EBA amends DPM and XBRL taxonomy 2.4 for remittance of supervisory reporting

The European Banking Authority (EBA) published today a corrective update (2.4.1) to the XBRL taxonomy that Competent Authorities shall use for the remittance of data under the EBA Implementing Technical Standards (ITS) on supervisory reporting. The revised taxonomy will be used for the first reports under the revised Liquidity Coverage Ratio (LCR) and Leverage Ratio (LR) requirements resulting from Delegated Acts of the European Commission.

EBA publishes results of the CRDIV-CRR/Basel III monitoring exercise as of 30 June 2015

The European Banking Authority (EBA) published today its ninth report of the CRDIV-CRR/Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at a global level, allows the gathering of aggregate results on capital – risk-based and non-risk-based (leverage) ratios – and liquidity ratios – the liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) – for banks in the European Union (EU). It summarises the results using data as of 30 June 2015.

EBA publishes its annual assessment of EU colleges of supervisors

The European Banking Authority (EBA) today published its annual assessment of EU colleges of supervisors, the forum within which joint decisions on capital and liquidity and recovery plans are organised for EU cross border banking groups. The report assesses how colleges have functioned during 2015 and identifies key activities for the effective oversight of EU cross border banking groups in 2016. In addition, it draws the attention of supervisors to some specific items for 2016, including non-performing loans (NPLs) and balance sheet cleaning, business model sustainability, conduct risk and IT risk.

EBA publishes Opinion on macroprudential policy measures notified by the National Bank of Belgium

The European Banking Authority (EBA) published today an Opinion following the notification by the National Bank of Belgium (NBB) of its intention to extend a measure introduced by the NBB in 2014 to modify capital requirements in order to address an increase in macroprudential or systemic risk. Based on the evidence submitted by the NBB, the EBA does not object the deployment of the macroprudential measures to address this issue.

EBA launches 2016 EU wide stress test exercise

The European Banking Authority (EBA) released today the methodology and macroeconomic scenarios for the 2016 EU-wide stress test. The stress test is designed to provide supervisors, banks and other market participants with a common analytical framework to consistently compare and assess the resilience of EU banks to economic shocks. For this exercise, no single capital thresholds have been defined as the results will inform the 2016 round of Supervisory Review and Evaluation Processes (SREP) under which decisions are made on appropriate capital resources. The EBA expects to publish the results of the exercise in early Q3 2016.

EBA updates its Risk Dashboard for EU banking sector

The European Banking Authority (EBA) published today the periodical update to its Risk Dashboard summarising the main risks and vulnerabilities in the banking sector on the basis of the evolution of a set of Risk Indicators (RI) across the EU. The dashboard is based on a larger sample of banks (154 institutions on a consolidated basis ) and the “Statistical Annex” provides further data on EU banks. The ratios published in the Dashboard are computed according to the “Methodological guide on risk indicators and detailed risk analysis tools”, also published today.

EBA to launch the 2016 EU wide stress test on 24 February 2016

The European Banking Authority (EBA) will formally launch the 2016 EU-wide stress test on Wednesday 24 February 2016 at 5pm. Along with the announcement, the EBA will publish the common methodology and macroeconomic scenarios for this exercise.

EBA consults on assessment methodology on the use of internal models for market risk

The European Banking Authority (EBA) launched today a consultation on its draft Regulatory Technical Standards (RTS) that specify the conditions under which competent authorities assess the significance of positions included in the scope of market risk internal models, as well as the methodology that competent authorities shall apply to assess an institution’s compliance with the requirements to use an Internal Model Approach (IMA) for market risk. These draft RTS are a key component of the EBA's work to ensure consistency in models outputs and comparability of risk-weighted exposures and will contribute to harmonise the supervisory assessment methodology across all EU Member States. The consultation runs until 13 March 2016.

EBA publishes Guidelines on cooperation agreements between deposit guarantee schemes

The European Banking Authority (EBA) published today its final Guidelines on cooperation agreements between deposit guarantee schemes (DGSs). These Guidelines include a multilateral cooperation framework agreement and minimum prescriptions to promote the rapid and consistent conclusion of cooperation agreements between DGSs, as provided under the new Deposit Guarantee Schemes Directive (DGSD).

EBA publishes final draft ITS on the mapping of ECAIs credit assessments for securitisation positions

The European Banking Authority (EBA) published today final draft Implementing Technical Standards (ITS) on the mapping of External Credit Assessment Institutions’ (ECAIs) credit assessments for securitisation positions. These ITS will be part of the Single Rulebook in banking aimed at enhancing regulatory harmonisation across the European Union (EU) and will allow the credit ratings on securitisations assigned by registered credit rating agencies to be used for the purposes of calculating institutions’ capital requirements.

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