Category: CRDimplementation.com

BOSTON–(BUSINESS WIRE[1])–State Street Corporation (NYSE:STT) today announced that it has entered into a letter of intent with Lazard Asset Management LLC (“LAM”) which, subject to entering into definitive agreements, will result in LAM adopting State Street’s Front-to-Back investment servicing platform. LAM, a preeminent global asset manager, has been a long term customer of Charles River Development (CRD) through its Charles...

Key recommendations include: higher capital requirements to accommodate maximum harmonisation a flexible leverage ratio that measures gross derivatives exposure more capital against securitisations measures to encourage lending to businesses without credit ratings disclosure of risk weight methodologies and return on assets Frédéric Hache, senior research analyst at Finance Watch and author of the report, said: “The CRD IV package makes...

Recent regulatory developments focussing on banking and finance. See developments of broader scope in the Related Materials links. Contents Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 Financial Holding Companies (Approval etc) and Capital Requirements (Capital Buffers and Macro-prudential Measures) (Amendment) (EU Exit) Regulations 2020 Holding company regulatory transaction fees: PRA CP21/20 Operational resilience: PRA and ECB statements on...

EBA updated the information disclosed by EU competent authorities according to its implementing technical standards on supervisory disclosure, which were published in the Official Journal of the European Union on June 04, 2014. News EBA published its second report on the application of simplified obligations and waivers under the Bank Recovery and Resolution Directive (BRRD) across EU. December 22, 2020...