Search Results for Capital requirement

on the exemption of investment firms qualifying as small and medium-sized enterprises from the requirements to maintain a countercyclical capital buffer and a capital conservation buffer

Amendments to Circular CSSF 07/290 defining capital ratios pursuant to Article 56 of the amended Law of 5 April 1993 on the financial sector, as amended:
Transposition of Directive 2010/76/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies

supplementing Directive 2002/87/EC of the European Parliament and of the Council and Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the application of the calculation methods of capital adequacy requirements for financial conglomerates (Text with EEA relevance)

supplementing Regulation (EU) 2019/2033 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirement for investment firms based on fixed overheads (Text with EEA relevance)

on the transfer of non-performing loans, and:

1° transposing Directive (EU) 2021/2167 of the European Parliament and of the Council of du 24 November 2021 on credit servicers and credit purchasers, and amending Directives 2008/48/EC and 2014/17/EU;
2° implementing Regulation (EU) 2022/2036 of the European Parliament and of the Council of 19 October 2022 amending Regulation (EU) No 575/2013 and Directive 2014/59/EU as regards the prudential treatment of global systemically important institutions with a multiple-point-of-entry resolution strategy and methods for the indirect subscription of instruments eligible for meeting the minimum requirement for own funds and eligible liabilities;
3° amending:
(a) the Consumer Code;
(b) the amended Law of 5 April 1993 on the financial sector;
(c) the amended Law of 23 December 1998 establishing a financial sector supervisory commission (“Commission de surveillance du secteur financier”);
(d) the amended Law of 22 March 2004 on securitisation and amending
– the amended Law of 5 April 1993 on the financial sector;
– the amended Law of 23 December 1998 establishing a financial sector supervisory commission (“Commission de surveillance du secteur financier”);
– the Law of 27 July 2003 on the trust and on fiduciary contracts;
– the amended Law of 4 December 1967 on income tax;
– the amended Law of 16 October 1934 on wealth tax;
– the amended Law of 12 February 1979 on value added tax;
(e) the amended Law of 5 August 2005 on financial collateral arrangements;
(f) the amended Law of 18 December 2015 on the failure of credit institutions and certain investment firms.

laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council and Directive 2014/59/EU of the European Parliament and of the Council with regard to the supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (Text with EEA relevance)

Amendment of Circular CSSF 07/301, as amended by Circulars CSSF 08/338, 09/403,11/506 and 13/568 on the implementation of the internal capital and liquidity adequacy assessment process (ICAAP and ILAAP) and of Circular CSSF 11/506 on principles of a sound stress testing programme

supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria relating to the methodology for setting the minimum requirement for own funds and eligible liabilities (Text with EEA relevance)

supplementing Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms with regard to regulatory technical standards specifying a minimum set of the information on financial contracts that should be contained in the detailed records and the circumstances in which the requirement should be imposed (Text with EEA relevance)

laying down implementing technical standards for Directive 2014/59/EU of the European Parliament and of the Council with regard to formats, templates and definitions for the identification and transmission of information by resolution authorities for the purposes of informing the European Banking Authority of the minimum requirement for own funds and eligible liabilities (Text with EEA relevance)

on the calculation of institution-specific countercyclical capital buffer rates, transposing Article 140 of Directive 2013/36/EU

on the automatic recognition of countercyclical capital buffer rates during the transitional period

Definition of capital ratios pursuant to Article 56 of the amended Law of 5 April 1993 on the financial sector (application to investment firms and management companies subject to chapter 13 of the Law of 20 December 2002 as amended)

Amendment to Circular CSSF 07/290 (on reporting of large exposures and on the capital floors provided for in items 3, 4, 7 and 8 of Part XX)

Amendments to Circular CSSF 07/290, as amended, defining capital ratios pursuant to Article 56 of the amended Law of 5 April 1993 on the financial sector:
1. Transposition of Directives 2009/27/EC, 2009/83/EC and 2009/111/EC
2. Other amendments to Circular CSSF 07/290, as amended

Amendments to Annexe 1 of Circulars CSSF 06/273 and CSSF 07/290, as amended, defining capital ratios pursuant to Article 56 of the amended Law of 5 April 1993 on the financial sector

establishing the criteria of competence, good repute and financial soundness required for the authorisation of liability managers of institutions for occupational retirement provision in the form of pension savings companies with variable capital (sepcav) and pension savings associations (assep)