Publications

EBA 2021 Policy Research Workshop discussion by Cyril Pouvelle (ACPR) analysing the impact of bank branch closures on interbank competition, credit markets, and borrower relationships using empirical models and policy implications.

Analysis by ECB and EBA experts on euro area bank profitability using stress test data, assessing portfolio risks, unprofitability drivers under adverse scenarios, and financial stability impacts during the pandemic.

EBA Policy Research Workshop 2021 discussion on euro area bank profitability using EBA stress test data (2016–2021), analysing risk-adjusted returns across key portfolios and the impact of macroeconomic conditions on banking activities.

EBA Policy Research Workshop study analysing whether climate risks are reflected in US stock prices, using news-based proxies to assess market sensitivity and firm exposure to climate-related financial risks.

European Central Bank discussion on climate risk pricing in U.S. stocks, analysing whether physical and transition risks are reflected in stock prices using textual analysis and CAPM/APT regressions, presented at the EBA Policy Research Workshop 2021.

Study analysing how pollution permits under cap-and-trade systems impact financing costs for energy-intensive firms, with focus on loan spreads and bank lending practices by UniCredit, BNP Paribas, Barclays, and Société Générale.

European Commission corrigendum amending its July 2021 decision on responses to questions from European Supervisory Authorities regarding the application of the Sustainable Finance Disclosure Regulation (SFDR) to non-EU and subthreshold AIFMs under AIFMD.

European Commission corrigendum correcting mismatched Q&As under Article 16b(5) of the ESAs' founding regulations, addressing errors in answers related to Regulation (EU) 2019/2088 on sustainability disclosures.

European Banking Authority (EBA) privacy notice outlining how personal data is processed for access-to-documents requests under EUDPR and Regulation (EC) No 1049/2001, including data handling, retention, rights, and contact details.

Study by Banco de Portugal assessing the effectiveness of macroprudential capital buffer releases (CCyB, SyRB, O-SII) during the Covid-19 pandemic in mitigating credit procyclicality for households and small businesses across European countries.

Oesterreichische Nationalbank study presenting a structural corporate insolvency model to forecast sectoral insolvency rates in Austria, assessing COVID-19 pandemic impacts and the effectiveness of government mitigating measures like grants, credit guarantees, and payment deferrals.

EBA-related study analysing whether physical or transition climate risks are reflected in U.S. stock prices, using textual analysis of climate news (2000-2018) to identify risk factors linked to natural disasters, global warming, and climate policy, with findings on investor hedging of transition risks.

Study analysing how the EU Emission Trading System (phase III) affects loan spreads for polluting firms, finding a 25% decrease in financing costs post-2013 due to low permit prices and firms' permit storage strategies, undermining CO2 reduction goals.

EBA-backed meta-analysis quantifying the 8.67% 'green premium' for energy-efficient residential properties in Europe, assessing climate-related risks in mortgage portfolios and the impact of Energy Performance Certificates (EPC) on property valuation under prudential frameworks.

European Commission letter informing the European Parliament and Council about delays in adopting regulatory technical standards under the Sustainable Finance Disclosure Regulation (SFDR), deferring application to 1 January 2023 and adjusting disclosure deadlines for principal adverse impacts on sustainability.