Insights

Prepare for new EU banking rules (CRR III & CRD VI) with Grant Thornton's regulatory & risk advisory team. Leverage our experts for gap assessments, implementation & more. Local & EU-wide support.

The CBI has released its 2024/2025 Regulatory & Supervisory Outlook which sets out key trends, risk drivers and outlooks shaping the (re)insurance sector. Read our latest insight to find out more.

Our Regulation Outlook delves into the evolving EU regulatory landscape, exploring the key uncertainties that are poised to influence decision-making processes, market dynamics, and strategic planning throughout the year.

The Central Bank of Ireland (CBI) released a letter highlighting the main findings of its work on asset valuation, which sets out its expectations to be adopted by all firms to mitigate the issues identified in Irish Fund Management Companies (Firms). This report sets out ESMA’s analysis and conclusions on its January 2022 Common Supervisory Action (CSA) exercise and presents ESMA’s views on the findings.

The UK Financial Conduct Authority (FCA) has produced draft rules for overseas funds being distributed to UK investors. These rules are being put in place for funds from jurisdictions where the UK Government has issued an ’Equivalence’ decision. Read this article to find out more about the new requirements.

This ECB paper is relevant to banks with derivatives and trading books; it explores the operational aspects and hidden costs associated with the wind-down of a bank’s trading book. An orderly wind-down of a trading book may be a recovery option or an element of a bank’s preferred resolution strategy. This paper details principles of ECB’s supervisory expectations with respect to both recovery and resolution planning.

Our focus in this paper is to develop decision making models using a range of advanced machine learning techniques. We explore three different methodologies to measure the discriminatory power between good and bad borrowers using a credit card portfolio dataset. The main hypothesis is that advanced modelling techniques lead to more efficient estimates and higher discriminatory power.

On 30 January, the Central Bank published Guidance for (Re)insurance Undertakings on Intragroup Transactions and Exposures following a consultation that ended in September 2022.

In response to the fast growth of the payment services market, the European Commission issued a Revised Payments Legislative Package. This seeks to ensure the EU’s financial sector is fit for purpose and capable of adapting to the ongoing digital transformation, and the risks and opportunities it presents – in particular for consumers.

Grant Thornton has constructed a Physical Risk Quantification Framework in its effort to support financial institutions in identifying and measuring their Climate & Environmental (C&E) Risks. In this publication, we present our methodology, implementation, and key benefits of the framework.

With our finger on the pulse of this ever-evolving industry, we provide intermediaries with practical, cost-effective solutions to address your business needs, from outsourcing, assistance in navigating regulatory landscape developments and their impacts, statutory reporting requirements, to support with mergers and acquisitions.

Grant Thornton’s agile team of operational resilience experts are ready to deliver proven solutions to our clients based on regulatory requirements and their strategic priorities. We leverage our vast industry experience of operational resilience engagements to assist you implement the guidance effectively on a day-to-day basis and to set future plans and strategies.