European Parliament Economic and Monetary Affairs: Documents

Briefing - Non-performing loans in the Banking Union - Stocktaking and challenges - PE 614.491 - Committee on Economic and Monetary Affairs 15-03-2018 12:00 AM CET This briefing gives a short introduction into the topic non-performing loans (NPLs), takes stock of the current situation in the euro area, touches on the impact of NPLs on credit supply, and summarises the activities taken at European level to address the problem. Source : © European Union, 2018 - EP Briefing - Exchange of views with Mrs Elke König, Chair of the Single Resolution Board - PE 614.492 - Committee on Economic and Monetary Affairs 15-03-2018 12:00 AM CET This briefing presents selected issues regarding the work of the Single Resolution Board (SRB) in advance of the exchange of views with Mrs Elke König, Chair of the SRB, in ECON on 20 March 2018. The briefing thematically covers events since the last hearing: the SRB's 2017 MREL Policy, the ECA's special report on the SRB, it updates on the SRB resolution decision in case of Banco Popular, in particular with a view on the published non-confidential versions of the related valuation reports, and provides summaries of external expert briefing papers on the topic of "cash outflows in crisis scenarios". Source : © European Union, 2018 - EP In-Depth Analysis - Review of the 2017 SREP results - PE 614.506 - Committee on Economic and Monetary Affairs 14-03-2018 12:00 AM CET This report looks at the methodology used by the ECB to carry out its supervisory evaluation of banks ("SREP"), as well as at the aggregate results disclosed by the supervisors and the figures released over time by individual banks. Our review suggests that greater disclosure may improve uniformity in how the SREP is implemented across institutions, as well as consistency between SREP analyses and supervisory priorities. Disclosure towards banks could be enhanced by using a standard, detailed template in the communication of the SREP findings (including "horizontal" benchmarking analyses and differences between supervisory computations and the banks' own estimates). The release of SREP results to the public, while strengthening market discipline, may trigger undesirable reactions by customers and market counterparties; for banks with listed financial instruments, however, the additional capital requirements following from the SREP meet the definition of inside information provided in the Market Abuse Regulation, and should therefore be publicly disclosed. Finally, higher transparency standards are called for when it comes to the methodologies and metrics used by supervisors to assess specific areas within the SREP. Source : © European Union, 2018 - EP QUESTIONS? STAY CONNECTED  Contact Us | This email was sent on behalf of the European Parliament · Bât. Altiero Spinelli · 60 rue Wiertz / Wiertzstraat 60 · B-1047 - Bruxelles/Brussels  · Belgium · Phone: +32(0)2 28 42111