Curriculum vitae of Francesco Cannata, Bank of Italy official and EBA Board of Supervisors alternate member, detailing his career in banking supervision, financial stability, Basel Accords, SSM coordination, and regulatory impact analysis since 1996.
European Commission response to EBA’s draft implementing technical standards on ESG risk disclosures under the Capital Requirements Regulation (CRR), proposing amendments to definitions, proportionality for the Banking Book Taxonomy Alignment Ratio (BTAR), and clarity improvements for institutions.
The European Banking Authority (EBA) published today the conclusion of its peer review of how competent authorities supervise institutions’ ICT risk management and have implemented the EBA Guidelines on ICT risk assessment under the supervisory review and evaluation process (SREP). Overall, the analysis suggests that the competent authorities across the EU have applied a risk-based approach to the supervision of ICT risk management. The EBA has not identified any significant concerns regarding the supervisory practices but makes some general recommendations for further improvements.
Keynote speech
List of third country groups with IPUs and third country branches
The European Banking Authority (EBA) today published the list of all third country groups (TCGs) operating in the European Union and European Economic Area (EU/EEA) with the intermediate EU parent undertakings IPU(s), where applicable. The EBA also published the list of all third country branches (TCBs) of credit institutions authorised to operate in the EU/EEA.
European Banking Authority (EBA) Chairperson Jose Manuel Campa’s September 2022 meeting register – details engagements with stakeholders on resolvability, digital transformation, and ESG regulation at key banking and resolution conferences.
EBA amends disclosure guidelines on non-performing and forborne exposures, clarifying their application to small, non-complex, and non-listed institutions while excluding those covered by Commission Implementing Regulation (EU) 2021/637 under CRR Article 442.
EBA Chairperson Jose Manuel Campa’s September 2022 public meeting register detailing discussions with banks, regulators, and tech firms on EU banking priorities, sustainability risks, cryptoassets (MiCA), ESG, Basel III, operational resilience, and third-country branches.
Consolidated Guidelines on disclosure of non-performing and forborne exposures
The European Banking Authority (EBA) is providing today clarity on the applicability of several EBA disclosure guidelines which are replaced totally or partially by the Implementing Technical Standards (ITS) on Pillar 3 disclosure. As part of this effort, the EBA has repealed three guidelines that are replaced by that ITS and revised the scope of application of the Guidelines on disclosure of non-performing and forborne exposures. The amending Guidelines published today ensure the continuity of public disclosures on non-performing and forborne exposures by all credit institutions.
Thematic note on residential real estate exposures of Eu banks - risks and mitigants
The European Banking Authority (EBA) published today a thematic note on EU banks’ residential real estate exposures. EU banks reported more than EUR 4.1 trillion of loans and advances collateralised by residential immovable property. This corresponds to 1/3 of all loans towards households and non-financial corporates.
Report on the monitoring of TLAC-/MREL-eligible liabilities instruments of EU Institutions
The European Banking Authority (EBA) today published an updated total loss-absorbing capacity and minimum requirement for own funds and eligible liabilities (TLAC/MREL) monitoring Report. Following the first TLAC-MREL monitoring Report, the EBA has observed that its recommendations have been, overall, well implemented. However, it has identified the need for a few new notable provisions to be recommended and for some others to be avoided. This Report provides policy views based on TLAC/MREL instruments assessed up to February 2022 with a view to continue strengthening the quality of the instruments and to have more standardised information across the EU.