Capital and Liquidity Requirements for European Banks

Bart P.M. Joosen holds the chair Financial Supervision Law at the Faculty of Law, Vrije Universiteit Amsterdam, the Netherlands. He is also board member of the Zuidas Institute of Financial and Corporate Law of that university. Bart Joosen held until 2017 the chair Prudential Supervision Law at the University of Amsterdam. He defended his PhThesis on the “Transfer of undertakings in bankruptcy” in January 2008 at Tilburg University and in connection with this comparative law study to Dutch and French law he was admitted as research fellow at the Law Faculty of the University of Paris-I (Panthéon-Sorbonne) in 1988 and 1989. Marco Lamandini is Full Professor (Chair) of Commercial Law at the University of Bologna, where he teaches European Financial Regulation, Advanced Banking Regulation and Central Banking, and International and European Company Law. He earned his Ph.D in Commercial Law in 1994. Assistant Professor (“ricercatore”) at the Catholic University in Milan from 1995 to 1998. Associate Professor of Company Law at the University of Bologna from 1998 to 2001. He has been Visiting Fellow at the Max Planck Institute of Munich and Hamburg and in several Universities, such as Berkeley, London School of Economics, Oxford and Cambridge. He is a Vice-Chair of the Academic Board of the European Banking Institute (EBI), based in Frankfurt and a Member of the Academic Board of the European Capital Market Institute (ECMI), based in Brussels. He is currently the President of the Board of Appeal of the European System of Financial Supeand a member of the Appeal Panel of the Single Resolution Board (SRB). Tobias Tröger holds the Chair of Private Law, Commercial and Business Law at Goethe-University Frankfurt. He is the co-director of the Center for Advanced Studies Foundations of Law and Finance (CAS LawFin). At the Leibniz Institute Sustainable Architecture for Finance in Europe (SAFE), he heads the cluster “Law and Finance”. He was the President of the Executive Board of the European Banking Institute (EBI) and currently serves as chair of the Global Corporate Governance Colloquia (GCGC). Tobias Tröger is an advisor to the European Parliament on matters regarding the Single Supervisory Mechanism (SSM) responsible for the euro area's largest banks

Bart Joosen, Marco Lamandini, and Tobias Tröger: Introduction
Part 1: ORIGIN AND CONTEXT OF CAPITAL REQUIREMENTS FOR EUROPEAN CREDIT INSTITUTIONS
1: Christos Gortsos: Overview of Capital Adequacy Legislation in Europe
Part 2: QUALITATIVE CAPITAL REQUIREMENTS
2: Marco Lamandini and David Ramos Muñoz,: The Definition of Regulatory Capital Instruments
3: Karl Philipp Wojcik: 3 Direct Effect and Binding of European Regulation
4: Tobias Tröger: Qualitative capital requirements and their relationship with MREL/TLAC
Part 3: QUANTITIVE CAPITAL REQUIREMENTS
5: Bart Joosen: The construction of the Total Risk Exposure Amount and the relationship with Combined Buffer Requirements
6: Bart Joosen: 6 Ordinary quantitative buffer requirements, the definition of default, loss distribution, expected and unexpected loss and provisioning
7: Bart Joosen: Credit Risk and Dilution Risk, Standardised and Internal Ratings Based Methods
8: Bart Joosen: Credit Risk Mitigation Techniques and Credit Risk Protection
9: Bart Joosen: Capital Treatment of Securitisations
10: Umberto Cherubini: Position Risk and Market Risk measures. Fundamental Review of the Trading Book
11: Matthias Haentjens: Capital Markets Transactions and Counterparty Credit Risk
12: Bart Joosen: Operational Risk in the capital requirements framework for banks
13: Dr. Katerina Lagaria: Capital Conservation Buffer, Countercyclical Capital Buffer
14: Tobias Tröger: Capital buffers for systemically important banks and Systemic Risk Buffer
Part 4: LIQUIDITY SUPERVISION AND REQUIREMENTS
15: Willem Boonstra and Bruno de Cleen: Liquidity risk and its management: The LCR and NSFR
16: Seraina Gruenewald: Securitisation positions and covered bond positions as HQLA
Part 5: SUPERVISORY REVIEW AND EVALUATION PROCESS AND PILLAR 2 CAPITAL
17: Dalvinder Singh: Internal Capital and Liquidity Adequacy Assessment, Purpose and Relation with Supervisory Engagement
18: Marco Lamandini and David Ramos Muñoz: Supervisory Review and Evaluation Process (SREP) in the Context of the Exercise of Supervisory Powers and Extraordinary Measures
19: Pedro Duarte Neves, Lúcio Tomé Féteira, and Luis Silva Morais: Stress-testing in banking in the EU: Critical issues and new prospects
Part 6: VI REPORTING AND DISCLOSURES
20: Christos Hadjiemmanuil: Reporting and disclosure requirements for smaller banks, application of the principle of proportionality
21: Edgar Löw and Kevin Voigt: Applicable Accounting Principles, IFRS, Local GAAP and Compatibility with Prudential Reporting