When UBPartner and BRSANALYTICS partnered to deliver XBRL reporting tools for CRD4 and Solvency II, the focus was on providing total and effective support. This obsession on customer success has helped over 20 banks and insurance firms to deliver their XBRL reports for the first time. PARIS, FRANCE (PRWEB UK) 14 [...]
Notice To Our Esteemed Customers As you are aware the Depositor's Compensation Scheme (DCS) unit within the MFSA has just released the first Draft of the technical XML Schema that is required to report data. These include new field specifications covering SCV and DEF accounts, and new file format (XML) for correct [...]
European Central Bank’s bid for more powers represents challenge to City’s dominance of £880bn-a-day business London is facing renewed pressure over its dominance of the €1tn (£880bn)-a-day euro clearing market after the European Central Bank set out proposals aimed at giving it more oversight of the lucrative business. The move by the [...]
Remarks by Peter Praet, Member of the Executive Board of the ECB, at the Association of Banks in Bulgaria, Sofia, 24 May 2017 Europe’s economic recovery Since June 2014, the ECB has introduced a range of unconventional measures, alongside our conventional ones, in pursuit of its price stability objective. Together, [...]
The European Central Bank (ECB) will begin tapering its generous asset-buying program in the fall, according to the CEO of Italy's largest retail bank, with interest rate hikes to follow as soon as 2018. "In one year (or) a couple of years, we will have, for sure, a reduction in quantitative easing and we [...]
Brexit minister David Davis said on Wednesday that Britain will not be paying €100bn to leave the EU. Reports that the EU was preparing to demand that amount appeared in the Financial Times, which cited its own analysis of new stricter demands it said were driven by France and Germany. "We'll not be paying [...]
A Message to Our Esteemed Customers The BRSANALYTICS regulatory reporting tool systematically gathers and consolidates the required data for statistical and supervisory reports with minimal manual intervention. Our team of industry experts keep constant tabs on the latest developments surrounding the regulatory framework to deliver greater added product functionality in line with [...]
The European Banking Authority (EBA) announced this week that it has released an updated taxonomy and Data Point Model (DPM) for banks providing data to the EU bank regulator and supervisors. The new requirements come into effect for filings submitted to the EBA on or after 30 June 2017. The changes include a range [...]
KPMG expects to benefit from the Brexit vote as companies racing to draw up contingency plans turn to the Big Four accountancy giant for advice on how to protect their businesses while the UK secedes from the EU. Speaking as KPMG UK posted a 5.6pc rise in annual revenues to almost £2.1bn, breaking the [...]
The European Banking Authority (EBA) published today its final Guidelines on regulatory disclosure requirements following an update of the Pillar 3 requirements by the Basel Committee in January 2015. These Guidelines represent a significant step forward in the EBA's effort of improving and enhancing the consistency and comparability of institutions' regulatory disclosures. Following the [...]