EBA Executive Director François-Louis Michaud’s November 2022 meeting register – covers discussions on Basel III implementation, Capital Requirements Directive, Banking Union, digital and sustainable finance, and supervisory review (SREP) with financial institutions and consultancies.
EBA guidance on 2023 EU-wide stress test templates – detailing data formats, reporting standards, and specific instructions for credit risk, market risk, net interest income, operational risks, and capital projections to ensure consistent bank submissions.
The European Banking Authority (EBA) published today an updated list of capital instruments that Competent Authorities across the European Union (EU) and for the first time the European Economic Area (EEA) have classified as Common Equity Tier 1 (CET1). Since the publication of the previous update in December 2021, the CET1 instruments compliant with the Capital Requirements Regulation (CRR) and issued by institutions from Iceland, Liechtenstein and Norway have been added to the list. The list will be maintained and updated on a regular basis.
The European Banking Authority (EBA) today published its final draft Implementing Technical Standards (ITS) specifying the requirements for the information that credit institutions selling NPL shall provide to prospective buyers. The objective of the draft ITS is to provide a common data standard for the NPL sales or transfers across the EU enabling cross-country comparison and thus reducing information asymmetries between the sellers and buyers of NPL, thus improving the functioning of NPL secondary markets.
List of Public Guarantee Schemes
Notifications on general payment moratoria
Closure Report of COVID-19 measures
EBA Chairperson José Manuel Campa’s November 2022 public meeting register detailing engagements with financial institutions, covering EU banking sector challenges, regulatory developments (ESG, DORA, MiCA), and progress on the banking union.
Annex 2 - Draft ITS on NPL transaction data templates
Annex 1 - Draft ITS on NPL transaction data templates
Final report on draft ITS on NPL transaction data templates
EBA AML/CFT Newsletter Issue 9 – updates on EuReCA’s first-year progress tracking money laundering and terrorist financing risks, new mandates under the revised Transfer of Funds Regulation (TFR), and the establishment of expert groups to guide crypto assets and sanctions compliance.
The European Banking Authority (EBA) today published its closure report of Covid-19 measures, which provides an overview of the wide range of policy measures taken on the back of the pandemic, their state of play and the path out of policy support. Although the EU banking system proved overall resilient, the ample support provided does not give room to complacency, and the framework is to be further strengthened with a loyal and prompt implementation of Basel III. The publication is accompanied by an update to the list of Public Guarantee Schemes and general payment moratoria schemes issued in response to the pandemic. Finally, the EBA Guidelines on Covid-19 reporting and disclosure have been repealed in response to the decreasing relevance of the related public support measures, and the overall EBA proportionate approach to reporting.
The European Banking Authority (EBA) published today a thematic review on the transparency and level of fees and charges levied by financial institutions (FIs) on the retail banking products in the EU. Overall, the review finds that fees and charges vary greatly in terms of level and type not only across the European Union (EU) market, but also across FIs within the same jurisdiction. Furthermore, the variety of types for fees and charges cause different levels of detriment to consumers, and, with the exception of payment accounts, fees and charges are difficult to compare between providers.
Consultation paper on draft Guidelines on overall recovery capacity in recovery planning
Thematic review on the transparency and level of fees and charges for retail banking products
The European Banking Authority (EBA) today published a consultation paper on its draft Guidelines on the overall recovery capacity (ORC) in recovery planning. The Guidelines aim to set up a consistent framework for the determination of the ORC by institutions in their recovery plans and the respective assessment by competent authorities. The consultation runs until 14 March 2023.