EBA final guidelines establishing uniform disclosure requirements for credit institutions on non-performing exposures (NPEs), forborne exposures, and foreclosed assets under CRR, ensuring transparency and supervisory compliance across the EU.
The European Banking Authority (EBA) published today clarifications to a third set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2. The clarifications respond to issues raised on the portability of ‘wide usage' data between EU Member States and on eIDAS certificates, in particular with regards to passporting, their use during the ‘wide usage' period, and the reliance on the certificates by account servicing payment service providers (ASPSPs). The clarifications also respond to questions on the use by Third Party Providers (TPPs) of agents and outsourcees for accessing payment accounts data and on the interpretation of the conditions of "widely used" and "design to the satisfaction of the TPPs".
The European Banking Authority (EBA) published today clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2, which met for the first time on 21 February 2019. The issues relate the practical aspects regarding the reliability of testing platforms, the alignment of functionalities between API schemes, and the identification for testing purposes of entities that have not been authorised yet.
EBA guidance on submitting questions about the practical application of EU banking regulations, including CRD, CRR, BRRD, DGSD, PSD2, and the Mortgage Credit Directive (MCD), outlining eligibility, prioritization, and submission rules for stakeholders.
The European Banking Authority (EBA) has updated its online Interactive Single Rulebook and Q&A tool with the inclusion of the Mortgage Credit Directive (MCD).
Board of Supervisors meeting
Opinion on the nature of passport notifications for agents and distributors of e-money
Compliance table
The European Banking Authority (EBA) published today an Opinion on the nature of passport notifications of payment institutions (PIs) and electronic money institutions (EMIs) using agents and distributors located in another Member State. The Opinion provides clarity on the criteria that national competent authorities (NCAs) should use for determining when the use of an agent or distributor triggers an ‘establishment’ of the appointing institution in the host Member State or falls under the free provision of services.
EBA draft guidelines on credit risk mitigation (CRM) for banks using the IRB approach with own LGD estimates, aiming to clarify CRR requirements, reduce practice variability, and complement existing PD and LGD estimation rules under the IRB roadmap.
European Banking Authority (EBA) traineeship notice for administrative roles in Paris – offering 6-12 month paid placements for recent graduates to support secretarial, administrative, communications, and finance teams, with applications extended to 30 April 2019.
The EBA has closed its formal investigation into a possible breach of Union law by the Estonian Financial Services Authority (Finantsinspektsioon) and the Danish Financial Services Authority (Finanstilsynet) in connection with money laundering activities linked to Danske Bank and its Estonian branch in particular. At a vote at its meeting on 16 April 2019 the EBA’s Board of Supervisors rejected a proposal for a breach of Union law recommendation.
EBA and EBF joint workshop summary on sustainable finance held in April 2019, covering discussions on integrating ESG risks into banks' frameworks, climate-related disclosures, scenario analysis for climate risks, and market opportunities for green finance under the EU Action Plan.