European Supervisory Authorities (EBA, EIOPA, ESMA) report to the European Commission on digital finance risks and regulatory gaps – covering fragmented value chains, platforms, and mixed-activity groups, with 12 recommendations to strengthen EU supervisory and consumer protection frameworks for digital financial services.
Joint ESAs response to EC Call for Advice on digital finance
Joint ESAs advice to the European Commission on digital finance - factsheet
The three European Supervisory Authorities (EBA, EIOPA and ESMA) published today a joint report in response to the European Commission’s February 2021 Call for Advice on Digital Finance. The proposals that were put forward aim at maintaining a high level of consumer protection and addressing risks arising from the transformation of value chains, platformisation and the emergence of new ‘mixed-activity groups’ i.e. groups combining financial and non-financial activities.
EU specific Basel III monitoring template (v4.4)
EU specific Basel III monitoring instructions (v4.4)
EBA Chairperson Jose Manuel Campa’s January 2022 public meeting register detailing stakeholder engagements on corporate reporting enforcement, digital financial services regulation, and banking industry trends with entities like Mazars and Autonomous Research.
The European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA, held their first joint high-level conference on financial education and literacy on 1 and 2 February 2022. The conference gathered high-level government representatives as well as experts from public authorities, academia, NGOs, consumer associations and the industry to raise awareness of this important topic. It also offered a forum to share ideas and best practices and to gather input from all the stakeholders on how to tackle future challenges.
Agenda of the public hearing on PRIIPs regulation
Final draft RTS on emerging markets and advanced economies for equity risk
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the list of countries with an advanced economy for calculating the equity risk under the alternative standardised approach (FRTB-SA). These RTS are part of the phase 3 deliverables of the EBA roadmap for the new market and counterparty credit risk approaches.
Minutes
EBA’s 2019 Anti-Fraud Strategy outlines measures to prevent, detect, and respond to fraud, money laundering, and conflicts of interest, ensuring protection of EU financial interests and reputation while aligning with the Commission’s Anti-Fraud Strategy (CAFS).
The European Banking Authority (EBA) has selected Marilin Pikaro to become the Director of its Innovation, Conduct and Consumers Department. Ms Pikaro, an Estonian national, comes with a wealth of experience in both the public and private sector. She will take up her new role on 1 March 2022, and will be responsible for the EBA’s thematic and policy work on digital finance and information and communication technology (ICT) and security risks, consumer protection, and Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT). This appointment is part of the EBA’s changes to its internal organisation, which entered into force as of 1 June 2021, with the aim of fostering synergies, increasing focus, and developing staff.
The European Banking Authority (EBA) launched today its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central to coordinating efforts by competent authorities and the EBA to prevent and counter money laundering and terrorist financing (ML/TF) risks in the Union.