The European Banking Authority (EBA) publishes today its 2012 Annual Report which provides an overview of the major achievements and activities performed by the Authority in its second year of existence. A separate publication summarising the key features of the 2012 Annual Report is also published and it will soon be available in all EU languages.
Against the rather challenging and difficult market conditions for European banks, much progress has been made and the EBA has played an important role in contributing to a more stable banking and financial sector in the European Union.
Among the key challenges and achievements highlighted in the 2012 Annual Report are:
Performance of a capital exercise which led banks to significantly improve their capital positions by more than EUR 200 billion.
Work towards the realisation of the Single Rulebook in banking, i.e. the design of a more uniform regulatory framework based on technical standards directly applicable throughout the EU. In this respect, the EBA conducted public consultations on 23 draft technical standards mainly focusing on the key area of capital.
Progress in the area of consumer protection, including the development of opinions on good supervisory practices for the treatment of borrowers in payment difficulties and for responsible mortgage lending.
2012 Annual Report: Flip book | PDF | epub
Summary of the 2012 Annual Report: Flip book | PDF | epub