EBF comments on the BCBS Consultative Document
Publication date: 5 February 2016
Principal-based approach
The European Banking Federation (EBF) welcomes the initiative of the Basel Committee on Banking Supervision (BCBS) to adjust the capital treatment for “simple, transparent and comparable” (STC) securitisation. As stated in our comments on the consultation paper to criteria for identifying STC securitisation, developed jointly by the BCBS and the International Organization of Securities Commissions (IOSCO), a functioning securitisation market is essential to support economic development, and for providing sufficient credit to companies. To ensure a functioning securitisation market it is of great importance that a securitisation with lower structural risk gets a lower capital surcharge.
Great to have Julius Baer onboard, the first Swiss bank and first private bank globally to join. Principles are not about any one asset class or banking business but rather are a framework for def. what it means to be a resp. bank, both globally and in every mkt. @UNEP_FI https://t.co/GtW0QWWvym
Digital Assets Workshop @EUBlockchain Panel in Brussels - Issuance of digital assets: how to proceed, how to succeed? Comment made, utility tokens will still be needed, to build a community of users #Blockchain #utilitytokens #digitalassets #decentralised #digital #innovation
EBF – INSEAD partner programme
“International Directors Banking Programme” is a new modular programme of three three-day modules at the INSEAD business school in Fontainebleau, France. The content is driven by the needs for bank directors and senior executives working in banks to review and update their corporate governance practices due to the many pressures they face, and will focus on the effectiveness of directors and boards. Successful completion by participants offers certification by INSEAD.
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