Perceptions and practices of rice farmers in the lowland areas of Diplahan, Z...
Reports from ICC BC Task Forces - Financial Crime Risk - Henri Dambrieres
1. WE ARE THE WORLD BUSINESS ORGANIZATION.
Regulatory Advocacy Working Group – OBJECTIVES Paris / October 2019
Increase awareness
1) Better communicate within our working group, sharing public information
2) Within our banks
Preparation of easy-to-read memos on key identified issues
Contacts with Risk Dpt for QIS, impacts with figures
3) With regulators
In other countries members of the BCBS, than EU (Commission, Parliament, Council, EBA, ECB)
In European countries, below the EU level
With banks and their netwrorks, national Committees
Liaise with initiatives of the Working Group « Sustainable Finance»
Follow-up of impacts of Financial Regulation on Sustainable projects
Finalization of Basel 3 (world wide – all BCBS jurisdictions)
1) 20% CCF for Performance Guarantees (supported by a memo prepared with the Trade Register Group and GCD)
2) 10% CCF for UCCs
3) Confirmation of waivers for Maturity floors for Trade Finance
4) Treatment of unrated companies
Finalization of Basel 3 (EU)
1) Provisions on the Covered Part of an NPL even when the Guarantor is paying
2) Align RSF for Trade Finance off-balance sheet instruments at 5% max (like in other BCBS countries)
3) Remove reference to Equivalent Countries (for ratings of banks issuing LCs)
4) Review the EBA report published in August 2019 (before the issuance of a Dratf CRR by the Commission – in 2020)