Generic Law on Official Statistics_02_2016Светла Иванова
Generic Law on Official Statistics developed under the United Nations Development Account Project for the countries of Eastern Europe, Caucasus and Central Asia
Generic Law on Official Statistics_02_2016Светла Иванова
Generic Law on Official Statistics developed under the United Nations Development Account Project for the countries of Eastern Europe, Caucasus and Central Asia
PIRAEUS BANK FINANCIAL INSTITUTIONS ASSESSMENT MODEL: 2016 RANKINGSIlias Lekkos
The aim of this study is to provide clarity and transparency as to the methodology developed by Piraeus Bank in order to assess the financial strength, balance sheet quality and capital adequacy of a large number of -mostly European- financial institutions.
The methodology developed allows shortlisting the “preferred” financial institutions and ranking them each year from “best” to “worst”.
Having created the shortlist, the findings can be further used for the following three purposes:
To select fixed income instruments issued by the shortlisted institutions to be included in Piraeus Bank’s fixed income investment strategy
To use this shortlist as a starting point for the equity selection process of the above financial institutions
And last but not least, to evaluate current and potential counterparties for the wholesale banking division
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
Discusses the report of BSP during the year 2020 and discussed a brief introduction on financial system of the philippines and what are the importance of it and the impotant function of BSP in all banking institution
Capital Flow Measures and Research ChallengesMacropru Reader
Linda Goldberg, NYFed Research (and BIS Visiting Scholar) https://www.bis.org/ifc/events/sat_semi_rio_jul15/1_goldberg_presentation.pdf "'Capital Flow Measures and Research Challenges"
July 2015 Keynote Presentation, BCB / CEMLA / IFC , Rio de Janeiro.
The development of turnaround plan was in part to fulfil the conditions set forth by National Treasury for capital injection and provision of guarantee requested by the Land Bank
Performance budgeting in the OECD: Highlights from the OECD 2011/2012 PB surv...OECD Governance
This presentation was made by Lisa Von Trapp, OECD, at the 10th OECD-Asian Senior Budget Officials Annual Meeting held in Bangkok, Thailand, on 18-19 December 2014.
OECD Public Sector Accruals Symposium - Giovanna DABBICCOOECD Governance
This presentation by Giovanna DABBICCO was made at the 14th Annual OECD Public Sector Accruals Symposium, Paris 3-4 March 2014. Find out more at http://www.oecd.org/gov/budgeting/14thannualoecdpublicsectoraccrualssymposiumparis3-4march2014.htm
PIRAEUS BANK FINANCIAL INSTITUTIONS ASSESSMENT MODEL: 2016 RANKINGSIlias Lekkos
The aim of this study is to provide clarity and transparency as to the methodology developed by Piraeus Bank in order to assess the financial strength, balance sheet quality and capital adequacy of a large number of -mostly European- financial institutions.
The methodology developed allows shortlisting the “preferred” financial institutions and ranking them each year from “best” to “worst”.
Having created the shortlist, the findings can be further used for the following three purposes:
To select fixed income instruments issued by the shortlisted institutions to be included in Piraeus Bank’s fixed income investment strategy
To use this shortlist as a starting point for the equity selection process of the above financial institutions
And last but not least, to evaluate current and potential counterparties for the wholesale banking division
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
Discusses the report of BSP during the year 2020 and discussed a brief introduction on financial system of the philippines and what are the importance of it and the impotant function of BSP in all banking institution
Capital Flow Measures and Research ChallengesMacropru Reader
Linda Goldberg, NYFed Research (and BIS Visiting Scholar) https://www.bis.org/ifc/events/sat_semi_rio_jul15/1_goldberg_presentation.pdf "'Capital Flow Measures and Research Challenges"
July 2015 Keynote Presentation, BCB / CEMLA / IFC , Rio de Janeiro.
The development of turnaround plan was in part to fulfil the conditions set forth by National Treasury for capital injection and provision of guarantee requested by the Land Bank
Performance budgeting in the OECD: Highlights from the OECD 2011/2012 PB surv...OECD Governance
This presentation was made by Lisa Von Trapp, OECD, at the 10th OECD-Asian Senior Budget Officials Annual Meeting held in Bangkok, Thailand, on 18-19 December 2014.
OECD Public Sector Accruals Symposium - Giovanna DABBICCOOECD Governance
This presentation by Giovanna DABBICCO was made at the 14th Annual OECD Public Sector Accruals Symposium, Paris 3-4 March 2014. Find out more at http://www.oecd.org/gov/budgeting/14thannualoecdpublicsectoraccrualssymposiumparis3-4march2014.htm
Presentation by Andreas Bergmann, Chair IPSASB, at an Asian Development Bank Regional Workshop on Public Sector Accounting, in Jakarta, Indonesia, September 30, 2014
HLEG thematic workshop on measuring economic, social and environmental resili...StatsCommunications
HLEG thematic workshop on Measuring economic, social and environmental resilience, 25-26 November 2015, Rome, Italy, More information at: http://oe.cd/StrategicForum2015
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
This presentation, created by Syed Faiz ul Hassan, explores the profound influence of media on public perception and behavior. It delves into the evolution of media from oral traditions to modern digital and social media platforms. Key topics include the role of media in information propagation, socialization, crisis awareness, globalization, and education. The presentation also examines media influence through agenda setting, propaganda, and manipulative techniques used by advertisers and marketers. Furthermore, it highlights the impact of surveillance enabled by media technologies on personal behavior and preferences. Through this comprehensive overview, the presentation aims to shed light on how media shapes collective consciousness and public opinion.
Getting started with Amazon Bedrock Studio and Control Tower
Regulatory reporting in the light of the SSM: Industry and supervisors new challenges
1. Regulatory reporting in
the light of the SSM
Industry and supervisors new
challenges
Giancarlo Pellizzari
Head of Supervisory Statistics Division
DG Statistics
* The vies * The views expressed are those of the
presenters and do not necessarily reflect the position
of the ECB.
* The views expressed are those of the presenters and
do not necessarily reflect the position of the ECB.
* The views expressed are those of
the presenters and do not necessarily
2. Rubric
2
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion
3. Rubric
3
Scope of the SSM – Introduction
Significant banks
as defined under the SSMR by:
size
importance for EU or domestic
economy
extent of significant cross-
border activities
Less significant banks
when necessary to ensure consistent
application of high supervisory
standards
Banks that have requested or received
ESM or EFSF public financial
assistance
Three most significant banks in each
participating Member State
Direct supervision by the ECB
Less significant banks
Direct supervision by the NCAs
Significant
vs.
less significant entities
4. Rubric
4
The SSM – Introduction
Tasks assigned to the ECB
Inter alia
licensing and authorising credit institutions,
assessing qualifying holdings,
ensuring compliance with the minimum capital
requirements,
ensuring the adequacy of internal capital in relation to
the risk profile of a credit institution
conducting supervision on a consolidated basis and
supervisory tasks in relation to financial conglomerates.
ensuring compliance with provisions on leverage and
liquidity, applying capital buffers and carrying out, in
coordination with resolution authorities, early intervention
measures when a bank is in breach of, or is about to
breach, regulatory capital requirements.
Concerns all Banks in euro
area (+/- 6000 Banks)
Close cooperation with
National Competent
Authorities
5. Rubric
5
Directorate General Statistics – Introduction
DG-S is the overall data provider for ESCB tasks:
Article 5 (Statute): “In order to undertake the tasks of the ESCB, the
ECB, assisted by the national central banks, shall collect the necessary
statistical information, either from the competent national authorities or
directly from economic agents.”
DG Statistics:
Statistical domains:
Develops, collects, compiles
and disseminates statistics
Develops, manages and
applies the tools,
databases and data
processes
Defines the concepts and
classifications of the
statistics used by the ECB
and makes statistics
available
Monetary, financial
institutions and financial
markets statistics
Balance of payments,
international investment
position, international
reserves and other external
statistics
Macroeconomic statistics
Survey data of households
and enterprises
6. Rubric
Statistical cooperation in the ESCB and SSM
6
ESCB
Statistics
Committee
(STC)
WG on
Euro Area
Accounts
WG on
Statistical
Information
Management
WG on
General
Economic
Statistics
WG on
Government
Finance
Statistics
WG on
Monetary
and
Financial
Statistics
WG on
Securities
Statistics
WG on
External
Statistics
Ad-hoc
Task
Forces
WG on
Statistical
Information
Managemen
t (SSM)
Statistics
Committee
STC/SSM
WG on
Supervisory
Statistics
Supervisory Statistics Division – Introduction
7. Rubric
7
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion
8. Rubric
8
Supervisory Statistics Division – Activities
The Supervisory Statistics Division (SUP) manages Supervisory
reporting data and provides services to SSM related to these data.
In practice, SUP is responsible to:
1. Develop, collect, compile and disseminate the datasets and
quantitative risk reports for supervisory purposes. This entails
the coordination, receipt, quality management and reconciliation of
supervisory data of credit institutions, including those based on the
implementing technical standards of EBA (e.g. COREP, FINREP).
SUP controls and monitors (not ensures) the quality of data
received.
2. Establish the governance framework for SSM data
management from all Significant Institutions (SIs).
3. Receive, store and disseminate the relevant data on the indirectly
supervised banks ("less significant banks").
9. RubricSupervisory Statistics Division – Organisation
Supervisory Data
Management (SDM)
Regular data
collections
Regular reporting and
dissemination
Data Point Model
enhancements
Data quality
control/improvement
Relations with NCAs
Methodology and
Communication
Support to
preparation of legal
acts, impact
assessments
Preparation and
coordination of
speeches, papers
and presentations
International Collaboration
Working Group on
Supervisory Statistics
Liaison with EBA and
participation to EBA
substructures
Supervisory Data Management
Horizontal functions
Supervisory Data
Services (SDS)
Pilot exercises
New data
developments and
ad-hoc requests
Correspondence with
SSM data requests
Relations with SSM
Correspondence with
Statistical data
requests
Supervisory Data Services
10. Rubric
10
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion
11. Rubric
Sequential approach: Responsibility lies within the compiler
Page 11
• Reports are imputed in XLS or
any other transmission format
• Reports are transposed into
XBRL format
• Validation rules are applied
• XBRL file is zipped into an
envelope according to the
naming convention
• Data is transmitted to ECB
• Additional checks at ECB
• Data is transmitted to EBA
Bank
NCA
ECB
Bank
NCA
ECB
XBRL
provided
by Bank
XBRL
provided
by NCA
IT structure and data flows
13. RubricOverview of all regular data collections
EBA ITS data to be transmitted to the EBA. Collections already started
EBA ITS data to be transmitted to the EBA. Future data collections
Additional EBA ITS Data to be collected by the ECB
Additional data requirements of the SSM to be collected by the ECB
Source: SSM Supervisory Reporting Manual. Dates reflect first remittance of ITS data to ECB.
14. Rubric
14
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion
15. Rubric
* Status as at 12:00 on 17/09/2014
Quality of data – Overview
Page 15
16. RubricQuality of data – Under development
Page 16
Status
COREP LE NSFR etc.
Bank 1
Bank 2
etc.
All reports
Failed
validat.
Resub. Days
delay
Av. days
delay
Bank 1
Bank 2
etc.
COREP
Failed
validat.
Resub. Days
delay
Av. days
delay
Bank 1
Bank 2
etc.
LE
Failed
validat.
Resub. Days
delay
Av. days
delay
Bank 1
Bank 2
etc.
NSFR
Failed
validat.
Resub. Days
delay
Av. days
delay
Bank 1
Bank 2
etc.
Etc.
Failed
validat.
Resub. Days
delay
Av. days
delay
Bank 1
Bank 2
etc.
17. RubricQuality of data – Under development
Page 17
Completeness
DP DP DP DP DP DP DP DP Etc. Total
Bank 1
Bank 2
etc.
Total
« does it makes sense? »
Lev. ratio Solv.
ratio
DP DP Etc.
Bank 1
Bank 2
etc.
Variance/changes
Currency unit Geo.
presence
DP (solv.
Ratio)
Number
of DP
DP DP Etc.
Bank 1
Bank 2
etc.
18. Rubric
18
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion
19. Rubric
19
Challenges for supervisors and for banks
Challenges for supervisors are:
1. Supervisory data process and control – data quality
improvement.
2. Definition of derived statistics and indicators for the Risk
Assessment.
3. The further development and harmonisation of supervisory
reports.
4. Create synergies, reduce redundancies and successfully
combine the statistical with the supervisory expertise.
Challenges for banks are:
1. Understand ECB practices and reporting requests.
2. Improve data quality.
3. Be proactive in communication - Build trust
Other stakeholders? Single Resolution Board?
20. Rubric
20
Regulatory reporting in the light of the SSM
1
2 Supervisory Statistics: Organisation, activities and deliverables
Introduction: Statistics and the SSM
3 IT structure and data flows
4 Data quality
5 Challenges for supervisors and for banks
6 Conclusion