The watchdog will set out a new stance on ML-based capital models at a time of conflicting guidance from other supervisors.
ABN, ING and Rabobank are exploring quantum for regulatory stress tests. In the US, Zapata Computing is seeking a patent for the same.
Jo writes that the EU’s new digital package could find large cloud providers operating in the bloc subject to potentially invasive oversight, as the EU strives for “data sovereignty”.
Disclosures will protect end investors and increase the amount of data on ESG, supervisory authorities said at a public hearing.
The draft technical standards for the EU's updated disclosures regulation will impact most market participants, analysts say.
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
Financial firms must maintain a register of all outsourced critical functions under new guidelines now in effect in Europe.
The bloc’s primary financial regulators say immediate work is needed to protect systems.
MEP Markus Ferber tells Waters that this change “must not mean that the ESAs can do what they want to just because they get more money,” and that the ESG provisions are “a non-starter”.
A last-ditch plea to regulators to take a lenient approach once the variation margin requirements come into effect may fall on deaf ears.
On March 1 this year, a new set of requirements for variation margins on derivatives trades take effect that will affect nearly all market participants across both cleared and non-cleared derivatives. In the run-up to the deadline, John Brazier finds…
Supervisory reporting taxonomy updated to improve reporting features validation rules.
Dutch bank will use XBRL solution for submitting reports to central bank
Robo-advisor AnlageFinder designed to offer automated asset allocations.
Enhanced Liquidity Ratios for Europe Bring Extra Burden to Firms
Accuracy and timeliness are in increasing demand for both identifiers and pricing
Legacy systems and continued use of Excel are making it difficult for firms to upgrade taxonomy in keeping with deadlines set by the European Banking Authority for its reporting guidelines
The Joint Committee of the European Supervisory Authorities (JCESA) has said that the risk to financial market institutions from cyber attack is grave, and warns that firms must be prepared to consider the resources allocated to this area.
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have penned a set of new proposals for improving the process by which the Euro Interbank Offered Rate (Euribor) is decided.