Nordea’s 2021 EBA disclosure report detailing Global Systemically Important Bank (G-SIB) indicators, including total exposures, intra-financial system assets and liabilities, securities outstanding, cross-jurisdictional activity, and complexity metrics under IFRS accounting standards.
Nykredit’s 2021 Global Systemically Important Institution (G-SII) disclosure report – detailing financial indicators including total exposures, interconnectedness, substitutability, complexity, and cross-jurisdictional activity under EBA guidelines for systemic risk assessment.
ABN Amro’s 2021 Global Systemically Important Institution (G-SII) disclosure report to the European Banking Authority, detailing financial indicators including size, interconnectedness, substitutability, complexity, and cross-jurisdictional activity under IFRS standards.
Background and key measures
The European Banking Authority (EBA) today published its final Guidelines on transferability to support the resolvability assessment for transfer strategies. In particular, the guidelines on transferability provide guidance relating to (i) the definition of the transfer perimeter and (ii) the steps to operationalise the implementation of the transfer. The transferability Guidelines complement the resolvability Guidelines, which were published on 13 January 2022. Institutions and resolution authorities should comply with these Guidelines in full by 1 January 2024.
Final report on Guidelines on transferability
The European Banking Authority (EBA) launched today its annual EU-wide transparency exercise, as part of its efforts to monitor risks and vulnerabilities and to reinforce market discipline. As in the past, the exercise is exclusively based on supervisory reporting data, which will keep the burden for the banks to a minimum. Results are expected to be published at the beginning of December.
The European Banking Authority (EBA) today published its final draft Regulatory Technical Standards (RTS) specifying the minimum performance-related triggers for simple, transparent and standardised (STS) on-balance-sheet securitisations that feature non-sequential amortisation. The Capital Markets Recovery Package amended the Securitisation Regulation in several aspects, including creating a specific framework for STS on-balance-sheet securitisation to ensure that the Union securitisation framework provides for an additional tool to foster economic recovery in the aftermath of the COVID-19 crisis.
Final draft RTS on performance-related triggers in STS on-balance-sheet securitisations
The Opinion follows up on the observations made by European Parliament in its 2020 discharge report and elaborates on measures taken by the European Banking Authority (EBA) in response to it. Out of the 30 observations, which cover the areas of budget and financial management, performance, staff policy, procurement, prevention and management of conflicts of interest and transparency, internal control, and COVID response and business continuity, the EBA is of the view that 26 have already been implemented or are no longer applicable. For 3 observations the implementation of follow-up actions is ongoing and for one observation the status has to be further considered.
EBA Opinion on the European Parliament 2020 discharge report
European Commission letter to the EBA urging urgent assessment of liquidity challenges in energy derivatives markets, focusing on margin calls, collateral requirements under EMIR, and potential measures to support energy companies, including collateral transformation and transparency improvements.
The European Banking Authority (EBA) today published its annual Funding Plans Report. 159 banks submitted their funding plans for a forecast period from 2022 to 2024. The Report highlights strong deposit growth and increase of public sector sources of funding in 2021. The plans show banks’ intentions to increase market-based funding over forecast period, while the gap between planned debt issuances and maturing targeted longer-term refinancing operations (TLTRO) in the coming two years remains significant.