Notification from Lithuania’s Deposit and Investment Insurance to the EBA on the unavailability of deposits at Baltija Credit Union following license cancellation, asset insufficiency, and initiation of EUR 8.61 million reimbursement to 967 depositors in October 2017.
The European Banking Authority (EBA) published today its final Guidelines on complaints procedures to be followed by competent authorities (CAs) to ensure and monitor effective compliance by payment service providers (PSPs) with the revised Payment Services Directive (PSD2). These Guidelines are part of the EBA’s work to support the core objectives of PSD2 of strengthening the integrated payments market across the European Union, ensuring a consistent, efficient and effective application of the legislative framework and promoting transparency.
EBA Opinion on Brexit Issues (EBA-Op-2017-12)
EBA guidelines on ICAAP and ILAAP information collection for SREP purposes – reporting compliance status of EU national authorities, detailing implementation timelines and supervisory approaches under CRD IV.
The EBA published today an Opinion on Brexit to ensure the consistent application of Union legislation to businesses seeking to establish or enhance their EU27 presence in order to retain access to the EU Single Market. The Opinion aims at providing greater certainty to firms and ultimately at ensuring a level playing field. In the Opinion, the EBA addresses a number of relevant policy topics relating to authorisations, the prudential regulation and supervision of investment firms, internal models, outsourcing, internal governance, risk transfers via back-to-back and intragroup operations, and resolution and deposit guarantee scheme issues. The EBA will monitor how the Opinion will be applied in practice by authorities and will continue its policy and risk analysis work in relation to the challenges posed by Brexit.
The European Banking Authority (EBA) rectified today Annex 1 of its Implementing Technical Standards (ITS) on benchmarking of internal approaches, which had been amended on 4 May 2017 to define the benchmarking portfolios for the 2018 benchmarking exercise.
EBA instructions for reporting under the Bank Recovery and Resolution Directive (BRRD), detailing templates and requirements for organisational structure, liabilities, own funds, intragroup financial connections, deposit insurance, critical functions, and information systems.
EBA consultation on draft Implementing Technical Standards for reporting information to support resolution plans under Directive 2014/59/EU (BRRD), covering scope, templates, and procedural requirements for banks and resolution authorities.
EBA quarterly press newsletter (Oct-Dec 2017) outlining upcoming publications on regulatory topics including IFRS 9 disclosure, PSD2 security measures, NPL management, stress testing, investment firms framework, and supervisory convergence under CRR/CRD IV.
The European Banking Authority (EBA) launched today a consultation to amend the Implementing Technical Standards (ITS) on the information which institutions must provide to resolution authorities for the purpose of drawing up and implementing resolution plans. This review aims to update the framework taking into account the latest experience available in the areas of resolution planning and supervisory reporting. The consultation runs until 11 December 2017.
EBA compliance table showing EU national authorities' adherence to 2015 Guidelines on managing interest rate risk from non-trading activities, including implementation approaches and proportionality adjustments.
EBA Chair Andrea Enria’s 2017 statement to the European Parliament outlines progress on EU banks’ balance sheet repair, NPL reduction, IFRS 9 implementation, MREL compliance, CRD/CRR review, FinTech innovation, PSD2 standards, and Brexit-related regulatory coordination.
Andrea Enria’s 2017 statement to the European Parliament outlines the Joint Committee of the European Supervisory Authorities’ achievements, including risk monitoring, Brexit preparedness, low profitability challenges, consumer protection, financial innovation (big data, robo-advice), and AML/CFT efforts under PRIIPs and EU regulations.
European Commission calls on EBA to assess the feasibility of European Secured Notes (ESNs) for SME and infrastructure loans, evaluating best practices, risk treatment, and asset encumbrance impact under the Capital Markets Union framework by April 2018.
EBA guidelines on fraud reporting under PSD2
EBA 2018 Work Programme