by Carlos Madeira
I present a model of the accumulation of pension wealth by workers in Chile. Pension contributions are accumulated every year from workers' permanent labour income. ...
Introductory remarks by Mr Denis Beau, First Deputy Governor of the Bank of France, at the Fourteenth Annual European Financial Services Round Table "Financial Services in Europe – fit for the future", Frankfurt am Main, 22 March 2024.
Keynote speech by Mr Darryl Chan, Deputy Chief Executive of the Hong Kong Monetary Authority, at the International Capital Market Association (ICMA) "The Chinese and Asian Cross-border Bond Markets – Innovations and Opportunities" Event, Hong Kong, 26 March 2024.
Speech by Mr Piero Cipollone, Member of the Executive Board of the European Central Bank, at an event organised by the House of the Euro and the Centre for European Reform, Brussels, 27 March 2024.
Speech by Ms Christine Lagarde, President of the European Central Bank, at "The ECB and Its Watchers XXIV" conference, organised by the Institute for Monetary and Financial Stability, Frankfurt am Main, 20 March 2024.
Welcome address by Dr Joachim Nagel, President of the Deutsche Bundesbank, at the press conference presenting the findings of the historical research project "From the Reichsbank to the Bundesbank", Frankfurt am Main, 15 March 2024.
Speech by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, at "The ECB and Its Watchers XXIV" conference, organised by the Institute for Monetary and Financial Stability, Frankfurt am Main, 20 March 2024.
Welcome address by Prof Claudia Buch, Chair of the Supervisory Board of the European Central Bank, at "The Future of Digitalization and Finance" symposium, organised by the Deutsche Bundesbank, Frankfurt am Main, 22 March 2024.
Welcome address by Dr Joachim Nagel, President of the Deutsche Bundesbank, at the Farewell symposium on the occasion of the farewell of Ms Claudia Buch, Vice-President of the Deutsche Bundesbank, and Mr Joachim Wuermeling, Member of the Executive Board of the Deutsche Bundesbank, Frankfurt am Main, 22 March 2024.
Speech by Mr Cornelius K Dekop, Governor of the Bank of Botswana, at the launch of Botswana's 2024 Monetary Policy Statement, Gaborone, 21 February 2024.
Remarks by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at the Ec10b Principles of Economics Lecture, Department of Economics, Faculty of Arts and Sciences, Harvard University, Cambridge, Massachusetts, 25 March 2024.
Introductory statement by Ms Ida Wolden Bache, Governor of Norges Bank (Central Bank of Norway), at the press conference following Norway's announcement of the policy rate, Oslo, 21 March 2024.
Dinner speech by Dr Robert Holzmann, Governor of the Oesterreichische Nationalbank, the Austrian central bank, at the Oesterreichische Nationalbank Conference "Bretton Woods @80 and Austria's IMF Membership @75", Vienna, 4 March 2024.
Introductory statement by Prof Claudia Buch, Chair of the Supervisory Board of the European Central Bank, at the European Parliament's Economic and Monetary Affairs Committee, Brussels, 21 March 2024.
Address by Mr Gent Sejko, Governor of the Bank of Albania, at the opening ceremony of the Global Money Week 2024 in Albania, Tirana, 18 March 2024.
Remarks by Mr Toni Gravelle, Deputy Governor of the Bank of Canada, to the CFA Society Toronto, Toronto, Ontario, 21 March 2024.
Speech by Ms Isabel Schnabel, Member of the Executive Board of the European Central Bank, at "The ECB and Its Watchers XXIV" conference, organised by the Institute for Monetary and Financial Stability, session on "Geopolitics and Structural Change: Implications for Real Activity, Inflation and Monetary Policy", Frankfurt am Main, 14 March 2024.
Introductory remarks by Mr Tuomas Välimäki, Board Member of the Bank of Finland, at the OMFIF seminar " The New Era of Central Bank Policy and Operations", Frankfurt am Main, 19 March 2023.
Speech by Mr Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo, at the event "Western Balkans towards SEPA", organised by the Bank of Albania, Tirana, 28 February 2024.
8 hours ago ... Internal Capital Adequacy Assessment Program (ICAAP) · IFRS 17 Insurance Contracts · IFRS 9 · Liquidity Compliance · Regulatory Capital · Regulatory Reporting ...
Application deadline: 16 April 2024 | Internal Audit | Basel, Switzerland
7 hours ago ... Internal Capital Adequacy Assessment Program (ICAAP) · IFRS 17 Insurance Contracts · IFRS 9 · Liquidity Compliance · Regulatory Capital · Regulatory Reporting ...
Application deadline: 15 April 2024 | Information Technology and Services | Basel, Switzerland
Application deadline: 22 April 2024 | General Secretariat | Basel, Switzerland
Application deadline: 15 April 2024 | Hosting organisations | Basel, Switzerland
Проект указания Банка России «О внесении изменений в Положение Банка России от 29 июня 2020 года № 727-П»
by Goetz von Peter, Sebastian von Dahlen, Sweta C Saxena
This paper examines the patterns of macroeconomic recovery following natural disasters. In a panel with global coverage from 1960 to 2011, we make use of insurer-assessed losses to estimate growth responses conditional on risk transfer...
Проект положения Банка России «О порядке расчета величины кредитного риска на основе внутренних рейтингов»
Speech by Mr Frank Elderson, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the 331st European Banking Federation Executive Committee meeting, Frankfurt am Main, 14 March 2024.
Introductory remarks by Mr Thomas Jordan, Chairman of the Governing Board of the SNB, Mr Martin Schlegel, Vice Chairman of the Governing Board of the SNB, and Mr Antoine Martin, Member of the Governing Board of the SNB, at the Media News Conference of the Swiss National Bank, Zurich, 21 March 2024.
Inaugural address by Mr Shaktikanta Das, Governor of the Reserve Bank of India, at the Annual Conference of Reserve Bank of India Ombudsman, Mumbai, 15 March 2024.
Speech by Mr Swaminathan J, Deputy Governor of the Reserve Bank of India, at the Global Money Week 2024, Paris, 18 March 2024.
Lecture by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the World Federation of Exchanges (WFE), Madrid, 20 March 2024.
Address by Ms Christina Papaconstantinou, Deputy Governor of the Bank of Greece, to the staff of the Supervisory Departments at the "SSM Integration Project event", Athens, 11 March 2024.
Talking points by Mr Yannis Stournaras, Governor of the Bank of Greece, at the Session "Low for long again? Central bank balance sheets large forever? What happened to incentives and market discipline?", at the Eurofi High Level Seminar, Ghent, 23 February 2024.
Speech by Mr Yannis Stournaras, Governor of the Bank of Greece, at the University of Liverpool, Liverpool, 26 February 2024.
Message by Mr Eli M Remolona, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the release of the 2023 Financial Stability Report, Manila, 13 February 2024.
Speech by Ms Isabel Schnabel, Member of the Executive Board of the European Central Bank, at the Money Market Contact Group meeting, Frankfurt am Main, 14 March 2024.
Guest of Honor address by Mr Maha Prasad Adhikari, Governor of the Central Bank of Nepal (Nepal Rastra Bank), at the South Asian BFSI (Banking, financial services and insurance) Tech Summit & Awards, Kathmandu, 29 February 2024.
Проект указания Банка России «О внесении изменения в пункт 1 Указания Банка России от 6 ноября 2014 года № 3439-У»
Effective banking supervision relies on several factors, including authorities having relevant powers, operational independence, legal protection and the willingness to take timely actions. However, even if all these conditions are met, supervision will not be effective without adequate resources...
Проект указания Банка России «О внесении изменений в указание Банка России от 12.09.2018 № 4905-У»
by Flavia Alves
How do "Information and Communication Technologies" (ICTs) reshape the banking industry and banking habits? Using panel data containing detailed banking statements for more than 25,000 public and private bank branches distributed among over 3,500 municipalities of Brazil, I show that, following the rollout of the 4G mobile network, 6% of private banks exit the municipalities while their branches shrink on average 11% within five years of the introduction of this technology compared to municipalities that do not have it.
Проект указания Банка России «О порядке подачи клиентом заявления в Банк России, в том числе через оператора по переводу денежных средств, об исключении сведений, относящихся к клиенту и (или) его электронному средству платежа, в том числе сведений федерального органа исполнительной власти в сфере внутренних дел о совершенных противоправных действиях, из базы данных о случаях и попытках осуществления переводов денежных средств без добровольного согласия клиента, порядке принятия мотивированного решения об удовлетворении или об отказе в удовлетворении заявлений, указанных в частях 11.8 и 11.9 статьи 9 Федерального закона от 27 июня 2011 года № 161-ФЗ «О национальной платежной системе», а также о порядке получения оператором по переводу денежных средств информации об исключении сведений, относящихся к клиенту и (или) его электронному средству платежа, из базы данных о случаях и попытках осуществления переводов денежных средств без добровольного согласия клиента»
Проект указания Банка России «О порядке направления операторами по переводу денежных средств, операторами платежных систем, операторами услуг платежной инфраструктуры, операторами электронных платформ в Банк России информации обо всех случаях и (или) попытках осуществления переводов денежных средств
без добровольного согласия клиента, порядке получения ими от Банка России информации, содержащейся в базе данных о случаях и попытках осуществления переводов денежных средств без добровольного согласия клиента, порядке запроса и получения Банком России у операторов по переводу денежных средств, операторов платежных систем, операторов услуг платежной инфраструктуры, операторов электронных платформ информации о переводах денежных средств, связанных с переводами денежных средств без добровольного согласия клиента, в отношении которых от федерального органа исполнительной власти в сфере внутренних дел получены сведения о совершенных противоправных действиях в соответствии с частью 8 статьи 27 Федерального закона от 27 июня 2011 года № 161-ФЗ «О национальной платежной системе», а также о порядке реализации ими мероприятий по противодействию осуществлению переводов денежных средств без добровольного согласия клиента»
6 hours ago ... Internal Capital Adequacy Assessment Program (ICAAP) · IFRS 17 Insurance Contracts · IFRS 9 · Liquidity Compliance · Regulatory Capital · Regulatory Reporting ...
Call for papers - Conference organised by the CEPR, the Bank of Spain, the BIS and the ECB, Madrid, Spain, 16-17 September 2024.
by Egemen Eren, Timothy Jackson, Giovanni Lombardo
Is there a role for central bank balance sheet policies away from the effective lower bound on interest rates? We extend the canonical DSGE model with financial frictions to include a fully specified central bank balance sheet...
Project Gaia aims to help analysts search corporate climate-related disclosures and extract data quickly and efficiently using artificial intelligence (AI), particularly large language models (LLMs).
Application deadline: 14 April 2024, Location: Basel, Switzerland
Application deadline: 9 April 2024, Basel, Switzerland
Lecture by Agustín Carstens, General Manager of the BIS, at the Center for Financial Studies, Goethe University, Frankfurt, 18 March 2024.
Проект положения Банка России «О формах раскрытия информации в годовой бухгалтерской (финансовой) отчетности отдельных некредитных финансовых организаций, кредитных рейтинговых агентств, бюро кредитных историй и порядке группировки счетов бухгалтерского учета в соответствии с показателями годовой бухгалтерской (финансовой) отчетности»
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20 hours ago ... 1.0K Fintech / Regtech. DBS Goes Live on Trade Finance Network Contour · 349. Asia-Pacific. BSP Asks D-SIBs to Submit Recovery Plans Separate from ICAAP · 1.5K.
9 hours ago ... A day earlier Australian officials gave their New Zealand counterparts a “background briefing” on “Pillar II” of the trilateral security pact with the United ...
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8 hours ago ... Burning bright, an eternal heart. Desire's dance, a fiery delight, Love's first pillar, in the soft moonlight. Trust, the second pillar, sturdy and tall,
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Положения Банка России "О требованиях к системе управления операционным риском в кредитной организации и банковской группе"
Примечание
Российские банки больше 15 лет знакомы с требованиями Базельского комитета по банковскому надзору к статистическим моделям оценки риска, если считать с первого неофициального перевода ЦБ РФ документа «Базель-II», опубликованного в 2004 году. На практике банки начали активно работать с такими моделями в ходе обсуждения проекта первого официального письма ЦБ РФ от 29 декабря 2012 года № 192-Т и итоговых требований ЦБ РФ в положении от 3 декабря 2015 года № 483-П. Поэтому может показаться, что российские банки готовы к переходу на МСФО (IFRS) 9. Однако этот стандарт с вполне простой концепцией потребует от составителей отчетности дополнительной интерпретации и синхронизации используемых оценок риска. Проанализируем, чем МСФО (IFRS) 9 «Финансовые инструменты» отличается от требований «Базель‑II» и РСБУ
Основное изменение – замена учета понесенных (incurred) потерь на ожидаемые (expected). При первоначальном признании теперь используется оценка ожидаемых потерь в течение 12 месяцев, при существенном ухудшении кредитного риска – оценка полных ожидаемых потерь, то есть за весь период, соответствующий срочности финансового инструмента.
Отличия от «Базель-II». МСФО (IFRS) 9 напрямую не определяет событие дефолта. И в пункте B5.5.37 приложения В Руководства по применению поясняет, что при определении дефолта для установления риска наступления дефолта компания должна применять то определение, которое использует для внутреннего управления кредитным риском по соответствующему финансовому инструменту. Вместе с тем указано, что существует опровержимое допущение о том, что дефолт наступает не позже, чем когда финансовый актив просрочен на 90 дней, за исключением случаев, когда компания располагает обоснованной и подтверждаемой информацией, показывающей, что использование критерия дефолта, предусматривающего большую задержку платежа, более уместно.
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Source: msfo-practice.ru