cepPolicyBrief Authors: Philipp Eckhardt, Dr. Bert Van Roosebeke and Martina Anzini | eckhardt@cep.eu cep | Kaiser-Joseph-Straße 266 | 79098 Freiburg | Germany | Telephone + 49 761 38693-107 | www [...] www.cep.eu 1 EU-Regulation CAPITAL REQUIREMENTS REGULATION COVID-19 QUICK-FIX cepPolicyBrief No. 2020-6 The most important passages in the text are indicated by a line in the margin. [...] it [Art. 1 point 9]. CRR COVID-19 quick-fix cep | Kaiser-Joseph-Straße 266 | D-79098 Freiburg | Telefon 0761 38693-0 | www.cep.eu 3 ► Temporary prudential filters for unrealised gains
Dateityp: application/pdf
Hohmann, LL.M. Eur. | kullas@cep.eu CEP | Kaiser-Joseph-Straße 266 | 79098 Freiburg | Germany | Telephone +49 (0)761 38693-105 | www.cep.eu 1 EU Green Paper EUROBONDS cep Policy Brief No. 2012-04 of [...] national government bonds. Eurobonds CEP | Kaiser-Joseph-Straße 266 | 79098 Freiburg | Germany | Telephone +49 ( 0)761 38693-105 | www.cep.eu 3 – The single Member State is liable only for [...] payment defaults and budgetary decisions of other Member States. The liability exposure of option 1 is neither controllable nor foreseeable, due to the uncertain number and volume of payment defaults. The
Dateityp: application/pdf
co-head of the cep Energy & Climate Department until December 2014. Dr. Götz Reichert is head of the cep Energy & Climate Department. Prof. Dr. Jan S. Voßwinkel is scientific advisor to the cep Energy & [...] & Climate Department. cep | Centrum für Europäische Politik Kaiser-Joseph-Straße 266 | 79098 Freiburg | Germany Phone +49 761 38693-0 | www.cep.eu cep is the European policy think tank [...] cepStudie cepInput EU Climate and Energy Policy 2030 Comments on an Evolving Framework Moritz Bonn, Nadine Heitmann, Götz Reichert & Jan S. Voßwinkel With regard to the greenhouse gas reduction
Dateityp: application/pdf
Centrum für Europäische Politik. cep | Centrum für Europäische Politik Kaiser-Joseph-Strasse 266 | D-79098 Freiburg Telephone +49 761 38693-0 | www.cep.eu cep is the European-policy think tank [...] cepStudie cepInput Reviving the Principle of Subsidiarity Five requirements for achieving the EU- Commission‘s aim of „Better Regulation“ RA Klaus-Dieter Sohn & Sebastian Czuratis When preparing [...] Wirtschaftspolitik, 2014. 19 Koch/Kullas, in: cepAnalysis Subsidiarität nach Lissabon – Scharfes Schwert oder stumpfe Klinge?, 2010. 20 Koch/Kullas, in: cepAnalysis Subsidiarität nach Lissabon – Scharfes
Dateityp: application/pdf
0%) Credit default swaps 32.7 (5.3%) Commodity 2.9 (0.5%) Equity-linked 6.6 (1.1%) Foreign exchange 49.2 (8.0%) Interest rate 449.8 (73.2%) Unallocated 73.5 (12.0%) Credit default swaps 32.7 (5 [...] (11.3%) Credit default swaps 1.8 (8.3%) Commodity 0.5 (2.5%) Equity-linked 0.7 (3.3%) Interest rate 14.0 (64.9%) Foreign exchange 2.1 (9.6%) Unallocated 2.4 (11.3%) Credit default swaps 1.8 (8.3%) [...] Lehman to other market participants in the days preceding and following Lehman's default failure. See A. Yavorsky, "Credit Default Swaps: Market, Systemic and Individual Firm Risks in Practice", Moody's, October
Dateityp: application/pdf
debt instrument in a basket underlying a given 'nth to default' credit default swap; risk positions from different 'nth to default' credit default swaps shall not be included in the same hedging set; [...] set for each issuer of a reference debt instrument that underlies a credit default swap. 'Nth to default' basket credit default swaps shall be treated as follows: (a) the size of a risk position in a [...] underlying an 'nth to default' credit default swap is the effective notional value of the reference debt instrument, multiplied by the modified duration of the 'nth to default' derivative with respect
Dateityp: application/pdf
debt instrument in a basket underlying a given 'nth to default' credit default swap; risk positions from different 'nth to default' credit default swaps shall not be included in the same hedging set; [...] set for each issuer of a reference debt instrument that underlies a credit default swap. 'Nth to default' basket credit default swaps shall be treated as follows: (a) the size of a risk position in a [...] underlying an 'nth to default' credit default swap is the effective notional value of the reference debt instrument, multiplied by the modified duration of the 'nth to default' derivative with respect
Dateityp: application/pdf
annuity. (See also: Normal pension age; Annuity). Conditional indexation – Refers to defined benefit schemes where the provision of indexed benefits (generally revalued to inflation or wages) is conditional [...] onwards. 2 Report available at http://europa.eu/epc/publications/index_en.htm, see Council Conclusions http://www.consilium.europa.eu/uedocs/cms_data/doc [...] adjustments, changing accrual rates, adjusting the normal pension age, and applying conditional indexation. International policy discussions raise the question whether current EU regulation is able to
Dateityp: application/pdf
Blue Card (February 2015) 02/2015: Climate and Energy Targets 2030 (February 2015) 01/2015: cepDefault Index Greece. Acceleration of the Drop in Creditworthiness (January 2015) 05/2014: The Investment [...] Eur., is policy analyst in the cep Single Market and Competition Department. Dr. Matthias Kullas is head of the cep Single Market and Competition Department. cep | Centrum für Europäische Politik [...] cepStudie cepInput Exceptions to copyright Should optional exceptions be made mandatory? Iris Hohmann & Matthias Kullas The Commission has announced a reform of the copyright rules in the EU before
Dateityp: application/pdf
Elemenler December 2019 cep | Centrum für Europäische Politik Kaiser-Joseph-Strasse 266 | D-79098 Freiburg Telephone +49 761 38693-0 | www.cep.eu © shutterstock cepStudy 10 Years of Redistribution [...] assistance are burdened because the actual interest rates do not adequately cover the default risk. In pricing the default risk, we took account of the fact that, de jure or at least de facto, financial [...] introduction of the euro is disadvantageous for this Member State. cepStudy 10 Years of Redistribution between the EU Member States 7 cep | Centrum für Europäische Politik Kaiser-Joseph-Strasse 266 | 79098
Dateityp: application/pdf