Working proactively and reactively on regulatory, legislative and policy initiatives, the division provides members with a forum to discuss prudential issues and concerns, with the aim of:
- seeking appropriate, measured and globally consistent regulatory outcomes;
- seeking quality policy developments;
- enhancing and maintaining AFME's status as a trusted interlocutor;
- fostering a regulatory dialogue with the industry; and
- contributing industry expertise to informed debates about regulation.
The division is advised by the Prudential Regulation Board, which sets its broad policy focus and objectives, and the Prudential Regulation Committee, which scrutinises proposed regulations and advises on technical matters. These bodies are supported by a wide range of technical working groups.
AFME is working closely with EU regulators as they seek to implement the final revisions to Basel III in the EU (CRR3)
CRD V / CRR II
AFME is currently closely engaged with the EU’s trialogue process to agree CRDV/CRR II
Read AFME’s paper: AFME views on priority areas in the trilogue negotiations on the Risk Reduction Measures Package (RRM)
(December 7 2017 agreement)
AFME is working with international and EU regulators on the future implementation of the Basel III agreement in 2017.
Recovery and Resolution
AFME has been and remains extensively engaged in the development of bank Recovery and Resolution frameworks.
AFME is closely following the Council Action plan to tackle NPLs in Europe.
Read AFME’s study: Impact of Regulation on Banks’ Capital Markets Activities: An ex-post assessment, which was produced in collaboration with PwC.