EU Financial Regulatory Q&A Database

Determination the failure of an institution

Directive 2014/59/EU (BRRD) · Art. 32

Determination made by competent authority

Directive 2014/59/EU (BRRD) · Art. 32 / 81 / 82

Declaration of insolvency / bankruptcy

Directive 2014/59/EU (BRRD) · Art. 32, 32b

Inclusion of mixed-activity holding companies into group resolution plans

Directive 2014/59/EU (BRRD) · Art. 12

Suspension of resolution plan updates

Directive 2014/59/EU (BRRD) · Art. 17

Prohibition for institutions to enter into agreements with third country counterparties

Directive 2014/59/EU (BRRD) · Art. 17

Clarification on the scope of application to address or remove impediments to resolvability

Directive 2014/59/EU (BRRD) · Art. 17

Clarification to the wording “joint decisions should be taken by national authorities concerned” in Recital 98

Directive 2014/59/EU (BRRD) · Art. Recital 98

Scope of application of EBA guidelines on loan origination and monitoring

Directive 2013/36/EU (CRD) · Art. 74

Group Solvency Requirement

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 330

Technical Provisions (TPs)

Guidelines on valuation of technical provisions · Art. Guideline 68

Long Term Guarantees (LTGs)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on implementation of the long-term guarantee measures · Art. Guideline 2; Article 38 of 2015/35 Delegated Regulation

Solvency Capital Requirement (SCR)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 178

Technical Provisions (TPs)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on contract boundaries · Art. Article 18(3) of the Commission Delegated Regulation (EU) 2015/35

Technical Provisions (TPs)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) · Art. Article 31 of the Delegated Regulation 2015/35; Article 78 of SII Directive 2009/138

Cross-selling (Art. 24 IDD)

(EU) No 2016/97 - Insurance Distribution Directive · Art. Article 24

Scope

Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU

Reinsurance

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on application of outwards reinsurance · Art. 121-124

Solvency Capital Requirement (SCR)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on valuation of technical provisions · Art. Article 116(6) of the Delegated Regulation

Association of personalised security credentials to the payment service user

Directive 2015/2366/EU (PSD2) · Art. 97

Confirmation of Funds (CoF) request by a PISP in case of batch processing system

Directive 2015/2366/EU (PSD2) · Art. 65

Reinsurance

Guidelines on application of outwards reinsurance · Art. Guideline 15

Scope of “additional registrations” as obstacles in the sense of Article 32(3) Delegated Regulation (EU) 2018/389

Directive 2015/2366/EU (PSD2) · Art. 98

Solvency Capital Requirement (SCR)

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 116

Maturity calculation under IRB for exposures that only have contractual cashflows in the form of fees

Regulation (EU) No 575/2013 (CRR) · Art. 162

Treatment of cured defaulted exposures

Regulation (EU) No 575/2013 (CRR) · Art. 178

Look-through application under IRB approach

Regulation (EU) No 575/2013 (CRR) · Art. 152

Calculation of the collateral value of immovable property considering minimum level of over-collateralisation ratio

Regulation (EU) No 575/2013 (CRR) · Art. 125, 126, 230

Definition of participation for the purposes of Article 18(7) CRR

Regulation (EU) No 575/2013 (CRR) · Art. 18

Scope of applicability of the required method of prudential consolidation under the Article 18(7) CRR

Regulation (EU) No 575/2013 (CRR) · Art. 18

Treatment of third country covered bonds under IRB Approach

Regulation (EU) No 575/2013 (CRR) · Art. 161

Payers right to make use of payment initiation service providers for all types of payment transactions

Directive 2015/2366/EU (PSD2) · Art. 66

Synthetic securitisatios

Regulation (EU) No 2017/2402 (SecReg) · Art. 2

Applicability of the Guidelines of the Committee of European Banking Supervisors on Article 106(2)(c) and (d) of Directive 2006/48/EC (CRD)

Regulation (EU) No 575/2013 (CRR) · Art. 390

Alternative strong customer authentication for citizens without mobile

Directive 2015/2366/EU (PSD2) · Art. 97 & 98

Use of the “maturity of the tranche” (MT) as defined in Article 257 CRR as the “residual maturity” for purposes of the volatility adjustments for securitisation positions under Table 1 of Article 224(1) CRR.

Regulation (EU) No 575/2013 (CRR) · Art. 224

Reinsurance

Guidelines on basis risk · Art. Guideline 3 - Insurance risk-mitigation techniques with no material basis risk

2085

(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. Articles 140 (and 30)

Use of short-term credit assessments with Article 120(2) CRR

Regulation (EU) No 575/2013 (CRR) · Art. 120

Revocation / Invalidation of SCA proof before execution date

Directive 2015/2366/EU (PSD2) · Art. 74

Home / host cooperation

Directive 2015/2366/EU (PSD2) · Art. 28

How does Article 15(2)(c) of the Delegated Regulation regarding the review of the KID apply to the different holding periods shown? If the mean return for the PRIIP's moderate performance scenario, ex

PRIIPs

Annex II, paragraph 10 of the Delegated Regulation shows sub intervals to use for funds with pricing frequencies of daily, weekly or monthly, but not what to apply for those funds with other pricing f

PRIIPs

If the PRIIP is an AIF investing into linear products yet the leverage on investments changes throughout time (therefore leverage factor is non-constant but underlying exposures are linear), would thi

PRIIPs

In the case of subscription products, should manufacturer also modify the entry costs, if the market conditions during the offering period increase the initial fair value and thus the entry costs are

PRIIPs

In the case of subscription products, shall the manufacturer modify the cost figures each time the KID is revised even if the revision is caused by a change in another element and his percentage varia

PRIIPs

In the case of subscription products, could the manufacturer include a reference to the variation (+/- Costs) due to variation in market conditions during the offering period?

PRIIPs

The exchange as manufacturer may not know all the costs, since some costs are added by the broker. In this situation is it acceptable for the exchange only to report the costs which relate to the prod

PRIIPs

Settlement instructions sent by CCPs

Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR

Participants' settlement efficiency

Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR