European Banking Authority |

EBA pushes for early action on sustainable finance

The EBA’s workplan on sustainable finance will focus first on key metrics and disclosure to support banks’ green strategies and then look into evidence for any adjustments to risk weights.
The EBA encourages institutions to act proactively in incorporating environmental, social and governance (ESG) considerations into risk management and strategies including setting a...

06/12/2019

EBA updates the estimates of the impact of the implementation of Basel III and provides an assessment of its effect on the EU economy

The European Banking Authority (EBA) published today the second part of its advice on the implementation of Basel III in the EU, which complements the Report published on 5 August 2019. Today’s publication includes an assessment of the impact of the revisions to the credit valuation adjustment (CVA) and market risk frameworks, and the corresponding policy recommendations. It also...

04/12/2019

EBA confirms progress in banks’ balance-sheet repair but points to a bleak outlook for their profitability

The European Banking Authority (EBA) published today its annual Report on risks and vulnerabilities in the EU banking sector. The Report is accompanied by the publication of the 2019 EU-wide transparency exercise, which provides detailed information, in a comparable and accessible format, for 131 banks across the EU. Overall, EU banks’ solvency ratios remained stable, while the NPL...

29/11/2019

EBA publishes guidelines on ICT and security risk management

The European Banking Authority (EBA) published today its final Guidelines on ICT and security risk management. These Guidelines establish requirements for credit institutions, investment firms and payment service providers (PSPs) on the mitigation and management of their information and communication technology (ICT) and security risks and aim to ensure a consistent and robust approach...

28/11/2019