European Banking Authority (EBA) Board of Supervisors opinion on the approval and accuracy of the EBA’s 2021 annual accounts, including financial reporting and compliance with EU regulatory standards.
The Board of Appeal of the European Supervisory Authorities, in the appeal brought by “C” against the EBA unanimously, decided on 21 July 2022 to dismiss the appeal as inadmissible in accordance with Article 60 (2) of the EBA Regulation. The Board of Appeal concluded that the appeal was directed against a decision of the EBA which was not challengeable. The Board of Appeal saw no reason to deviate this appeal from the precedent Board of Appeal cases and also from both the SV Capital OÜ rulings by the General Court and the CJEU rulings.
The European Banking Authority (EBA) published today a Report on the use of some exemptions included in the large exposures regime. The Report analyses banks’ use of the various exemptions from different perspectives and quantifies the impact of a potential removal of individual exemptions. Overall, the Report shows that some of the assessed exemptions are widely used across the EU and their removal would have a material impact while other exemptions are widely used across the EU but their removal would not have material impact. In addition, some exemptions are relevant only for some countries or appear to be rarely used.
The European Banking Authority (EBA) published today its 2023 EU-wide stress test draft methodology, templates and template guidance, which will be discussed with the industry. The methodology covers all risk areas and builds on the one prepared for the 2021 EU wide stress test. Some aspects of the methodology have been improved based on the lessons from the 2021 exercise. As a new feature, the projections on net fee and commission income (NFCI) will be based on a top-down model. This is a first step of revising the EU-wide stress test framework towards a hybrid (bottom-up and top-down) approach. Also, the sample coverage has been increased. An additional 26 banks have been added to the stress test sample compared to the 2021 exercise and further proportionality has been introduced into the methodology. The 2023 exercise will assess EU banks' resilience to an adverse economic shock and inform the 2023 Supervisory Review and Evaluation Process (SREP).
Report on remuneration benchmarking 2019 and 2020 and High Earners 2020
2023 EU-wide stress test - Draft Methodological Note (pdf)
2023 EU-wide stress test - Draft Template Guidance (pdf)
2023 EU-wide stress test - Draft Templates (xlsb)
Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) under the Investment Firms Directive
Regulatory Technical Standards on Pillar 2 add-ons for investment firms
The European Banking Authority (EBA) jointly with the European Securities and Markets Authority (ESMA), published today the final Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) for investment firms. The EBA published also the final draft Regulatory Technical Standards (RTS) on Pillar 2 add-ons for investment firms. Both regulatory products are based on the Investment Firms Directive (IFD) and aim to harmonise the supervisory practices regarding the supervisory review and evaluation process of investment firms.
The European Banking Authority (EBA) published today its Report on benchmarking of remuneration practices in EU banks for the financial years 2019 and 2020 and high earners data (EU27/EEA) for 2020. The number of high earners went down from 1 444 (EU27/EEA) or 4 963 (EU28/EEA) in 2019 to 1 383 (EU27/EEA) in 2020. While the bonus level for high earners remained relatively stable, a visible reduction can be observed for risk takers (identified staff).
Minutes
Minutes
European Banking Authority (EBA) eligibility criteria grid for Seconded National Experts – outlines requirements including EU/EFTA nationality, language proficiency, employment by ESFS members or approved entities, education, professional experience, and integrity declarations for secondment applications.
EBA vacancy notice for a Bank Sector Analyst (Seconded National Expert) in Paris, focusing on EU-wide stress testing, risk assessment, macroprudential analysis, and climate risk in the banking sector, with applications open until 31 August 2022.
EBA vacancy notice for a Seconded National Expert in ICT or cybersecurity to support development of technical standards, guidelines, and the Digital Operational Resilience Act oversight framework, with applications open until 31 August 2022.
European Banking Authority (EBA) eligibility criteria grid for Seconded National Experts – outlines requirements including EU/EFTA nationality, language proficiency, employment by ESFS members or approved entities, education, and professional experience for secondment applications.
European Banking Authority (EBA) vacancy notice for an Administrative Assistant position in Paris – invites applications to establish a reserve list for administrative support roles covering logistics, document management, budget monitoring, and operational tasks under EU employment criteria.