(Only in Italian)

IVASS has published its Supervisory Bulletin – Year XI – No. 4 – April 2023.

EBA has published its Peer Review on excluding transactions with non-financial counterparties established in a third country from credit valuation adjustment (CVA) risk.

The Review found that the competent authorities targeted in this review assessed CVA risk sufficiently although some elements of such an assessment were missing.

EBA, therefore, has set out a series of follow-measures to address these deficiencies.

EBA has launched a public consultation on draft Regulatory Technical Standards (RTS) and draft Implementing Technical Standards (ITS) on the functioning of supervisory colleges under the Capital Requirements Directive (CRD).

These new technical standards will ensure that the Level 2 framework for the functioning of supervisory colleges is better aligned with the Level 1 regulation and able to promote a more efficient and effective supervision of cross-border banking groups.

The consultation will end on 30 August 2023.