European Supervisory Authorities (EBA, EIOPA, ESMA) and ENISA establish a cooperation framework under DORA and NIS2 Directive to enhance cybersecurity, incident reporting, technical standards, and cross-sector collaboration in the EU financial sector.
EBA and ESMA consult on the prudential framework for investment firms, reviewing categorisation, capital requirements (K-factors), liquidity rules, remuneration policies, and interactions with MiCAR and CRR3/CRD6 under the EU Investment Firms Regulation (IFR) and Directive (IFD).
EBA assesses the National Financial Regulatory Administration (NFRA) of China’s professional secrecy and confidentiality regime for equivalence with EU standards under CRD, PSD2, AMLD, and BRRD, confirming continued compliance as NFRA succeeds CBIRC.
EBA AML/CFT Newsletter Issue 12 covers updates on crypto-asset service provider guidelines, translations of risk-based supervision rules, finalisation of the 'Travel Rule' and restrictive measures, follow-up on peer review progress, and the EBA’s advice on the new EU AML regime including risk assessment and sanctions criteria.
European Supervisory Authorities (EBA, EIOPA, ESMA) Spring 2024 risk update assessing vulnerabilities, market trends, and digitalisation risks across the EU financial system for financial stability oversight.
EBA report analysing the adoption of Distributed Ledger Technology (DLT) in EU banking and payments, assessing use cases like record keeping, clearing, and identity attestations, while monitoring risks and regulatory fit-for-purpose under its innovation convergence mandate.
EBA, EIOPA, and ESMA conduct a 2024 dry run to help financial entities prepare their ICT third-party provider registers under DORA, due by January 2025, offering feedback, data quality checks, and reporting process testing.
European Central Bank and European Banking Authority establish the Joint Bank Reporting Committee (JBRC) under the Capital Requirements Regulation to streamline supervisory, statistical, and resolution reporting, reduce costs, and enhance cooperation among EU banking authorities.
EBA industry survey gathering input from EU credit institutions on current practices for identifying and classifying exposures to ESG risks, focusing on data availability, methodologies, and risk indicators for corporates, SMEs, and households under CRR Article 501(c).
Letter from Quinn Emanuel on behalf of BNP Paribas noteholders challenging the bank’s treatment of US$500M subordinated notes as Tier 2 capital under CRR rules, citing tax call provisions and redemption incentives as regulatory non-compliance issues.
EBA letter addressing concerns about BNP Paribas' legacy Tier 2 perpetual instrument, clarifying its ineligibility as regulatory capital under CRR due to tax call clauses and multi-layered structure, requiring grandfathering treatment ended in 2021.
EBA AML/CFT Newsletter Issue 11 covers 2023 progress in anti-money laundering and counter-terrorism financing supervision, including assessments of competent authorities, risk mitigation guidance, updated NPO guidelines, college cooperation improvements, and sector-specific compliance discussions with payment institutions.
EBA statement at COP28 reaffirms commitment to integrating sustainability into EU banking regulation, covering climate risk management, ESG disclosures, stress testing, prudential framework enhancements, and efforts to combat greenwashing while supporting the transition to a climate-neutral economy.
Joint ESAs supervisory independence criteria
List of third country groups with IPUs and third country branches
European Banking Authority (EBA) letter to IASB on the post-implementation review of IFRS 9 impairment requirements – assessing diversity in practices, challenges in significant credit risk increases, and prudential impacts to enhance financial reporting consistency and comparability.
EBA advice on MICAR CfA on significance criteria and supervisory fees
EBA guidance on compilation of IMF-FSI
EBA IMF FSIs mapping to EBA data (xlsx)