European Banking Authority (EBA) outlines the methodology for the 2025 EU-wide stress test, detailing credit, market, and counterparty credit risks, macroeconomic scenarios, capital definitions, and regulatory hurdles for participating banks.
EBA guidance on 2025 EU-wide stress test templates – detailing data requirements, formats, and reporting standards for credit risk, market risk, net interest income, operational risks, and capital projections under supervisory scenarios.
EBA statement clarifying MiCAR compliance requirements for issuers and offerors of asset-referenced tokens (ARTs) and e-money tokens (EMTs) from 30 June 2024, outlining transitional rules, consumer safeguards, and supervisory expectations for stakeholders and authorities.
EBA outlines 2024-2025 supervisory priorities for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) under MiCAR, focusing on internal governance, financial resilience, technology risk, and financial crime management to ensure holder protection and financial stability.
The European Banking Authority (EBA) today published a statement for the attention of persons issuing to the public, offering to the public, or seeking admission to trading of asset-referenced tokens (ARTs) and e-money tokens (EMTs) and for consumers. The EBA also sets out key topics for supervisory attention across the European Union for issuers of ARTs/EMTs in 2024/2025. Both documents are intended to promote the timely and consistent application of MiCAR.
The European Banking Authority (EBA) has today published for informal consultation its draft methodology, templates, and guidance for the 2025 EU-wide stress test. This step marks the beginning of the dialogue with the banking industry and builds upon the methodology used in the 2023 exercise, with improvements reflecting new insights and regulatory changes. Some important changes are introduced, notably the integration of the upcoming Capital Requirements Regulation (CRR3), set to be implemented on January 1, 2025. It also considers the Commission’s announcement[1] to postpone the application date of the fundamental review of the trading book (FRTB). Other enhancements include the centralisation of net interest income (NII) projections and advancements in the market risk methodology to increase risk sensitivity. 68 banks from the EU and Norway, including 54 from the euro area, will participate in the exercise[2], thus covering 75% of the EU banking sector. The expanded geographical reach and incorporation of proportionality features aim to boost efficiency while ensuring the relevance and transparency of the results.
The European Banking Authority (EBA) today published its final Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.
EBA public hearing on 4 July 2024 discussing draft Regulatory Technical Standards (RTS) for operational risk losses under CRR, including risk taxonomy, loss event classification, unduly burdensome conditions, and adjustments for merged entities.
EBA guidelines outlining information requirements for payment service providers and crypto-asset service providers under Regulation (EU) 2023/1113 (Travel Rule) to detect and manage incomplete transfers of funds and crypto-assets, enhancing anti-money laundering and counter-terrorism financing measures, effective December 2024.
The registration for the 11th Joint Consumer Protection Day organised by the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) on 3 October 2024 in Budapest, Hungary is now open. Interested stakeholders can register until 2 September 2024.
EBA Executive Director François-Louis Michaud’s June 2024 public meeting register – details engagements with PayPal on market trends and fintech developments, and participation in a Paris 1 Sorbonne University colloquium on 50 years of banking and financial law.
EBA Chairperson Jose Manuel Campa’s June 2024 meeting register – details stakeholder engagements on Basel III implementation, EU bank capital standards, regulatory developments, AI in finance, and risk mitigation for infrastructure investments.
European Banking Authority and European Central Bank call for experts in bank regulatory reporting, data modelling, and supervisory standards to join the Reporting Contact Group (RCG) by 01.08.2024, ensuring EU-wide stakeholder representation and collaboration.
European Banking Authority (EBA) data protection notice for the Reporting Contact Group (RCG) call for expression of interest – outlines personal data processing, purposes, applicant rights, and compliance with EUDPR under the Joint Bank Reporting Committee (JBRC) framework.
European Banking Authority's July 2024 Risk Assessment Report analyzes EU/EEA banks' risks, including commercial real estate exposures, non-bank financial intermediaries, asset quality, loan growth, and macroeconomic uncertainties under elevated geopolitical and interest rate conditions.
The Joint Bank Reporting Committee (JBRC), jointly set up by the European Banking Authority (EBA) and the European Central Bank (ECB), launched today a public call for expression of interest to set up the Reporting Contact Group (RCG). The RCG will bring together stakeholders with expertise on banks’ regulatory reporting with the aim to serve as a regular channel for cooperation and exchange of views and best practices with authorities. The call for expression of interest is open to candidates representing stakeholders across the European Economic Area (EEA). The deadline for application is 01 August 2024, 23:59 CET.
The European Banking Authority (EBA) today published the spring edition of its risk assessment report (RAR). The report covers the EBA’s common risk assessment as well as the analysis of banks’ asset encumbrance and funding plan data, which had previously been published in two separate reports. It also includes specific chapters dedicated to EU/EEA banks’ Commercial Real Estate (CRE) exposures and EU/EEA banks’ interconnections with non-bank financial intermediaries (NBFIs).