Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Suggestions
Sort by

Banking supervision glossary

capital adequacy statement (CAS)

A formal statement from the management body providing its assessment of the capital adequacy of the institution and explaining its main supporting arguments.

Capital Requirements Regulation / Capital Requirements Directive (CRR/CRD IV)

Capital Requirements Regulation and Directive: Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms (CRR) and Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (CRD IV). The CRR/CRD IV package transposes the global standards on bank capital (the Basel III agreement) into EU law.

CAS

See

CCyB

See

CET1

Common Equity Tier 1

CGO

Compliance and Governance Office

CJEU

See

CO2

carbon dioxide

COI

Centralised On-Site Inspections Division

common procedures

Procedures which apply to both SIs and LSIs. The common procedures enable the ECB to apply the single European rulebook in a consistent way. Common procedures include: granting a banking licence to a new company or extending an initial licence; authorising an acquisition of a participation in an existing institution; withdrawing a banking licence. See also

comprehensive assessment

Financial health checks which the ECB is required to carry out prior to assuming direct supervision over a credit institution. Comprehensive assessments help to ensure that the banks are adequately capitalised and can withstand possible financial shocks. The assessment comprises an asset quality review and a stress test.

COREP

common reporting

Court of Justice

See

Court of Justice of the European Union (CJEU)

The EU institution that rules on the interpretation and application of EU law and reviews the legality of acts of the EU institutions. It consists of the Court of Justice and the General Court.

CRD

Capital Requirements Directive

CRR

Capital Requirements Regulation

CRR/CRD IV

See