What is the EBA mean?
enterprise bargaining agreement
Your enterprise bargaining agreement (EBA) is one of the most important documents of your working life. It is an agreement, between the employer and employees, outlining your wages, working conditions, career structure, allowances and entitlements.
What is the unwind mechanism LCR?
The unwind mechanism is embedded in the calculation of the excess liquid asset amount (ELAA), which is the amount of liquid assets that is held in excess of the limits provided in the LCR DR and that is therefore to be deducted from the current holdings of high-quality liquid assets (HQLA) when calculating the LCR …
What is LCR in court?
LCR means “lower court records”. The appellate court has summoned trial court records.
How does an EBA work?
Enterprise bargaining is a legislated process of negotiation that occurs between the employer, employees and their bargaining representatives (usually a Trade Union) with the specific goal of creating an enterprise agreement. The duration of Enterprise Agreements varies from between one to four years.
What is an EBA in business?
An EBA is a legally binding agreement governing how your business will engage, remunerate and manage its employees. It allows employers and employees to enter into wage arrangements without the need for Union involvement and establishes binding employment conditions that are tailored to suit the employer’s operations.
How repo is treated in LCR?
Repo financing of lower-quality assets is penalized. The financing of securities with more-than-30-day repos is mostly LCR neutral. However, financing a security with less-than- 30-day repos is penalized. Suppose that a Level 2B asset (with a 25% haircut or run-off rate) is funded with overnight repos.
What are secured funding transactions?
Secured funding transaction means any funding transaction that is subject to a legally binding agreement as of the calculation date and gives rise to a cash obligation of the national bank or Federal savings association to a counterparty that is secured under applicable law by a lien on assets owned by the national …
When does the EBA report on LCR come out?
EBA reports on the monitoring of the LCR implementation in the EU 12 July 2019 The European Banking Authority (EBA) published today its first Report on the monitoring of liquidity coverage ratio (LCR) implementation in the EU.
What does the EBA have to do with liquidity?
The EBA has a number of mandates on liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) stemming from the Capital Requirements Regulation (CRR) and the LCR Delegated Regulation. The EBA’s deliverables in the area of liquidity are mainly binding technical standards (BTS) and reports.
What does the European Banking Authority ( EBA ) do?
The European Banking Authority (EBA) published today its first Report on the monitoring of liquidity coverage ratio (LCR) implementation in the EU. The EBA’s monitoring of the LCR contributes to a consistent application of EU law and promotes common supervisory approaches and practices in this area.
When did the LCR become effective in the EU?
The LCR is applicable in the EU since 1 October 2015, and its full implementation at a minimum of 100% became effective in January 2018. This put an end to any national provisions in the area of liquidity requirements laid down in the capital requirements regulation (CRR).