In January 2025, the MFSA issued a thematic review to Maltese LSIs highlighting gaps in the management of climate and environmental-related risks. The MFSA has requested new deliverables from LSIs by June 2025 to align with ECB and EBA expectations. PwC Malta is assisting banks in satisfying these supervisory...
In 2023, the European retail banking sector managed to contain operating cost growth despite inflationary pressures, resulting in a significant positive gap between revenue and costs. In the meantime, the global banking performance continued to benefit from interest rate hikes and margin expansions, which have...
The Interest Rate Risk in the Banking Book (IRRBB) framework helps banks manage risks from interest rate changes. It includes regulatory reporting via standardised templates for transparency and comparability. Key elements involve stress testing, behavioral modeling, governance, and monitoring of metrics like economic...
The European Parliament approved amendments to the Capital Requirements Regulations (CRR) and Capital Requirements Directive (CRD) under the Banking Package. Changes, known as CRR III/CRD VI, affect credit risk, real estate financing, ratings, market risk, operational risk, and ESG considerations. Impacts vary based on...
