The latest CRD IV regulations make small changes to risk-weighted credit exposure for banking institutions, except in the area of derivatives where the exposure can now be significantly higher.
Whilst COREP has been dominating the headlines in terms of changes in the regulatory reporting environment, new hedge accounting standards are being introduced for banking firms.
Formally confirmed on the 27th June 2013; CRD IV legislation has been formally published in the Official Journal of the EU. This affirms that the new legislation will come into effect from 1st January 2014.
We are pleased to announce that we have now moved office; our new head office has been fitted to our specification in order to accommodate our growth plans and the expansion of the ALMIS workforce, in particular the significant growth to the development and support functions within the company.
Thank you to everyone who attended the ALMIS International “Developments in Bank Liquidity and Capital Management Regulations and Practices” Seminar which was held on Wednesday 10th April 2013 in Central London.
Thank you to everyone who attended the “ALCO Reporting Using ALMIS: Margin and Basis Risk” Webinar on Thursday 21st March 2013. The webinar was presented by Joe Di Rollo (Managing Director) and Georgina Macleod (Business Development Executive).
As part of the on-going development of the Regulatory Reporting module ALMIS International is currently working with the Bank of England to develop a submission tool for the new OSCA application.
The quality of information given to ALCO can have a direct influence on the performance of a building society. ALMIS International specialise in helping clients develop automatic forward-looking ALCO reports.
The purpose of the webinar was to go through the LCR and NSFR requirements and highlight any practical management issues in readiness for this regulation and the next ALMIS releases giving CRD IV LCR and NSFR reporting.