The European Association of Co-operative Banks (EACB), in collaboration with its academic think-tank, is pleased to announce the publication of the Call for Papers containing the criteria for application, the selection procedure and the research topics for the Third edition of the Award. For further information, please click on READ MORE.Read more
The European Association of Co-operative Banks (EACB) welcomes the opportunity to respond the ESMA Consultation Paper on depositary requirements under UCITS V. For further information about this topic, please click on READ MORE.Read more Download PDF
EACB responds to the EBA consultation on draft GL for common procedures and methodologies for the supervisory review and evaluation process (EBA/CP/2014/14)
The members of the EACB welcome the opportunity to comment on the EBA draft GL laying out provisions for common procedures and methodologies for the supervisory review and evaluation process. There are a number of issues of concern that should be addressed with respect to this key element of supervisory framework which considerably widens the competences of supervisors, ranging from the direct investigation of the business and risk management to participation in capital allocation and intervention in the management and business policies.
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EACB comments on the IASB DP "Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging"
The European Association of Co-operative Banks (EACB) appreciates the International Accounting Standards Board (IASB) initiative to discuss an alternative approach to macro-hedge accounting, as presented in its Discussion Paper (DP) “Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging”. We indeed believe that a hedge accounting model for open portfolios should be developed. The approach proposed reflects a good understanding of issues at stake and represents a good start for developing a macro hedging model.
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