Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin)
Vague VM relief criteria creates trading uncertainty
Banks face lack of clarity on extent of margin rule forbearance
UFR change would ‘threaten’ Solvency II political compromise
German policy-makers talk tough in opposition to lowering of discount rate
EU could go it alone on leverage ratio, says MEP
Swinburne says clearing should be shielded from ratio “if Basel does not deliver”
Lower UFR would be dangerously pro-cyclical – Bafin
Solvency II rate cut would crowd insurers into long-dated assets, says insurance chief
Bundesbank’s Buch slams lower capital for insurers in infrastructure
Deputy president says the use of prudential regulations to achieve economic policy objectives is “highly problematic”
Bafin's Hufeld: op risk modelling 'almost impossible'
AMA can go, but other models will stay, Felix Hufeld tells Risk.net
Q&A: Bafin's Hufeld concerned ECB doesn't understand German banks
Sparkassen and co-operative sectors 'look like an outlier that doesn't fit with Europe'
Bafin's Hufeld: op risk modelling 'almost impossible'
AMA can go, but other models will stay, Felix Hufeld tells Risk.net
Web of EU commodity rules too complex, conference told
Mifid II, Emir, Remit and other regimes seen as “not very co-ordinated”
Bafin planning to gold-plate asset rules, insurers claim
Firms think investment limits will continue to apply after Solvency II
Non-bank FCMs unlikely to fill OTC gap
Capital burdens too great, say clearing specialists
Q&A: SRB’s Elke König on resolution regimes
Chair of Europe's new bank resolution board says derivatives are not "sacrosanct"
Trade repository data quality to impact Mifir and Emir review
Regulators bemoan poor data quality from trade repositories impacts policy implementation
Consumer advocates urge financial regulators to share more data
Bafin neglecting consumers, conference speakers say
Backtesting has a place in structured products market
Regulatory panel suggests backtesting internally is best practice
Germany finds Emir enforcement fix
Some firms cry foul over auditor-led supervision
German life insurance reforms to deplete firms' capital
Policyholders get increased share of underwriting risk return
German banks add estimated values to PIBs
HSBC Trinkaus goes it alone with the provision of daily estimates
Banks falling behind on Basel risk data principles
Room for improvement
Supervisors to assess whether new powers needed to impose capital charge on G-Siis
US state regulators warn of ‘two-tier’ system developing
Dutch insurers tackle regulator on solvency impact of France downgrade
Drop in ECB AAA curve will also affect German insurers’ guarantees reserves
FCA narrows AIF definition for SPVs
The UK regulator calms reclassification fears by exempting SPVs that issue debt securities from being classed as alternative investment funds
The CVA helter skelter: European supervisors could quash exemptions
Europe’s credit valuation adjustment exemption was the outcome of a protracted legislative debate, but it may prove to be the end of a chapter, rather than the end of the story. As US banks protest and supervisors review the issue, a number of problems…