EBA Chair Andrea Enria’s 2017 keynote speech at Danmarks Nationalbank assesses post-crisis reforms in European banking, focusing on capital strengthening, asset quality, non-performing loans, and balance sheet resilience to support economic growth.
The European Banking Authority (EBA) launched today a Discussion Paper on the application of the structural FX provision. The paper outlines the rationale behind the treatment of structural positions as well as broader issues related to the structural FX concept, such as the actual nature of FX risk, considering both the accounting and regulatory perspectives. It also examines in greater detail the potential inconsistencies in the articulation of the FX requirements, both in the current Capital Requirements Regulation (CRR) as well as in the CRR2 proposal for institutions applying the standardised and internal model approaches. The consultation runs until 22 September 2017.
Report on 2015 CVA risk monitoring exercise
Joint ESAs’ Stakeholder Groups letter sent to EC in response to the EC’s review of the ESAs
EBA Chair Andrea Enria’s 2017 lecture at Utrecht University examines FinTech’s regulatory challenges, including risks to financial stability, unlevel playing fields, and EU market fragmentation, with case studies on virtual currencies, robo-advice, and PSD2 payment services.
Amending RTS to RTS on proxy spread (EBA-RTS-2017-07)
EBA instructions for the 2016 CVA risk monitoring exercise outlining reporting requirements, scope, and templates for EU banks to assess credit valuation adjustment risks under CRR, supporting supervisory review and international Basel standards alignment.
EBA guidelines establishing a harmonised framework for credit institutions to disclose liquidity coverage ratio (LCR) information under Article 435 of Regulation (EU) No 575/2013, complementing liquidity risk management disclosures as per Delegated Regulation (EU) 2015/61.
The European Banking Authority (EBA) announced today it has put on hold its draft Guidelines on the treatment of CVA risk under SREP until further notice, due to continued developments in the CVA risk framework at international level. However, monitoring work continues with the EBAs 2016 credit valuation adjustment (CVA) risk monitoring exercise, which was launched today. The exercise fits into the EBA mandate to monitor the own funds requirements for CVA risk and follows on from policy recommendation No 4 of the CVA Report. The EBA expects institutions to complete the exercise by 14 September 2017.
The European Banking Authority (EBA) published today its draft amending Regulatory Technical Standards (RTS) on credit valuation adjustment (CVA) proxy spread. These RTS propose limited amendments to the Commission Delegated Regulation (EU) No 526/2014 for determining proxy spread and limited smaller portfolios for credit valuation adjustment risk, based on two policy recommendations contained in the EBA’s CVA report, published on 25 February 2015. Through the proposed amendments the EBA expects to ensure a more adequate calculation of own funds requirements for CVA risk.
EBA statement to the European Parliament’s ECON Committee on its Opinion regarding Regulatory Technical Standards (RTS) under the Interchange Fee Regulation (IFR), addressing disagreements with EU Commission amendments on scheme separation, staff sharing, and remuneration rules to balance competition and proportionality in card payments.
European Banking Authority (EBA) vacancy for a Seconded National Expert in retail payments to support PSD2 implementation, consumer protection, and financial innovation monitoring under EU regulatory frameworks.