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The European Banking Authority (EBA) published today the periodical update to its Risk Dashboard summarising the main risks and vulnerabilities in the banking sector on the basis of the evolution of a set of Risk Indicators (RI) across the EU. The dashboard is based on a larger sample of banks (154 institutions on a consolidated basis ) and the “Statistical Annex” provides further data on EU banks. The ratios published in the Dashboard are computed according to the “Methodological guide on risk indicators and detailed risk analysis tools”, also published today.

The EBA has received a notification from the Bank of Italia, in its capacity as the Resolution Authority, in relation to the application of resolution measures to the Banca delle Marche, Banca Popolare dell’Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti.

The European Banking Authority (EBA) will formally launch the 2016 EU-wide stress test on Wednesday 24 February 2016 at 5pm. Along with the announcement, the EBA will publish the common methodology and macroeconomic scenarios for this exercise.

The Capital Requirements Directive (CRD) requires that the consolidating supervisor and supervisors of subsidiaries involved in the supervision of an EEA cross-border banking group do everything within their power to reach a joint decision on the application of the Pillar 2 provisions related to the Internal Capital Adequacy Assessment Process (ICAAP) and to the Supervisory Review and Evaluation Process (SREP). These Guidelines provide concrete guidance on how to cooperate in the risk assessment process and on how to apply the CRD provisions regarding ICAAP, SREP and the prudential measures subject to the joint decision process. Their ultimate aim is to ensure closer convergence of supervisory practices with regard to the joint decision process, while providing some necessary flexibility for individual colleges.