EBA and ESMA updated Q&A on PRIIPs Key Information Document (KID) requirements, covering risk assessment, performance scenarios, cost calculation, and disclosure rules for packaged retail and insurance-based investment products as of December 2021.
EBA, ESMA, and EIOPA joint Q&As clarify supervisory practices under the EU Securitisation Regulation (2017/2402), addressing disclosure requirements, STS criteria, third-party verification, and synthetic securitisation structures.
Annex 5
Annex 6
Annex 4
The European Banking Authority (EBA) published today its EBA Report on liquidity measures, which monitors and evaluates the liquidity coverage requirements currently in place in the EU. The liquidity coverage ratio (LCR) of EU banks stood at 176% in June 2021, materially above the minimum threshold of 100%. At the same time, the EBA renews its concern of EU banks’ low foreign currency LCR values and encourages banks and supervisors to work towards improving the situation.
The European Banking Authority (EBA) published today its revised Guidelines on risk-based supervision of credit and financial institutions’ compliance with anti-money laundering and countering the financing of terrorism (AML/CFT) obligations. The Guidelines set out the steps supervisors should take to ensure adequate AML/CFT oversight of their sector and support the adoption, by credit and financial institutions, of effective ML/TF risk management policies and procedures. The EBA decided to update and strengthen these Guidelines in light of the findings from its ongoing work to review competent authorities’ approaches to AML/CFT supervision. These findings suggest that some competent authorities found the implementation of the risk-based approach to AML/CFT supervision challenging.
Annex - Report on feasibility study of the integrated reporting system
List of written procedures launched between 16 September 2021 and 27 October 2021 and their voting results
Report on feasibility study of the integrated reporting system
Guidelines on cooperation and information exchange between prudential supervisors, AML/CFT supervisors and FIUs
Guidelines on the characteristics of a risk‐based approach to AML FT supervision
European Banking Authority (EBA) 2022 budget and establishment plan proposal – outlines approved EUR 50.26 million budget, 162 staff posts, revenue sources, and expenditure adjustments following EU subsidy adoption and regulatory priorities like MiCA and DORA.
European Banking Authority (EBA) staffing plan for 2022 detailing authorized posts, contract agents, and seconded national experts under the EU budget, including breakdowns by function group and grade.
European Banking Authority (EBA) 2022 budget detailing revenue sources – including contributions from EU national authorities, EU funding, and fees – and expenditure breakdowns such as staff costs, allowances, and operational expenses under Regulation (EU) No 1093/2010.
Factsheet - EBA's view of a feasible integrated reporting system
The European Banking Authority (EBA) published today its final Guidelines setting out how prudential supervisors, anti-money laundering and countering the financing of terrorism (AML/CFT) supervisors and financial intelligence units (FIUs) should cooperate and exchange information in relation to AML/CFT, in line with provisions laid down in the Capital Requirements Directive (CRD).
The European Banking Authority (EBA) published today its final Report on the feasibility study of an integrated reporting system (IRS). This Report is the outcome of over two years of effort and active engagement of both national and European authorities, as well as interaction with financial institutions, professional associations and specialised service providers. This study is part of a broader strategy of the European Commission to improve and modernise EU supervisory reporting while minimising the aggregate reporting burden for all parties.