European Supervisory Examination Programme (ESEP)
The EBA drives supervisory convergence, among others, by annually setting out key topics for supervisory attention, which are presented in EBA’s European Supervisory Examination Programme (ESEP). This informs the competent authorities’ processes for selecting supervisory priorities and influences supervisory practices on the selected topics. The selection of the ESEP key topics relies on:
- the EBA’s risk analysis work on the EU banking sector;
- the EBA’s policy work aiming to further enhance the convergence of supervisory practices, in particular in the context of the SREP; and
- the practical experiences of competent authorities that help to ensure that the most pressing items are selected for close supervisory scrutiny.