Brexit: frequently asked questions
The risk remains that the United Kingdom leaves the European Union without a political agreement on 23 May / 30 June / soon. Financial institutions will have to ensure that they are prepared to deal with this. We have published a Brexit dossier with the most frequently asked questions about the consequences of Brexit on our website. We will update the information on this page when necessary.
Reminder: information session on assessments
On the afternoon of Monday, 15 April 2019, we will hold an information session on fit and proper assessment procedures. DNB staff members will explain what the fit and proper assessment process entails for the financial institutions and individuals involved, which preparations they need to make, how the assessment interview is set up, and the main process steps. There will also be an opportunity to ask questions. The session will be held on 15 April 2019, from 14:30 to 17:00. We look forward to welcoming you from 14:00. To register, please complete the form and send it to us by email, at firstname.lastname@example.org.
Relevant international publications
Below is a list of some recent publications issued by international organisations such as the European Central Bank, the European Banking Authority and the European Commission.
- EU ambassadors endorsed full package of risk reduction measures
- EBA published final Guidelines on the estimation of LGD under an economic downturn
- EBA consults on Guidelines on credit risk mitigation for institutions applying the IRB approach with own estimates of LGD
- EBA recommended maintaining depositor protection in case of a no-deal Brexit
- EBA published revised Guidelines on outsourcing arrangements
- EBA launched consultation to update Guidelines on harmonised definitions and templates for funding plans of credit institutions
- FSB invites feedback on the effects of financial regulatory reforms on SME financing
- Presidency and EP reached agreement on EU framework for covered bonds
- SRB published Framework for Valuation
- ESMA to recognise three UK CCPs in the event of a no-deal Brexit
- ESMA to recognise the UK Central Securities Depository in the event of a no-deal Brexit
- EBA issues revised list of validation rules
- MAS and European Commission issued joint media release on derivatives trading venues
- EBA publishes clarifications to the first set of issues raised by its Working Group on APIs under PSD2
Newly published EBA Q&A’s (arranged by topic):