita in caso di default (LGD) ai sensi dell’articolo 143 di tale Regolamento.
Gli Orientamenti chiariscono alcuni aspetti generali delle disposizioni del regolamento (UE) n. 575/2013 sulle tecniche di attenuazione del rischio di credito; inoltre specificano i requisiti di ammissibilità e le modalità per riconoscere gli effetti di alcune garanzie reali e delle garanzie personali nel calcolo dei requisiti patrimoniali a fronte del rischio di credito per gli intermediari autorizzati all’utilizzo delle stime interne della LGD.
Gli Orientamenti si applicano a decorrere dal 1° gennaio 2022 alle banche meno significative e alle SIM di classe 1 minus, come definite all’articolo 1, comma 2, del Regolamento (UE) 2033/2019 (IFR), o per le quali la Banca d’Italia abbia esercitato i poteri di cui all’articolo 5 della Direttiva (UE) 2034/2019 (IFD).
This work describes the strategic allocation process for investment developed by the Bank of Italy and the methodology adopted for applying sustainability criteria to some of the portfolio’s asset classes.
( Only in Italian)
In particolare, è previsto che ai fini della determinazione del contributo di vigilanza sull’attività di assicurazione e riassicurazione per l’esercizio 2022 l’aliquota per gli oneri di gestione da dedurre dai premi incassati è fissata nella misura del 4,29% dei predetti premi.
European Commission has informed that the process for the adoption of the draft regulatory technical standards submitted by the Joint Committee of the European Supervisory Authorities on October 22, 2022 under the Sustainable Finance Disclosure Regulation (STDR, Articles 8(4), 9(6) and 11(5)) cannot be finalized within the ordinary three-month period. Moreover, the Commission has announced that the date of application of the Delegated Regulation which will lay down, in a single act, the aforesaid RTS together with the other regulatory technical standards under the SFDR (already submitted by the Joint Committee) will be deferred to January 1 st, 2023.
The Commission also points out that, in view of the above, financial market participants which publish the statement concerning the adverse sustainability impacts (pursuant to Article 4(1)(a), 4(3) or 4(4) of SFDR) will have to publish the disclosure on principal adverse impacts in accordance with the delegated act the first time by June 30, 2023, with reference to the period from January 1 st, 2022 until December 31, 2022.
The Commission’s long-term objective is to modernise EU supervisory reporting and put in place a system that delivers accurate, consistent, and timely data to supervisory authorities at EU and national level, while minimising the aggregate reporting burden for all relevant parties. The strategy contributes to the objectives of the European data strategy and the digital finance strategy to promote digital innovation in Europe.
The Commission’s long-term vision on supervisory data in EU financial services focuses on four building blocks:
- Consistent and standardised data: Data standardisation and a common understanding of the data collected under different reporting frameworks will make it easier to use digital technologies and simplify the transmission, validation, and analysis of the data;
- Data sharing and reuse: Facilitating the sharing and reuse of reported data among national and EU supervisors will reduce the burden on reporting entities by avoiding duplicative data requests;
- Improved design of reporting requirements: Well-designed and drafted legislation is essential for implementing an effective and efficient reporting system;
- Joint governance: Designing, implementing and maintaining a modern and improved supervisory reporting system will require sufficiently robust governance arrangements. These will improve coordination and foster greater cooperation between different supervisory authorities and other relevant stakeholders, allowing them to share their expertise and exchange information.
The Statement clarifies the situation in which ESMA’s proposed draft regulatory technical standards (RTSs) on the CO and DTO will not enter into force in time for the transition to alternative benchmarks of EONIA or LIBOR- based OTC derivative contracts by the end of 2021.
ESMA has published its Annual Report on waivers and deferrals for equity and non-equity instruments covering the year 2020.
ESMA will submit this report to the European Commission and will publish a similar report in the second half of 2022, covering the application of the waivers and deferral regime in 2021.
EBA has published its final Report on the feasibility study of an integrated reporting system (IRS).
The Report puts forward a long-term vision on how the reporting processes could be streamlined and improved for both institutions and competent authorities and how cooperation among the latter could be enhanced in the area of prudential, resolution and supervisory reporting.
These Guidelines put in place the practical modalities of cooperation and information exchange between prudential supervisors, AML/CFT supervisors and FIUs, both at the level of Member States, and across the EU’s Single Market.
The Guidelines set out the steps supervisors should take to ensure adequate AML/CFT oversight of their sector and support the adoption, by credit and financial institutions, of effective ML/TF risk management policies and procedures.