Following the financial crisis in the late 2000’s, regulators worldwide have stepped up supervision of the financial industry. As a consequence the European Banking Authority (EBA) is requesting extensive, very detailed information from banks under Basel III. Both national supervisors and the EBA use this dataset to identify banks with a high risk of failing. CRD IV Health Checker looks at your bank’s filing to spot data points that require special attention prior to submittal to the regulator.
Banks are likely to trigger close scrutiny by the national supervisor or EBA if deemed risky. Knowing what areas might draw their attention, can help you to anticipate possible questions from these regulators.
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