Press releases

The European Banking Authority (EBA) published the results of the 2014 EU-wide stress test. As a fundamental step in the on-going repair process of the EU banking sector, the EU-wide stress test allows assessing the resilience of banks to adverse economic developments, as well as understanding any remaining vulnerabilities. By disclosing up to 12,000 data points per bank, the EBA is providing unprecedented transparency into EU banks’ balance sheets, an essential condition to maintain strong market discipline and increase investors’ confidence in the EU banking sector.

The European Banking Authority (EBA) published today the results of the 2014 EU-wide stress test of 123 banks. The aim of the stress test is to assess the resilience of EU banks to adverse economic developments, so as to understand remaining vulnerabilities, complete the repair of the EU banking sector and increase confidence. On average, EU banks’ common equity ratio (CET1) drops by 260 basis points, from 11.1% at the start of the exercise, after the asset quality reviews’ (AQRs) adjustment, to 8.5% after the stress. By disclosing these results, the EBA is providing unparalleled transparency into EU banks’ balance sheets, with up to 12,000 data points per bank, an essential step towards enhancing market discipline in the EU.

Piers Haben, Director of the EBA Oversight, explains in a short video all that’s needed to know on the 2014 EU-wide stress test.<br /><br />Take a look at this dedicated multimedia section on the stress test:<br /><br />https://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stress-testing/2014/visual-material-and-infographics#video

The Joint Committee publishes the 2014 List of Identified Financial Conglomerates. The latest version of the list shows 71 financial conglomerates with the head of group in an EU/EEA country, one with the head of group in Australia, two with the head of the group in Switzerland, and two with the head of group in the United States.

What is a stress test? Why do we need an EU-wide stress test? What is the role of the EBA in the exercise? The new EBA infographics will help you find out more about the EU-wide stress test, including how to read key figures and findings, ahead of the release of the 2014 results. Visit this dedicated section aslo to learn more about what will be disclosed and how on Sunday 26 October. You can now follow the latest news from the EBA on Twitter, look up @EBA_News on Twitter or click on https://twitter.com/EBA_News

The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. National authorities throughout the EU are informed that data submitted in accordance with these ITS should not be validated against the set of deactivated rules.

SecuRe Pay forum to provide input for the development of EBA regulatory and supervisory requirements, as well as European Central Bank oversight standards for retail payments. EBA meanwhile publishes consultation paper on the security of internet payments, also based on the SecuRe Pay recommendations.

The European Banking Authority (EBA) published today the findings of its investigation regarding discretionary remuneration practices across the EU banking sector. The report shows that some institutions have classified the so-called ‘role-based’ allowances in a way that increases the fixed component of remuneration, which may impact on the limitation of the bonus cap. As a result of this analysis, the EBA issued an Opinion to the European Commission and EU competent authorities calling for supervisors to ensure that institutions’ remuneration practices on allowances comply with EU legislation.

The EBA launched today a public consultation on its discussion paper on simple, standard and transparent securitisations. The work is the initial response of the Authority to the European Commission's call for advice on identifying a prudentially sound securitisation market and its regulatory treatment, aimed at widening long-term funding opportunities for the European economy. The consultation runs until 14 January 2015.

The European Banking Authority (EBA) published today its work programme for 2015, describing its main objectives and deliverables in the forthcoming year. In 2015, the EBA will progress with its activities aimed at building a single regulatory and supervisory framework for the entire banking sector in the 28 EU Member States, while ensuring that risk assessment in the EU banking sector remains a key priority. The Authority will also carry on with its work for consumers in the banking sector, enhancing their protection from detriment and their fair and equal treatment across the entire EU.

The European Banking Authority (EBA) will publish the 2014 EU-wide stress test results on Sunday 26 October 2014 at 12:00 Central European Time (11 GMT time). The stress test, which assesses the resilience of EU banks to a hypothetical adverse macroeconomic scenario, uses a common methodology developed by the EBA, and applies it consistently across all participating banks.

The European Banking Authority (EBA) will publish the 2014 EU-wide stress test results on Sunday 26 October 2014. The stress test, which assesses the resilience of EU banks to a hypothetical adverse macroeconomic scenario, uses a common methodology developed by the EBA, and applies it consistently across all participating banks. With up to 12,000 data points per bank disclosed, it will provide an unmatched level of transparency into the EU banking sector. Simultaneously, the ECB will be publishing the results of its Comprehensive Assessment (CA).

The European Banking Authority (EBA), notes the Commission’s adoption of the delegated act on the liquidity coverage requirement (LCR) and leverage ratio (LR), for which the EBA had provided its technical advice. In this respect, the EBA will remain vigilant on the implementation and further impact of these provisions in particular on the business and the risk profile of institutions.

The Joint Committee of the European Supervisory Authorities (EBA, ESMA and EIOPA) published today its Work Programme for the upcoming year. Throughout 2015, the Joint Committee will continue to give high priority to Consumer Protection and Cross-Sectoral Risk Analysis.

The report presents the first results of the review done by the European Banking Authority (EBA) on the issuances of Additional Tier 1 (AT1) capital instruments. The Capital Requirements Regulation (CRR) tasks the EBA with monitoring the quality of own funds instruments issued by institutions across the European Union (EU). This review is preliminary and the EBA expects to gather further insight on the basis of future issuances.