Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
Welcome to the weekly Financial Services highlights from the Lexis®PSL Financial Services team for the week ending 17 November 2016.
The British Bankers’ Association (BBA) has produced a series of four guides on how Brexit will impact on banking. The guides cover staying in or leaving the single market, how to exit the EU in an ‘orderly’ fashion, passporting and equivalence. The BBA says it is working with governments and other sectors across Europe ‘to limit disruption and deliver the most positive outcome for the people of the UK and Europe’.
On 9 November 2016, in a speech to the Economic and Monetary Affairs Committee, Danièle Nouy, chair of the Supervisory Board of the European Central Bank (ECB), covered a number of recent developments in the banking sector, including the profitability of euro area banks remaining low by historical standards, competition from non-banks, and the increased need for investments in information technology to keep up with consumers’ demand for digital services and distribution channels that are partly outdated. Ms Nouy refused to blame low interest rates alone for Euro banks’ poor profitability, and set out the ECB’s action on non-performing loans. The speech also touches on the Supervisory Review and Evaluation Process or SREP for 2016 and outlines the regulatory thinking of the Basel Committee.
On 10 November 2016, the European Banking Association (EBA) published the October 2016 edition of EBA Press. The edition includes a review of internal models and the discrepancies across the European Union together with a directory of key EBA publications for the period June to October 2016.
On 11 November
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234