European Supervisory Authorities (ESAs) and European Commission consolidated Q&A on the Sustainable Finance Disclosure Regulation (SFDR) and Delegated Regulation (EU) 2022/1288, clarifying scope, sustainable investment definitions, PAI disclosures, financial product requirements, and Taxonomy-aligned investment rules.
EBA and ESMA consolidated Q&A on PRIIPs Key Information Document (KID) requirements – clarifying rules on risk indicators, performance scenarios, costs, derivatives, and multi-option products under EU PRIIPs Regulation.
Agenda
Report on holdings of eligible liabilities
The European Banking Authority (EBA) published today a Report on the holdings by EU banks of minimum requirement for own funds and eligible liabilities (MREL) instruments issued by the most systemic European banks. As of 31 December 2021, these holdings appear small and potential direct contagion risks are, therefore, limited.
Corrigendum to Revised guidelines on methods for calculating contributions to DGS
European Banking Authority (EBA) vacancy notice for a Data Engineer (AD 6) in Paris, focusing on designing and maintaining data architectures, pipelines, and systems to support EBA’s analytical and dissemination products under IT and security standards.
European Banking Authority (EBA) eligibility criteria grid for Temporary Agent (AD 6) roles – outlines nationality, education, professional experience, language, and integrity requirements for applicants under EU staff regulations.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published an interactive factsheet to help consumers understand how the recent increases in inflation and interest rates can affect their money. This includes the financial products and services that consumers currently hold or plan to buy, such as loans, savings, financial investments, insurance and pensions.
The European Banking Authority (EBA) today published its draft Regulatory Technical Standards (RTS) on the scope and methods of consolidation of an investment firm group under the Investment Firms Regulation (IFR). These RTS detail the scope and methods for the prudential consolidation, as well as the methodology for the consolidation of capital requirements and the rules applicable for minority interest and additional Tier 1 and Tier 2 instruments issued by subsidiaries in the context of prudential consolidation. The aim of these RTS is to ensure prudential consolidation is carried out in a harmonised and consistent way. These RTS are the last regulatory products of the EBA Roadmap on investment firms, released in June 2020.
Minutes
Regulatory Technical Standards on the scope and methods of consolidation of an investment firm group
Keynote speech
Minutes
BSG own initiative paper on DORA
The European Banking Authority (EBA) today published its annual Report on convergence of supervisory practices for 2022. The common supervisory impetus across the EU met its goal for most of the supervisory priorities set in the EBA European Supervisory Examination Programme for 2022 (ESEP), although competent authorities are still in the process of building up their capacity to review the risks associated with the digital transformation and environmental, social and corporate governance (ESG). Competent authorities also showed ability to react to macro events that affected the financial situation of institutions under their supervision, though timely information exchange and cooperation should be enhanced. Lastly, supervisors consciously applied proportionality in their supervisory practices.