The Berne Union response to the European Banking Authority (EBA)

23/05/2019
Member News

The European Banking Authority (EBA) has published a consultation paper with draft guidelines on credit risk mitigation for banks, see https://bit.ly/30ADJxh

The Berne Union has recently provided feedback to the EBA with arguments why credit insurance is a strong risk mitigating tool meriting favourable capital requirements for banks using the product. The Berne Union response can be found here

The Berne Union Legal and Regulatory Task Force was leading the draft of the response. Members of this task force include representatives of private sector insurers, Export Credit Agencies and multilateral insurers. The task force was set up earlier this year to facilitate a coordinated approach in engagement with financial regulators. A favourable treatment of credit insurance as a risk mitigating tool will ensure the availability of bank financing for exporters and investors.

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Upcoming meetings

24-25 Jun 2019

Country Risk Specialist Meeting

Bratislava, Slovakia
The Country Risk Specialist Meeting will take place from 24 - 25 June 2019, hosted by Eximbanka...
19-20 Sep 2019

SME Specialist Marketing Workshop

Stockholm, Sweden
EKN will be hosting a SME marketing focused workshop in Stockholm from 19 - 20 September
20-24 Oct 2019

Hyderabad Annual General Meeting 2019

Hyderabad, India
The 2019 AGM will take place in October - hosted in Hyderabad by ECGC.