Review of the 2017 SREP results
This report looks at the methodology used by the ECB to carry out its supervisory evaluation of banks (“SREP”), as well as at the aggregate results disclosed by the supervisors and the figures released over time by individual banks. Our review suggests that greater disclosure may improve uniformity in how the SREP is implemented across institutions, as well as consistency between SREP analyses and supervisory priorities. Disclosure towards banks could be enhanced by using a standard, detailed template in the communication of the SREP findings (including “horizontal” benchmarking analyses and differences between supervisory computations and the banks’ own estimates). The release of SREP results to the public, while strengthening market discipline, may trigger undesirable reactions by customers and market counterparties; for banks with listed financial instruments, however, the additional capital requirements following from the SREP meet the definition of inside information provided in the Market Abuse Regulation, and should therefore be publicly disclosed. Finally, higher transparency standards are called for when it comes to the methodologies and metrics used by supervisors to assess specific areas within the SREP.
Análise aprofundada
Autor externo
A.Resti
Sobre este documento
Tipo de publicação
Domínio de intervenção
Palavra-chave
- análise económica
- análise económica
- aplicação do direito da UE
- ATIVIDADE POLÍTICA
- Banco Central Europeu
- competência institucional (UE)
- controlo bancário
- direito da União Europeia
- ECONOMIA
- EMPRESAS E CONCORRÊNCIA
- FINANÇAS
- fiscalização do mercado
- gestão administrativa
- gestão de riscos
- governação
- instituição de crédito
- instituições da União Europeia e função pública europeia
- instituições financeiras e crédito
- INTERCÂMBIOS ECONÓMICOS E COMERCIAIS
- poder executivo e administração pública
- política bancária
- política comercial
- UNIÃO EUROPEIA