Pedro Cadarso

Leading public affairs on prudencial, resolución and supervisory Issues for the Spanish Banking Association. Bank supervisor (on leave). Personal opinions

[Pedro Cadarso @PedroCaeb]

En el Marco europeo de competencias financieras, nuestro sector bancario ha reforzado su compromiso con la educación financiera y digital con el lanzamiento de la plataforma #AulaFinancieraYDigital, impulsada por @Aebanca, @sectorceca y UNACC. https://t.co/Xr8q1BdrbR

[Pedro Cadarso @PedroCaeb]

The Financial Stability Institute considers Pillar1 is not the right way to regulate climate change risks...they also considers green supporting factor could be counterproductive and ineffective...

[Pedro Cadarso @PedroCaeb]

@pedroarrivilla Lo siento mucho Pedro. Un abrazo

[Pedro Cadarso @PedroCaeb]

Ready, steady, go!!! green ST is launched today! @ecb https://t.co/3ZZRHaIBge

[Pedro Cadarso @PedroCaeb]

@arsenelupin2008 I thought the EC had decided to postpond it until 2024 (next legislature), bacause the lack of consensus; furthermore, too many things on the table (Basel III, macroprudential framework, EDIS, resolution framework)...

[Pedro Cadarso @PedroCaeb]

Si no es una inocentada, curiosa la historia....🧐
Atrapa a Ray si puedes: el falso asesor español de Biden y 'premio' Nobel que debe 600.000€ https://t.co/wDacR6cvTi

[Pedro Cadarso @PedroCaeb]

"The European Central Bank (ECB) sees no need to extend beyond December 2021 the liquidity relief measure that allowed banks to operate with a liquidity coverage ratio below 100%." https://t.co/o8BqVWxSdZ

[Pedro Cadarso @PedroCaeb]

@arsenelupin2008 @achilleas999 +124 crr

[Pedro Cadarso @PedroCaeb]

@antoncarrascosa Interesting and frustaiting! Without a real EDiS (as proposed by the EC in 2015) there is no a BU and the EU cannot be considered as a single jurisdiction..I suppose that the BCBS will take it into account when reviewing the GSIB methodology!

[Pedro Cadarso @PedroCaeb]

@cetier1 Just one weekend? Optimistic! 🙃

[Pedro Cadarso @PedroCaeb]

How should we call the proposed implementation of the output floor in EU? “Perpendicular stack approach”? 🧐

[Pedro Cadarso @PedroCaeb]

@Ecorcos @arsenelupin2008 Thank you! the marathon begins tomorrow!

[Pedro Cadarso @PedroCaeb]

Interesting...initiative 50 -> Reviewing SRMR in order to establish an EDIS..but what about the review of the EU resolution framework?
Also interesnting -> there aren´t initiatives as regards of NPL (except nº 48 devoted to the credit servicers directive)
https://t.co/PDzQnNGDtg

[Pedro Cadarso @PedroCaeb]

Great location to see the military parade preparatory works to celebrate the 🇪🇸 day. I hope our new neighbours from @IEuniversity don’t panic when feeling the F14 over their heads…

[Pedro Cadarso @PedroCaeb]

My personal bet: output floor at conso level, ILM=1, pref.treatment for unrated corporates with a phase out, No changes in CVA exemptions and SME supp. Factor, pref. Treatment for intragroup equity holding…what yours?

[Pedro Cadarso @PedroCaeb]

The shortfall is “only” of EUR 42,2Bn…the last sentence sounds like a threat…

[Pedro Cadarso @PedroCaeb]

Pages 97 to 101… I would say that BCBS is really considering the possibility to definitIvely exlude reserves in central banks from the LR exposure…Basel III Monitoring Report https://t.co/wHrUwwTSur vía @bis_org

[Pedro Cadarso @PedroCaeb]

During the last year, the capacity to generate capital internally in🇪🇺 and in 🇺🇸 was similar… it would be great news if we don’t analyse pay out ratios (c. 50% in 🇺🇸 vs. c. 10% in 🇪🇺)😢

[Pedro Cadarso @PedroCaeb]

It seems that there won’t be more delays for Basel lll…in less than one month we will see how the output floor, ILM and their friends look like in EU… 🇪🇺 the first in putting the cards on the table

[Pedro Cadarso @PedroCaeb]

The planes are in the sky again…It seems that we have left COVID behind (at least in countries who can afford vaccines)