Regelungsvorhaben

Suggestions for the calibration of aspects of the Net Stable Funding Ratio framework

Angegeben von:
Association for Financial Markets in Europe (AFME) (R001235) am 28.06.2024

Beschreibung:
The changes suggested by the EBA to the NSFR RSF factors for reverse repos, if implemented, could have multiple unintended consequences for primary and secondary dealing in securities given the role of repo markets at the centre of the financial system, including an increased cost for European governments wishing to finance their economic needs. This has been recognised previously by a range of policymakers in the objectives to the introduction of the transitional periods for the NSFR under the negotiation of the Capital Requirements Regulation and in response to the global BCBS’ assessment of NSFR regulations in Europe.