The EACT has responded to the European Banking Authority's consultation on the treatment of CVA risk under the supervisory review and evaluation process (SREP). In our response we highlight that the EBA's mandate for issuing the proposed guidelines is questionable and that applying the guidelines would partially eliminate the exemption from CVA risk charge from which non-financial counterparties are benefitting under CRR.
Tarek is an experienced public affairs expert, specialising in EU financial regulation and has previously advised financial and non-financial companies across the entire financial services value chain on their EU policy advocacy strategies at FleishmanHillard. Tarek has a profound understanding of the regulatory issues impacting treasury and of the strategic objectives of the EACT.
View MoreRead the EACT's response to the European Commission's new digital finance strategy for Europe / FinTech action plan.
View MoreThe EACT is grateful for the opportunity to respond to the consultation on the implementation of new retail payments strategy. Read our position here.
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The latest issue looks at the results of the EACT Survey, FX hedging in volatile markets, and shares the latest news from EACT and its member associations.
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The latest issue looks at how to plan liquidity requirements during Covid-19, defend against fraud and cyberattacks, and shares the latest news from EACT and its member associations.
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