Ministers of FATF met for their biannual meeting on 18 April 2024 and have published this declaration.

The following have been published in the Official Journal: (i) Commission Delegated Regulation (EU) 2024/857 of 1 December 2023 supplementing CRD with regard to regulatory technical standards specifying a standardised methodology and a simplified standardised methodology to evaluate the risks arising from potential changes in interest rates that affect both the economic value of equity and the net interest income of an institution’s non-trading book activities; (ii) Commission Delegated Regulation (EU) 2024/856 of 1 December 2023 supplementing CRD with regard to regulatory technical standards specifying the supervisory shock scenarios, the common modelling and parametric assumptions and what constitutes a large decline.

EBA is consulting on its draft regulatory technical standards on the method for identifying the main risk driver and determining whether a transaction represents a long or a short position.  Responses are required by 24 July 2024.

The following has been published in the Official Journal: Commission Implementing Regulation (EU) 2024/855 of 15 March 2024 amending the implementing technical standards laid down in Implementing Regulation (EU) 2021/451 as regards rules on the supervisory reporting of interest rate risk in the banking book.

Further to EIOPA’s December 2023 consultation, ESRB has published advice to EIOPA on the prudential treatment of environmental and social risks.

The purpose of the statement to support firms in applying model risk management frameworks in a proportionate and tailored manner to models deployed in their electronic trading algorithms.

Ahead of its second reading in May 2024, this HoL research briefing provides details of this private member’s bill which allows changes to be made to the Building Societies Act 1986 intended to support building societies and align some of their processes with banks

FCA has assessed the key harms and drivers of harm caused by Appointed Representatives and Introducer Appointed Representatives who undertake credit broking.

Text of this speech given by Anneli Tuominen on 24 April 2024 follows in which she discusses what ECB wants to see from banks with regard to governance and risk culture.

PSR has published a document that sets out a proposed set of principles that describes regulatory expectations of supervised payment systems operators.  Stakeholders are invited to provide feedback, to be received by 7 June 2024.