EBA public meeting register for 1-15 July 2024 listing engagements of Executive Director François-Louis Michaud – discloses no meetings with stakeholders or entities during this period.
EBA, EIOPA, and ESMA FAQ on the 2024 DORA Dry Run exercise clarifies practical aspects of reporting ICT third-party provider registers, including template completion, file submission, and data quality feedback, while excluding legal interpretation of DORA or ITS provisions.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their joint Final report on the draft Regulatory Technical Standards (RTS) specifying how to determine and assess the conditions for subcontracting information and communication technology (ICT) services that support critical or important functions under the Digital Operational Resilience Act (DORA). These RTS aim at enhancing the digital operational resilience of the EU financial sector by strengthening the financial entities’ ICT risk management over the use of subcontracting.
EBA, EIOPA, and ESMA final report on DORA regulatory technical standards outlining requirements for financial entities to assess and manage risks when subcontracting ICT services supporting critical or important functions, including due diligence, monitoring, and contractual conditions under Article 30(5) of Regulation (EU) 2022/2554.
EBA, EIOPA, and ESMA provide consolidated Q&A clarifying the application of the Sustainable Finance Disclosure Regulation (SFDR) and its Delegated Regulation, covering sustainable investment definitions, PAI disclosures, taxonomy alignment, financial product disclosures, and multi-option products.
EBA updates Joint Committee guidelines on complaints handling for banking and securities sectors, incorporating changes under the Credit Servicers Directive and Mortgage Credit Directive to enhance consumer protection and supervisory consistency.
The European Banking Authority (EBA) published today final Guidelines that extend the existing Joint Committee Guidelines on complaints handling (JC Guidelines) to credit servicers under the new Credit Servicers Directive. When handling complaints from borrowers, credit services are required to apply the same effective and transparent procedures that have been applied for more than a decade to other firms in the banking, insurances and securities sectors.
The European Banking Authority (EBA) today published an Opinion in response to the observations made by European Parliament in its 2022 Discharge Report. Out of 29 observations, which cover the areas of budget and financial management, performance, efficiency and gains, staff policy, prevention and management of conflicts of interest and transparency, procurement, internal control, and other comments, the EBA considers that the large majority (21) has already been addressed or does not require follow-up action. For a smaller number of observations (8) follow-up action is deemed to be an ongoing or continuous effort.
EBA and ESAs table summarizing EU Member State language and ex ante notification requirements for PRIIPs KID under Regulation (EU) No 1286/2014, providing clarity on national rules for packaged retail and insurance-based investment products as of December 2025.
The European Banking Authority (EBA) today published a Peer Review on its Guidelines on the application of the definition of default. The Review found that the effectiveness of supervision in this area is good, in particular as regards the monitoring of internal ratings-based approach (IRBA) credit institutions. Supervision of the definition of default of credit institutions using the standardised approach (SA) is also good but more varied, reflecting the more dispersed nature of credit institutions and the relative predominance of IRBA credit institutions in terms of size and assets in different jurisdictions. The Report identifies a small number of follow-up measures/recommendations for certain competent authorities as well as best practices that would be of benefit for other competent authorities to adopt.
EBA AML/CFT Newsletter Issue 13 covers updates on virtual IBANs risks, MiCAR governance guidelines for asset-referenced tokens, joint EBA-ESMA suitability assessments for crypto-asset issuers, translated ML/TF risk factors guidelines, and supervisory training on crypto-assets and risk assessment.
EBA peer review assessing implementation of the Guidelines on the application of the definition of default (EBA/GL/2016/07) across EU competent authorities, evaluating transposition, compliance, and supervisory practices under CRR framework.
EBA consults on draft Handbook outlining guidelines for appointing and assessing independent valuers in bank resolution, covering preparatory steps, independence criteria, conflict-of-interest safeguards, and contractual considerations under EU resolution frameworks.
The European Banking Authority (EBA) today launched a public consultation on the draft Handbook on independent valuers for resolution purposes. The draft Handbook aims at enhancing convergence by providing best practices, high-quality methodologies and processes for the selection and appointment of independent valuers for resolution purposes, as well as examples on the application of these methodologies under some scenarios. The consultation runs until 19 September 2024.
The European Banking Authority (EBA) today published a Report on structured deposits in the European Union (EU), under the Markets for Financial Instruments Regulation (MiFIR) to monitor this particular market segment. The Report finds that in more than half of the 27 national markets in the EU, structured deposits do not exist, and that the EU market remains very small at an aggregate level, with only €16.7 billion of structured deposits sold between 1 January and 30 September 2023 – the reference period of the Report -, and 95% of which was concentrated in only 4 EU Member States.