Feeling over regulated? Don’t forget to make a healthy interest margin in 2015
The new regulations that came into force last year and continue into 2015 are a significant challenge particularly for Banks and Building Society finance departments.
The new regulations that came into force last year and continue into 2015 are a significant challenge particularly for Banks and Building Society finance departments.
We are beginning to see some clarity for liquidity under CRD IV. The PRA have recently published a consultation paper CP27/14 and this is based on the EU Delegated ACT published on 10th October 2014.
Back in 1992 when ALMIS International was founded, spreadsheets were very much the norm for calculating balance sheet risk. The need to do calculations at all was a ‘nice to have’ but certainly not an essential part of managing a Building Society.
The Bank of England (the Bank) and the Financial Services Authority (FSA) have published a joint paper entitled, The Bank of England, Prudential Regulation Authority – Our approach to banking supervision.
ALMIS International ALM Good Practices seminar was attended by industry experts, regulators, and representatives from over 40 Banks and Building Societies.
On the 17th January 2011, the FSA sent a letter to all banking chief executives on what constitutes good practice within ALM. Following the FSA’s recent observations and recommendations, ALMIS International is carrying out further research to find out the views of small to medium size banks.