European Commission requests EBA technical advice on a delegated act under EMIR 3.0 to define fee determination methods and payment modalities for financial and non-financial counterparties using validated pro-forma models for OTC derivatives, ensuring proportionality and regulatory consistency.
The European Banking Authority (EBA) today launched a public consultation on its draft Implementing Technical Standards (ITS) for uniform reporting templates in relation to the level of charges for credit transfers and share of rejected transactions under SEPA Regulation. These templates aim to standardise reporting from Payment Service Providers (PSPs) to their National Competent Authorities (NCAs). With such standardisation, the European Commission will be able to monitor the effects of changes to Single Euro Payments Area (SEPA) Regulation on the fees paid by customers of PSPs for payment accounts, as well as instant and non-instant credit transfers. The consultation runs until 31 October 2024.
EBA consults on draft Implementing Technical Standards (ITS) to update resolution planning reporting requirements under Directive 2014/59/EU, replacing Regulation (EU) 2018/1624, covering framework changes, implementation timelines, and compliance costs by 30 October 2024.
EBA Annex II provides detailed instructions for reporting supervisory data under the EBA framework, covering templates on legal entities, ownership, liability structure, own funds requirements, critical functions, services mapping, and financial market infrastructures for banks and investment firms.
The European Banking Authority (EBA) today launched a public consultation on its draft ITS overhauling the EBA resolution planning reporting framework. The consultation runs until 30 October 2024.
EBA public meeting register for 1-15 July 2024 listing engagements of Executive Director François-Louis Michaud – discloses no meetings with stakeholders or entities during this period.
EBA, EIOPA, and ESMA FAQ on the 2024 DORA Dry Run exercise clarifies practical aspects of reporting ICT third-party provider registers, including template completion, file submission, and data quality feedback, while excluding legal interpretation of DORA or ITS provisions.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their joint Final report on the draft Regulatory Technical Standards (RTS) specifying how to determine and assess the conditions for subcontracting information and communication technology (ICT) services that support critical or important functions under the Digital Operational Resilience Act (DORA). These RTS aim at enhancing the digital operational resilience of the EU financial sector by strengthening the financial entities’ ICT risk management over the use of subcontracting.
EBA, EIOPA, and ESMA final report on DORA regulatory technical standards outlining requirements for financial entities to assess and manage risks when subcontracting ICT services supporting critical or important functions, including due diligence, monitoring, and contractual conditions under Article 30(5) of Regulation (EU) 2022/2554.
EBA, EIOPA, and ESMA provide consolidated Q&A clarifying the application of the Sustainable Finance Disclosure Regulation (SFDR) and its Delegated Regulation, covering sustainable investment definitions, PAI disclosures, taxonomy alignment, financial product disclosures, and multi-option products.
EBA updates Joint Committee guidelines on complaints handling for banking and securities sectors, incorporating changes under the Credit Servicers Directive and Mortgage Credit Directive to enhance consumer protection and supervisory consistency.
The European Banking Authority (EBA) published today final Guidelines that extend the existing Joint Committee Guidelines on complaints handling (JC Guidelines) to credit servicers under the new Credit Servicers Directive. When handling complaints from borrowers, credit services are required to apply the same effective and transparent procedures that have been applied for more than a decade to other firms in the banking, insurances and securities sectors.