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The European Banking Authority (EBA) published today the key metrics used to identify global systemically important institutions (G-SIIs) in the EU, with information on size, interconnectedness, substitutability, complexity and cross-jurisdictional activity. The EBA’s regulatory package on G-SIIs identification and data disclosure are in line with the internationally agreed framework developed by the Financial Stability Board (FSB) and by the Basel Committee on Banking Supervision (BCBS). To promote a level playing field in the EU regarding the disclosure requirements and to increase transparency, the EBA goes beyond the minimum standards required by the BCBS, both in terms of granularity of the disclosed information and applicable scope of institutions. Therefore, some of the group-specific values published today include institutions that did not contribute directly to the BCBS's G-SIB exercise. This year’s disclosure exercise covers 37 EU institutions whose leverage ratio exposure measure exceeded 200 billion Euro in 2014.

The European Banking Authority (EBA) issued today amendments to the adopted Regulatory Technical Standards (RTS) on the criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These RTS were published by the European Commission as Delegated Act on 6 June 2014.

The European Banking Authority (EBA), following requests from stakeholders, published today an update on the application date of its final draft Implementing Technical Standards (ITS) on additional liquidity monitoring metrics.

The European Banking Authority (EBA) published today its peer review report on the assessment of the suitability of members of the management body and key function holders. The report shows that National Competent Authorities (NCAs) largely comply with the EBA guidelines. The EBA analysis identified best practices carried out by some NCAs, but also highlighted significant differences remaining between NCAs’ supervisory approaches. The EBA concluded that the existing EBA guidelines have not led to sufficient convergence in supervisory practices, and proposed the incorporation in its forthcoming review of the guidelines of a number of specific best practices observed. The EBA also intends to send an opinion to the European Commission suggesting a change in the underlying Capital Requirements Directive (CRD) framework.

The European Banking Authority (EBA) published today a report on macroprudential policy measures across the EU. The objective of this report is to take stock of the range of practices applied by EU Member States in relation to the provisions for macroprudential policies set out in the Capital Requirements Regulation and Directive (CRR/CRD IV), focusing on the interaction of macroprudential and microprudential objectives and tools. The report will contribute to the ongoing discussions regarding the implementation of macroprudential measures and will provide additional input for the regulatory work carried out by the European Commission, the EBA and the European Systemic Risk Board (ESRB) regarding macroprudential tools.

The European Banking Authority (EBA) issued today amendments to the adopted Regulatory Technical Standards (RTS) on the treatment of non-delta risk of options in the standardised market risk approach and to the RTS on the criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These two RTS were published by the European Commission as Delegated Acts on 20 May 2014 and 6 June 2014, respectively.

The European Banking Authority (EBA) published today its final Guidelines on product oversight and governance (POG) arrangements for retail banking products. These Guidelines set out requirements for manufacturers and distributors when designing and bringing to market mortgages, personal loans, deposits, payment accounts, payment services and electronic money. The Guidelines are the EBA’s response to increasing risks arising from the mis-conduct of financial institutions in their interaction with consumers and are part of the EBA’s work to enhance consumer protection across the EU. The Guidelines will apply from 03 January 2017.