AFME's Prudential Regulation division focuses on the issues relating to changes to the global, EU and UK prudential regulatory frameworks.
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.
CRD V / CRR II
AFME is currently closely engaged with the EU’s trialogue process to agree CRDV/CRR II
Basel III (December 7 2017 agreement)
AFME is working with international and EU regulators on the future implementation of the Basel III agreement in 2017.
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.
Prudential Regulation Board
Mark Penney, Chair
Véronique Ormezzano, Vice-Chair
Bank of America Merrill Lynch
Ana Rubio Gonzalez
Credit Agricole SA
Lloyds Banking Group
Gloria Hervas Ortega
Barbara Sillac Gavanou
Head of Prudential regulation
+44 (0)20 3828 2707
+44 (0)20 3828 2710
+44 (0)20 3828 2671
+44 (0)20 3828 2732
+44 (0)20 3828 2675
Managing Director, Brexit and Head of Recovery and Resolution
+44 (0)20 3828 2712
+44 (0)20 3828 2719
+44 (0)20 3828 2725