ESMA has published a letter to the European Commission, the Parliament, and the Council (ECOFIN) providing an interim update on the DLT Pilot Regime (Distributed Ledger Technology for crypto-asset)
EU/EEA’s banks capitalisation stands at record levels, liquidity has improved, while return on equity (RoE) stood at 10.3%.
Yet, early signs of credit quality deterioration have become more apparent.
The publication also includes information on minimum requirements for own funds and eligible liabilities (MREL).