- newly introduced Basel III treatments for

Size: px
Start display at page:

Download "- newly introduced Basel III treatments for"

Transcription

1 New Request for Services Project Title Internal number Country Approx. Dates Eligible Nationalities Deadline for submissions of CV for internal consortium voting Requirements Institutional Capacity Building of the Central Bank of Egypt Egypt From: 01/02/2015 To: 01/09/2015 ALL 02/12/ :59:00 Profile: Expert 1 - Banking Supervision Expert / Team Leader Expert 1 - Banking Supervision Expert / Team Leader Specific Masters degree in finance, accounting or another relevant discipline At least 12 years experience in banking and banking supervision in a capacity as practitioner, academic and/or consultant. At least 5 years experience in banking supervision especially regarding Basel implementation. - newly introduced Basel III treatments for various instruments, - International Financial Reporting Standards (IFRS), - newly amended leverage ratio calculations, - countercyclical capital buffer, - mutual funds, - securitization, - SMEs' finance and credit guarantee companies, - internal models validation techniques (for

2 credit, market and operational risks), - ECAIs, - different rating methodologies on commercial banks, - Pillar II risks (liquidity, concentration and interest rate in Banking Book), - macro-prudential framework, - stress testing, - Experience with EU Project Cycle management I working days

3 Requirements Profile: Expert 2 - E-Banking and Reporting Expert Expert 2 - E-Banking and Reporting Expert Specific Masters degree in domain of banking and finance At least 6 years experience in banking and finance, including e-banking, in a capacity as practitioner, academic and/or consultant. At least 3 years relevant experience in e-banking development and e-banking supervision regimes. - E-banking regulatory framework, - E-banking licensing, - E-banking infrastructure and technology validation. Experience with EU Project Cycle management will be an asset. II working days

4 Profile: Expert 3 - Financial Inclusion Expert Requirements Expert 3 - Financial Inclusion Expert Specific Masters degree in domain of finance and banking At least 6 years experience in Finance and Banking, in a capacity as practitioner, academic or consultant. At least 3 years relevant experience in projects related to financial inclusion. - Development of financial inclusion strategies, - Projects promoting increased use of banks, - Projects for development of new/modified forms of banking services in view of reaching specific unbanked target groups, - Licensing and supervision of new/modified forms of banking services (e-banking, mobile banking, micro-banking,.). Experience with EU Project Cycle management will be an asset. II working days

5 EC rules applicable to any EC assignment Working days are from Monday to Friday, if not indicated otherwise in the ToR Per diem covers all expenses of the expert (local transport, hotel, meals, telecom, etc) and it is only paid if the expert stay overnight. International travel: the EC only reimburse economy class flight tickets

Language skills: Proven fluency in written and spoken English.

Language skills: Proven fluency in written and spoken English. New Request for Services Project Title Internal number Country Approx. Dates Eligible Nationalities Deadline for submissions of CV for internal consortium voting Development of legislation for waste management

More information

Risk & Capital Management under Basel III

Risk & Capital Management under Basel III www.pwc.com Risk & Capital Management under Basel III London, 15 Draft Agenda Basel III changes to capital rules - Definition of capital - Minimum capital ratios - Leverage ratio - Buffer requirements

More information

Part II Prudential regulatory requirements

Part II Prudential regulatory requirements List of references to the Basel frameworks The questionnaire is aimed at assessing equivalence with respect to the provisions Capital Requirements Regulations () and the Capital Requirements Directive

More information

Basel 3: A new perspective on portfolio risk management. Tamar JOULIA-PARIS October 2011

Basel 3: A new perspective on portfolio risk management. Tamar JOULIA-PARIS October 2011 Basel 3: A new perspective on portfolio risk management Tamar JOULIA-PARIS October 2011 1 Content 1. Basel 3 A complex regulatory framework With possible unintended consequences 2. Consequences on Main

More information

Press release Press enquiries: +41 61 280 8188 press@bis.org www.bis.org

Press release Press enquiries: +41 61 280 8188 press@bis.org www.bis.org Press release Press enquiries: +41 61 280 8188 press@bis.org www.bis.org Ref no: 35/2010 12 September 2010 Group of Governors and Heads of Supervision announces higher global minimum capital standards

More information

Banking Regulation. Pros and Cons

Banking Regulation. Pros and Cons Certificate in Social Banking Money and Society Banking Regulation Pros and Cons Professor Dr. Gregor Krämer Chair for Banking, Finance, and Accounting Alanus University of Arts and Social Sciences, Alfter,

More information

Statement by. Ben S. Bernanke. Chairman. Board of Governors of the Federal Reserve System. before the

Statement by. Ben S. Bernanke. Chairman. Board of Governors of the Federal Reserve System. before the For release on delivery 9:30 a.m. EDT May 12, 2011 Statement by Ben S. Bernanke Chairman Board of Governors of the Federal Reserve System before the Committee on Banking, Housing, and Urban Affairs U.S.

More information

Bank Capital Adequacy under Basel III

Bank Capital Adequacy under Basel III Bank Capital Adequacy under Basel III Objectives The overall goal of this two-day workshop is to provide participants with an understanding of how capital is regulated under Basel II and III and appreciate

More information

A- RULES AFFECTING THE ABILITY OF THE ECONOMY TO FINANCE ITSELF AND GROW

A- RULES AFFECTING THE ABILITY OF THE ECONOMY TO FINANCE ITSELF AND GROW High-level overview of Bank of England Response to the European Commission Call for Evidence on the EU Regulatory Framework for Financial Services, January 2016 Structure A- Rules affecting the ability

More information

PURPOSE The mission of the Rotary International Travel Service (RITS) is to provide safe, cost-effective travel services to Rotary funded travelers.

PURPOSE The mission of the Rotary International Travel Service (RITS) is to provide safe, cost-effective travel services to Rotary funded travelers. ROTARY INTERNATIONAL VOLUNTEER TRAVEL AND EXPENSE REPORTING POLICY JULY 2013 PURPOSE The mission of the Rotary International Travel Service (RITS) is to provide safe, cost-effective travel services to

More information

The EBA s competence to deliver an opinion is based on the sixth subparagraph of Article 10(1) of Regulation (EU) No 1093/2010 2.

The EBA s competence to deliver an opinion is based on the sixth subparagraph of Article 10(1) of Regulation (EU) No 1093/2010 2. OPINION ON RTS ADDITIONAL COLLATERAL OUTFLOWS EBA/Op/2016/08 03/05/2016 Opinion of the European Banking Authority on the Commission s intention not to endorse the draft Regulatory Technical Standards on

More information

ALASKA ASSOCIATION OF HEALTH UNDERWRITERS (Alaska AHU) POLICY & PROCEDURES

ALASKA ASSOCIATION OF HEALTH UNDERWRITERS (Alaska AHU) POLICY & PROCEDURES ALASKA ASSOCIATION OF HEALTH UNDERWRITERS (Alaska AHU) POLICY & PROCEDURES POLICY TITLE: MOTION: SECONDED: DATE SUBMITTED: October 06, 2009 DATE APPROVED: November 04, 2009 DATE REVISED: April 4, 2013

More information

FSI-IADI Seminar on Bank Resolution, Crisis Management and Deposit Insurance Issues. Coordination of safety net players: Role of DIA.

FSI-IADI Seminar on Bank Resolution, Crisis Management and Deposit Insurance Issues. Coordination of safety net players: Role of DIA. FSI-IADI Seminar on Bank Resolution, Crisis Management and Deposit Insurance Issues Coordination of safety net players: Role of DIA Jerzy Pruski IADI President and Chair of the Executive Council President

More information

Liquidity Coverage Ratio

Liquidity Coverage Ratio Liquidity Coverage Ratio Aims to ensure banks maintain adequate levels of unencumbered high quality assets (numerator) against net cash outflows (denominator) over a 30 day significant stress period. High

More information

Main differences between the financial consolidation method and the regulatory consolidation method, considering regulatory adjustments

Main differences between the financial consolidation method and the regulatory consolidation method, considering regulatory adjustments Disclosure Report pursuant to the Capital Requirements Regulation as of 31 December 214 1 Scope of Application Regulatory Requirements Since 1 January 214, BCR Group has been calculating the regulatory

More information

PILLAR 3 DISCLOSURES 2009

PILLAR 3 DISCLOSURES 2009 PILLAR 3 DISCLOSURES 2009 Company Registration Number: C 16343 Contents Page Introduction............................................................... 3 Risk Management Objectives and Policies.................................

More information

Consultation Paper CP24/15 Implementing a UK leverage ratio framework

Consultation Paper CP24/15 Implementing a UK leverage ratio framework Consultation Paper CP24/15 Implementing a UK leverage ratio framework July 2015 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury,

More information

URBACT III OPERATIONAL PROGRAMME (2014-2020) CALL FOR PROPOSALS FOR THE CREATION OF 20 ACTION-PLANNING NETWORKS

URBACT III OPERATIONAL PROGRAMME (2014-2020) CALL FOR PROPOSALS FOR THE CREATION OF 20 ACTION-PLANNING NETWORKS URBACT III OPERATIONAL PROGRAMME (2014-2020) CALL FOR PROPOSALS FOR THE CREATION OF 20 ACTION-PLANNING NETWORKS Open 30 March 2015 16 June 2015 1 TABLE OF CONTENT INTRODUCTION... 3 SECTION 1 - ABOUT URBACT

More information

Definition of Capital

Definition of Capital Definition of Capital Capital serves as a buffer to absorb unexpected losses as well as to fund ongoing activities of the firm. A number of substantial changes have been made to the minimum level of capital

More information

2015 Call Key Action 3 Start Up Seminar Birmingham, 10 September 2015

2015 Call Key Action 3 Start Up Seminar Birmingham, 10 September 2015 2015 Call Key Action 3 Start Up Seminar Birmingham, 10 September 2015 Erasmus+ is the European Union programme for education, training, youth and sport. The Erasmus+ UK National Agency is a partnership

More information

Regulatory review RR2015-02

Regulatory review RR2015-02 Regulatory review RR2015-02 Table of Contents FINAL RULE Integration of National Bank and Federal Savings Association Regulations: Licensing Rules 1 PROPOSED RULE Liquidity Coverage Ratio: Treatment of

More information

Basel Committee on Banking Supervision. Ninth progress report on adoption of the Basel regulatory framework

Basel Committee on Banking Supervision. Ninth progress report on adoption of the Basel regulatory framework Basel Committee on Banking Supervision Ninth progress report on adoption of the Basel regulatory framework October 2015 This publication is available on the BIS website (www.bis.org). Bank for International

More information

Capital Requirements Directive IV (CRD IV)

Capital Requirements Directive IV (CRD IV) Capital Requirements Directive IV (CRD IV) A Cicero Consulting Special Report Cicero Introduction Page 3 Timelines and transitional arrangements Page 6 PART ONE GENERAL PROVISIONS Page 7 1.1 Subject matter,

More information

EUROPEAN CENTRAL BANK

EUROPEAN CENTRAL BANK 19.2.2013 Official Journal of the European Union C 47/1 III (Preparatory acts) EUROPEAN CENTRAL BANK OPINION OF THE EUROPEAN CENTRAL BANK of 24 May 2012 on a draft Commission delegated regulation supplementing

More information

GIZ s requirements for invoicing under the General Terms and Conditions of Contract 2012

GIZ s requirements for invoicing under the General Terms and Conditions of Contract 2012 GIZ s requirements for invoicing under the General Terms and Conditions of Contract 2012 This document provides invoicing-specific information that always applies, unless otherwise agreed in your contract.

More information

List of legislative acts

List of legislative acts List of legislative acts BRRd : d irective 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment

More information

Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm

Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm Press release Stockholm 26 February 2015 Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm Hoist Finance AB (publ) ( Hoist Finance or the Company

More information

NEED OF FINANCIAL INSTITUTIONS SUPERVISION THROUGH AN SINGLE FRAMEWORK OF MACRO-PRUDENTIAL SUPERVISION

NEED OF FINANCIAL INSTITUTIONS SUPERVISION THROUGH AN SINGLE FRAMEWORK OF MACRO-PRUDENTIAL SUPERVISION NEED OF FINANCIAL INSTITUTIONS SUPERVISION THROUGH AN SINGLE FRAMEWORK OF MACRO-PRUDENTIAL SUPERVISION MEDAR LUCIAN-ION, Professor PHD, CHIRTOC IRINA-ELENA, Assistant professor PHD, CONSTANTIN BRANCUSI

More information

EBA-GL-2015-02. 23 July 2015. Guidelines. on the minimum list of qualitative and quantitative recovery plan indicators

EBA-GL-2015-02. 23 July 2015. Guidelines. on the minimum list of qualitative and quantitative recovery plan indicators EBA-GL-2015-02 23 July 2015 Guidelines on the minimum list of qualitative and quantitative recovery plan indicators Contents EBA Guidelines on the minimum list of qualitative and quantitative recovery

More information

Implementing a UK leverage ratio framework

Implementing a UK leverage ratio framework A response to the Prudential Regulation Authority s consultation Implementing a UK leverage ratio framework by the British Bankers Association October 2015 Introduction The BBA is pleased to respond to

More information

The Terms of Reference should be completed by the Beneficiary and be agreed with the Auditor

The Terms of Reference should be completed by the Beneficiary and be agreed with the Auditor ANNEX V-A FORM - TERMS OF REFERENCE FOR THE CERTIFICATE OF FINANCIAL STATEMENTS TABLE OF CONTENTS TERMS OF REFERENCE FOR AN INDEPENDENT REPORT OF FACTUAL FINDINGS ON COSTS CLAIMED UNDER A ERC GRANT AGREEMENT

More information

The Ratio of Leverage. When you combine ignorance and leverage, you get some pretty interesting results. Warren Buffett

The Ratio of Leverage. When you combine ignorance and leverage, you get some pretty interesting results. Warren Buffett The Ratio of Leverage When you combine ignorance and leverage, you get some pretty interesting results. Warren Buffett 1 What is leverage? definition of leverage: debt to equity ratio Basel Commitee: One

More information

EBA Work Programme 2015

EBA Work Programme 2015 30 September 2014 EBA Work Programme 2015 1. In accordance with Regulation (EU) No 1093/2010 1 of the European Parliament and of the Council of 24 November 2010 establishing the European Banking Authority

More information

GL ON THE MINIMUM LIST OF SERVICES AND FACILITIES EBA/GL/2015/06 06.08.2015. Guidelines

GL ON THE MINIMUM LIST OF SERVICES AND FACILITIES EBA/GL/2015/06 06.08.2015. Guidelines EBA/GL/2015/06 06.08.2015 Guidelines on the minimum list of services or facilities that are necessary to enable a recipient to operate a business transferred to it under Article 65(5) of Directive 2014/59/EU

More information

EBA Consultation Paper. Draft Implementing Technical Standards. Supervisory reporting requirements for institutions (CP 50) London, 20 December 2011

EBA Consultation Paper. Draft Implementing Technical Standards. Supervisory reporting requirements for institutions (CP 50) London, 20 December 2011 EBA Consultation Paper on Draft Implementing Technical Standards on Supervisory reporting requirements for institutions (CP 50) London, 20 December 2011 1 Contents I. Responding to this Consultation...

More information

Checklist for a Coordination Agreement for Coordinated Calls (Option 2)

Checklist for a Coordination Agreement for Coordinated Calls (Option 2) Checklist for a Coordination Agreement for Coordinated Calls (Option 2) 01/04/08 Note There are two different types of coordinated calls: one where the result is a joint project, i.e. the third country

More information

BOARD OF EDUCATION Cherry Hill, New Jersey TRAVEL EXPENSES

BOARD OF EDUCATION Cherry Hill, New Jersey TRAVEL EXPENSES BOARD OF EDUCATION Cherry Hill, New Jersey POLICY 4260 TRAVEL EXPENSES Instructional and support staff members may be reimbursed for travel expenses, or the Board may pay certain costs and fees for such

More information

Real Estate in Europe. Update on regulatory developments. Ad Buisman

Real Estate in Europe. Update on regulatory developments. Ad Buisman Real Estate in Europe Update on regulatory developments Ad Buisman Update on regulatory development May 22, 2012 Page 2 Key regulations that will impact the real estate funds industry Regulations that

More information

This document outlines the travel and reimbursement policy for Adrian College employees.

This document outlines the travel and reimbursement policy for Adrian College employees. TRAVEL POLICY This document outlines the travel and reimbursement policy for Adrian College employees. Travel Expenses Institutional related travel expenses will be reimbursed to Adrian College employees

More information

Loan Market Association publishes new loan documentation

Loan Market Association publishes new loan documentation February 2012 Loan Market Association publishes new loan documentation The Loan Market Association ( LMA ) published various new and revised documents for use on loan transactions on 23 December 2011 and

More information

2 9 J AN UARY 2 0 1 6. Solvency II: Landed

2 9 J AN UARY 2 0 1 6. Solvency II: Landed 2 9 J AN UARY 2 0 1 6 Solvency II: Landed Index: Introduction Page 1 A Reminder Page 2 Landed! Page 3-4 So it s done?... Page 4 Solvency II implications for advisers Page 5 AKG Financial Analytics Ltd

More information

Consultation Paper. Draft regulatory technical standards

Consultation Paper. Draft regulatory technical standards EBA/CP/2013/39 22.10.2013 Consultation Paper Draft regulatory technical standards On derogations for currencies with constraints on the availability of liquid assets under Article 419(5) of Regulation

More information

Bank of Queensland Limited

Bank of Queensland Limited APRA 30 April 2012 The Basel II Capital Accord principles took effect in Australia on 1 January 2008. The framework for the application of Basel II in Australia is comprised of three pillars: Pillar 1:

More information

BASEL III PILLAR 3 CAPITAL ADEQUACY AND RISKS DISCLOSURES AS AT 30 SEPTEMBER 2015

BASEL III PILLAR 3 CAPITAL ADEQUACY AND RISKS DISCLOSURES AS AT 30 SEPTEMBER 2015 BASEL III PILLAR 3 CAPITAL ADEQUACY AND RISKS DISCLOSURES AS AT 30 SEPTEMBER 2015 COMMONWEALTH BANK OF AUSTRALIA ACN 123 123 124 5 NOVEMBER 2015 This page has been intentionally left blank Introduction

More information

Optimize. OPTIMIZING CASH FOR COMPLIANCE

Optimize. OPTIMIZING CASH FOR COMPLIANCE Optimize. OPTIMIZING CASH FOR COMPLIANCE 01 Why perform intraday liquidity monitoring? 2 The global financial crisis has highlighted the need to improve liquidity management. As a result, regulators are

More information

REMARKS ON THE BASEL CAPITAL FRAMEWORK AND TRADE FINANCE, 27 FEBRUARY 2014 SESSION 4. Mr. Andrew CORNFORD Research Fellow Financial Markets Center

REMARKS ON THE BASEL CAPITAL FRAMEWORK AND TRADE FINANCE, 27 FEBRUARY 2014 SESSION 4. Mr. Andrew CORNFORD Research Fellow Financial Markets Center REMARKS ON THE BASEL CAPITAL FRAMEWORK AND TRADE FINANCE, 27 FEBRUARY 2014 SESSION 4 Mr. Andrew CORNFORD Research Fellow Financial Markets Center 1 Webster2014.B3&TF Remarks on the Basel Capital Framework

More information

The challenge of liquidity and collateral management in the new regulatory landscape

The challenge of liquidity and collateral management in the new regulatory landscape The challenge of liquidity and collateral management in the new regulatory landscape ICMA Professional Repo and Collateral Management Course 2012 Agenda 1. Background: The repo product under pressure 2.

More information

TRAVEL AND EXPENSE POLICY for BOARD MEMBERS of Member Companies of the Nonprofits Insurance Alliance Group

TRAVEL AND EXPENSE POLICY for BOARD MEMBERS of Member Companies of the Nonprofits Insurance Alliance Group TRAVEL AND EXPENSE POLICY for BOARD MEMBERS of Member Companies of the Nonprofits Insurance Alliance Group GENERAL POLICY: Each company in the NIA Group covers the cost for board members of normal and

More information

ZAG BANK BASEL II & III PILLAR 3 DISCLOSURES. December 31, 2014

ZAG BANK BASEL II & III PILLAR 3 DISCLOSURES. December 31, 2014 ZAG BANK BASEL II & III PILLAR 3 DISCLOSURES December 31, 2014 Zag Bank (the Bank ) is required to make certain disclosures to meet the requirements of the Office of the Superintendent of Financial Institutions

More information

NETWORK RAIL PUBLIC MEMBERSHIP EXPENSES REIMBURSEMENT POLICY

NETWORK RAIL PUBLIC MEMBERSHIP EXPENSES REIMBURSEMENT POLICY NETWORK RAIL PUBLIC MEMBERSHIP EXPENSES REIMBURSEMENT POLICY Introduction Network Rail will reimburse its Public Members for the reasonable costs directly and actually incurred by a Public Member in attending

More information

BANK CAPITAL REPORT 2015: PORTUGAL IFLR. international financial law review

BANK CAPITAL REPORT 2015: PORTUGAL IFLR. international financial law review BANK CAPITAL REPORT 2015: PORTUGAL IFLR international financial law review Portugal Pedro Cassiano Santos, Orlando Vogler Guiné and Dominik Costa, Vieira de Almeida & Associados www.vda.pt 1. Bank supervision

More information

Dr. Boris Neubert. Convergence of Regulatory and Analytical Reporting

Dr. Boris Neubert. Convergence of Regulatory and Analytical Reporting Dr. Boris Neubert Convergence of Regulatory and Analytical Reporting 15 March 2016 2 The financial sector sees comprehensive regulation. FATCA MiFiD II UCITS III EMIR AIFMD Dodd-Frank-Act UCITS V CSSF

More information

Capital Requirements Directive IV Framework Introduction to Regulatory Capital and Liquidity. Allen & Overy Client Briefing Paper 1 January 2014

Capital Requirements Directive IV Framework Introduction to Regulatory Capital and Liquidity. Allen & Overy Client Briefing Paper 1 January 2014 Capital Requirements Directive IV Framework Introduction to Regulatory Capital and Liquidity Allen & Overy Client Briefing Paper 1 January 2014 2 CRD IV Framework: Introduction to Regulatory Capital and

More information

NEWSLETTER UPCOMING EBA PUBLICATIONS (MARCH MAY 2016)

NEWSLETTER UPCOMING EBA PUBLICATIONS (MARCH MAY 2016) STRENGTHENING THE EU BANKING SECTOR MARCH-2016 NEWSLETTER RECOMMENDED SIZE Height = 60 mm tagline EBA PRESS UPCOMING EBA PUBLICATIONS (MARCH MAY 2016) Please note that all products listed in the table

More information

RULES FOR PARTICIPATION IN THE IMI JU COLLABORATIVE PROJECTS

RULES FOR PARTICIPATION IN THE IMI JU COLLABORATIVE PROJECTS Innovative Medicines Initiative IMI-GB-DEC-2012-12 RULES FOR PARTICIPATION IN THE IMI JU COLLABORATIVE PROJECTS OUTLINE 1. Definitions 2. Participation in an IMI JU collaborative project 2.1 General provisions

More information

Date Ratified 03/12/2012 Human Resources Committee Review Date 01/12/2014 Director of Finance and Information Expiry Date 02/12/2015 Withdrawn Date

Date Ratified 03/12/2012 Human Resources Committee Review Date 01/12/2014 Director of Finance and Information Expiry Date 02/12/2015 Withdrawn Date Policy No: OP7 Version: 4.0 Name of Policy: Submission of Staff Expenses Policy Effective From: 18/12/2012 Date Ratified 03/12/2012 Ratified Human Resources Committee Review Date 01/12/2014 Sponsor Director

More information

Regional workshop BCCL-METAC Operational functioning of supervisory Colleges BEYROUTH, April 25 th, 2012

Regional workshop BCCL-METAC Operational functioning of supervisory Colleges BEYROUTH, April 25 th, 2012 Regional workshop BCCL-METAC Operational functioning of supervisory Colleges BEYROUTH, April 25 th, 2012 INTRODUCTION SUPERVISORY COLLEGES ARE A FUNDAMENTAL TOOL OF COOPERATION : At the light of the crisis,

More information

05.11.2013. Closing Speech by the Governor of the Banco de España 6th Santander International Banking Conference Luis M.

05.11.2013. Closing Speech by the Governor of the Banco de España 6th Santander International Banking Conference Luis M. 05.11.2013 Closing Speech by the Governor of the Banco de España 6th Santander International Banking Conference Luis M. Linde Governor I would like first to give my thanks to Banco de Santander for inviting

More information

Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market

Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market Consultation Paper CP37/15 The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures October 2015 Prudential Regulation Authority

More information

Grahame Mansell-Grace Business Development Manager

Grahame Mansell-Grace Business Development Manager Grahame Mansell-Grace Business Development Manager Technology Solutions for Transport Priorities in the East Midlands De Montfort University, Leicester 14 December 2012 What am I going to talk about? Benefits

More information

Ball State University Policy on Tax Implications for Travel and Related Expenses

Ball State University Policy on Tax Implications for Travel and Related Expenses Ball State University Policy on Tax Implications for Travel and Related Expenses EFFECTIVE DATE: December 1, 2013 LAST REVISION: December 1, 2013 POLICY ISSUED FROM: Office of University Controller I.

More information

U.S. Basel III: Guide for Community Banks

U.S. Basel III: Guide for Community Banks October 2013 U.S. Basel III: Guide for Community Banks Luigi De Ghenghi 1 and Andrew S. Fei 2 Davis Polk & Wardwell LLP Executive Summary: U.S. Basel III is the most complete overhaul of U.S. bank capital

More information

Application of SFC License in Hong Kong

Application of SFC License in Hong Kong www.pwchk.com Application of SFC License in Hong Kong Highlights of the Regulatory Requirements Updated as of January 2012 1. Introduction Under the Hong Kong regulatory regime, companies which intend

More information

Figures 4. Tables 4. Abbreviations 5. 1 Introduction 6. 2 Definition of capital and capital buffers 12. 2.1 New definition of capital 14

Figures 4. Tables 4. Abbreviations 5. 1 Introduction 6. 2 Definition of capital and capital buffers 12. 2.1 New definition of capital 14 Basel III Handbook Table of Contents Figures 4 Tables 4 Abbreviations 5 1 Introduction 6 2 Definition of capital and capital buffers 12 2.1 New definition of capital 14 2.2 Components of capital 16 2.2.1

More information

CALL FOR PROPOSALS TO HOST 2017 POD Institute for New Faculty Developers (INFD)

CALL FOR PROPOSALS TO HOST 2017 POD Institute for New Faculty Developers (INFD) CALL FOR PROPOSALS TO HOST 2017 POD Institute for New Faculty Developers (INFD) The Professional and Organizational Development Network in Higher Education (POD) announces the call for proposals to host

More information

Regulations in General Insurance. Solvency II

Regulations in General Insurance. Solvency II Regulations in General Insurance Solvency II Solvency II What is it? Solvency II is a new risk-based regulatory requirement for insurance, reinsurance and bancassurance (insurance) organisations that operate

More information

Capital Requirements Directive IV Framework Liquidity Requirements. Allen & Overy Client Briefing Paper 15 January 2014. www.allenovery.

Capital Requirements Directive IV Framework Liquidity Requirements. Allen & Overy Client Briefing Paper 15 January 2014. www.allenovery. Capital Requirements Directive IV Framework Liquidity Requirements Allen & Overy Client Briefing Paper 15 January 2014 2 CRD IV Framework: Liquidity Requirements January 2014 CRD IV Framework: Liquidity

More information

Request for Proposals. Security Advisory Services for the International Executive Service Corps

Request for Proposals. Security Advisory Services for the International Executive Service Corps Request for Proposals Proposal Title: Bid Reference Number: Security Advisory Services for the International Executive Service Corps IESC Security Advisory Services Issue Date: January 21, 2015 Closing

More information

AIR PASSENGER RIGHTS EU COMPLAINT FORM

AIR PASSENGER RIGHTS EU COMPLAINT FORM AIR PASSENGER RIGHTS EU COMPLAINT FORM THIS FORM CAN BE USED TO LODGE A COMPLAINT WITH AN AIRLINE AND/OR A NATIONAL ENFORCEMENT BODY. Passenger rights in case of denied boarding, downgrading, cancellation

More information

Frequently Asked Questions version 3.0 09.09.2014

Frequently Asked Questions version 3.0 09.09.2014 EUROPEAN COMMISSION Executive Agency for Small and Medium-sized Enterprises (EASME) Department A - Operations Unit A1 - COSME Frequently Asked Questions version 3.0 09.09.2014 COS-WP2014-2-05- Call for

More information

The Mortgage Market Review and Non-bank mortgage lenders is enhanced Prudential Supervision on the way?

The Mortgage Market Review and Non-bank mortgage lenders is enhanced Prudential Supervision on the way? JULY 2010 The Mortgage Market Review and Non-bank mortgage lenders is enhanced Prudential Supervision on the way? Introduction Since the publication of the FSA's latest Mortgage Market Review consultation

More information

Interim Policy Statement 2-05 Compensatory Time Off for Travel

Interim Policy Statement 2-05 Compensatory Time Off for Travel Interim Policy Statement 2-05 Compensatory Time Off for Travel MS 625, Premium Pay Effective Date: January 7, 2013 Responsible Office: M/HRM Supersedes: 01/28/2005 Issuance Memo (01/07/2013) Issuance Memo

More information

PRESIDENCY JOINT MANAGING AUTHORITY OF THE 2007-2013 ENPI CBC MEDITERRANEAN SEA BASIN PROGRAMME Operational Management Unit

PRESIDENCY JOINT MANAGING AUTHORITY OF THE 2007-2013 ENPI CBC MEDITERRANEAN SEA BASIN PROGRAMME Operational Management Unit PRESIDENCY JOINT MANAGING AUTHORITY OF THE 2007-2013 ENPI CBC MEDITERRANEAN SEA BASIN PROGRAMME Operational Management Unit PUBLIC NOTICE for the selection of a group of experts in charge of the definition

More information

Introduction. Legal Update March 3, 2014

Introduction. Legal Update March 3, 2014 Legal Update March 3, 2014 Federal Reserve Issues Final Regulation Implementing Dodd- Frank Section 165 Enhanced Prudential Standards for Large US and Non-US Banking Organizations Introduction On February

More information

TRAINEESHIP NOTICE FINANCIAL MARKETS PROFILE (F/M) REF.: ESMA/2015/VAC1/TRP

TRAINEESHIP NOTICE FINANCIAL MARKETS PROFILE (F/M) REF.: ESMA/2015/VAC1/TRP Date: 15/10/2015 ESMA/2015/VAC1/TRP TRAINEESHIP NOTICE FINANCIAL MARKETS PROFILE (F/M) REF.: ESMA/2015/VAC1/TRP Type of contract Duration of traineeship Traineeship (in one of the following Units/Divisions)

More information

Prudential definition of assets: micro and macro prudential perspective

Prudential definition of assets: micro and macro prudential perspective Prudential definition of assets: micro and macro prudential perspective Santiago de Chile November 2015 Presented by Salome Skhirtladze Authors: Giorgi Kadagidze, Otar Nadaraia, Salome Skhirtladze, Vakhtang

More information

Before turning to detailed remarks on the questions for consultation, we would like to draw EBA s attention to our key issues and concerns.

Before turning to detailed remarks on the questions for consultation, we would like to draw EBA s attention to our key issues and concerns. Frankfurt am Main 16 August 2013 BVI s position on the Draft Regulatory Technical Standards on the determination of the overall exposure to a client or a group of connected clients in respect of transactions

More information

STRENGTHENING MACRO AND MICRO-PRUDENTIAL SUPERVISION IN EU CANDIDATES AND POTENTIAL CANDIDATES

STRENGTHENING MACRO AND MICRO-PRUDENTIAL SUPERVISION IN EU CANDIDATES AND POTENTIAL CANDIDATES April 2012 STRENGTHENING MACRO AND MICRO-PRUDENTIAL SUPERVISION IN EU CANDIDATES AND POTENTIAL CANDIDATES A programme funded by the European Union Project Summary (not for publication) A programme implemented

More information

Basel Committee on Banking Supervision. Frequently asked questions on the Basel III Countercyclical Capital Buffer

Basel Committee on Banking Supervision. Frequently asked questions on the Basel III Countercyclical Capital Buffer Basel Committee on Banking Supervision Frequently asked questions on the Basel III Countercyclical Capital Buffer October 2015 This publication is available on the BIS website (www.bis.org). Bank for International

More information

International Association of Credit Portfolio Managers

International Association of Credit Portfolio Managers International Association of Credit Portfolio Managers Principles and Practices: 2015 Expanding Role of Credit Portfolio Management Survey Goal IACPM Members share their views on the state of CPM today,

More information

Centre for Technical Central Bank Cooperation International Central Banking Courses 2015

Centre for Technical Central Bank Cooperation International Central Banking Courses 2015 Centre for Technical Central Bank Cooperation International Central Banking Courses 2015 Content Foreword: an application-oriented learning experience...4 Preface by the Management of the Centre for Technical

More information

Final report. Guidelines on the minimum list of qualitative and quantitative recovery plan indicators EBA-GL-2015-02. 6 May 2015

Final report. Guidelines on the minimum list of qualitative and quantitative recovery plan indicators EBA-GL-2015-02. 6 May 2015 EBA-GL-2015-02 6 May 2015 Final report Guidelines on the minimum list of qualitative and quantitative recovery plan indicators 1 Contents 1. Executive Summary 3 2. Background and rationale 5 3. EBA Guidelines

More information

Financial Architecture and Banking Systems

Financial Architecture and Banking Systems Financial Architecture and Banking Systems Financial and Private Sector Development Financial Systems Practice The World Bank Group Our Mission The Financial Architecture and Banking Systems Service Line

More information

DECLARATION ON STRENGTHENING THE FINANCIAL SYSTEM LONDON SUMMIT, 2 APRIL 2009

DECLARATION ON STRENGTHENING THE FINANCIAL SYSTEM LONDON SUMMIT, 2 APRIL 2009 DECLARATION ON STRENGTHENING THE FINANCIAL SYSTEM LONDON SUMMIT, 2 APRIL 2009 We, the Leaders of the G20, have taken, and will continue to take, action to strengthen regulation and supervision in line

More information

An Overview of Basel II s Pillar 2

An Overview of Basel II s Pillar 2 An Overview of Basel II s Pillar 2 Seminar for Senior Bank Supervisors from Emerging Economies Washington, DC 23 October 2008 Elizabeth Roberts Director, FSI Topics to be covered Why does Pillar 2 exist?

More information

Implementing CRD IV: capital buffers

Implementing CRD IV: capital buffers Policy Statement PS3/14 Implementing CRD IV: capital buffers April 2014 Prudential Regulation Authority 20 Moorgate London EC2R 6DA Prudential Regulation Authority, registered office: 8 Lothbury, London

More information

Collins Amendment Minimum Capital and Risk-Based Capital Requirements

Collins Amendment Minimum Capital and Risk-Based Capital Requirements CLIENT MEMORANDUM June 28, 2010 Collins Amendment Minimum Capital and Risk-Based Capital Requirements The Collins Amendment, originally drafted by the FDIC staff and reflecting views held by Chairwoman

More information

Frequently Asked Questions about the EU cross-border healthcare Directive

Frequently Asked Questions about the EU cross-border healthcare Directive Frequently Asked Questions about the EU cross-border healthcare Directive 1 What is the EU Directive on cross-border healthcare? The Directive on the application of patients rights in cross-border healthcare

More information

CHALLENGES FOR BASEL II IMPLEMENTATION IN CHILE

CHALLENGES FOR BASEL II IMPLEMENTATION IN CHILE DIALOGUE ON BASEL II IMPLEMENTATION ABAC - SBIF - ABIF CHALLENGES FOR BASEL II IMPLEMENTATION IN CHILE ENRIQUE MARSHALL SUPERINTENDENT OF BANKS AND FINANCIAL INSTITUTIONS SEPTEMBER 2004 EVALUATION OF THE

More information

Arkansas Rehabilitation Association

Arkansas Rehabilitation Association CALL FOR PROPOSALS 2014 Annual Training Conference Invitation to Present The (ARA) invites your participation in the 2014 Annual Training Conference, which will be held at Doubletree Hotel in Little Rock,

More information

Sam Houston State University A Member of The Texas State University System

Sam Houston State University A Member of The Texas State University System Finance & Operations Human Resources Policy ER-3 Work Schedules & Employee Compensation SUBJECT: PURPOSE: POLICY: Work Schedules & Employee Compensation To provide a standard policy for non-faculty employees

More information

Starting Independent Researcher Grants Call Information

Starting Independent Researcher Grants Call Information Starting Independent Researcher Grants Call Information Call Title: Call for proposals for ERC Starting Independent Researcher Grant Call identifier: ERC-2009-StG Date of publication: 24 July 2008 Electronic

More information

TECHNICAL ASSISTANCE FOR IMPROVING RURAL AND WOMEN S SMALL BUSINESSES ACCESS TO FINANCE

TECHNICAL ASSISTANCE FOR IMPROVING RURAL AND WOMEN S SMALL BUSINESSES ACCESS TO FINANCE Small Business and Entrepreneurship Development Project (RRP UZB 42007-014) Supplementary Document TECHNICAL ASSISTANCE FOR IMPROVING RURAL AND WOMEN S SMALL BUSINESSES ACCESS TO FINANCE COST ESTIMATES

More information

INSIDE AIM Issue 1- December 2009

INSIDE AIM Issue 1- December 2009 INSIDE AIM Issue 1- December 2009 WELCOME TO INSIDE AIM Welcome to this first edition of Inside AIM, a periodic newsletter from the AIM Regulation team. Inside AIM is designed to keep the AIM adviser community,

More information

DATE APPROVED June 2002

DATE APPROVED June 2002 Page 1 of 9 APPROVED (S) REVISED / REVIEWED SUMMARY Version Date Comments / Changes 1.0 Initial Policy Released 2.0 February 2003 Revised 3.0 September 2003 Revised 4.0 August 2004 Revised 5.0 January

More information

R E G U L A T I O N ON THE SUPERVISION OF BANKS AND SAVINGS BANKS ON A CONSOLIDATED BASIS *

R E G U L A T I O N ON THE SUPERVISION OF BANKS AND SAVINGS BANKS ON A CONSOLIDATED BASIS * (unofficial consolidated text) Official Gazette of the Republic of Slovenia, No. 135/06 of 21 December 2006 basic text (in force since 1 January 2007). Official Gazette of the Republic of Slovenia, No.

More information

Solvency II overview

Solvency II overview David Payne, FIA Casualty Loss Reserve Seminar 15 September 2011 INTNL-2: Solvency II Update Antitrust Notice The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of

More information

The Joint Technology Initiative will engage up to 3.7 billion for the period 2014 2024.

The Joint Technology Initiative will engage up to 3.7 billion for the period 2014 2024. VACANCY NOTICE FOR THE POST Legal and Contractual Manager to the Bio-Based Industries Joint Undertaking (BBI-JU) Reference (to be quoted in all your communication regarding this post): BBI/2014/6/AD/LCM

More information

EBA FINAL draft Regulatory Technical Standards

EBA FINAL draft Regulatory Technical Standards EBA/RTS/2013/01 26 July 2013 EBA FINAL draft Regulatory Technical Standards [TO BE MERGED INTO ONE LEGAL TEXT WITH EBA-RTS-2013-02 AND EBA- RTS-2013-03 AS PER INDICATIONS THEREIN] on own funds [Part 1]

More information

Apart from above mentioned the International Expert will be responsible for the following:

Apart from above mentioned the International Expert will be responsible for the following: Position Long-Term Expert with International experience for the development of interdisciplinary, interfaculty structured PhD program in European Studies Project Title Establishment of Structured PhD Program

More information