European Commission letter to the EBA urging urgent assessment of liquidity challenges in energy derivatives markets, focusing on margin calls, collateral requirements under EMIR, and potential measures to support energy companies, including collateral transformation and transparency improvements.
The European Banking Authority (EBA) today published its annual Funding Plans Report. 159 banks submitted their funding plans for a forecast period from 2022 to 2024. The Report highlights strong deposit growth and increase of public sector sources of funding in 2021. The plans show banks’ intentions to increase market-based funding over forecast period, while the gap between planned debt issuances and maturing targeted longer-term refinancing operations (TLTRO) in the coming two years remains significant.
Report on Funding Plans
The European Banking Authority (EBA) has become the first European agency in France to be registered for its environmental performance under the European Eco-Management and Audit Scheme (EMAS). The registration was issued by the French Ministry for the Ecological Transition for a duration of three years. The scope of EMAS covers all the EBA’s operational and core business activities.
EMAS registration certificate
EMAS registration decision
EBA vacancy notice for a Bank Sector Analyst (Seconded National Expert) in Paris, focusing on EU-wide stress testing, risk assessment, macroprudential analysis, and climate risk in the banking sector – applications extended to 12 October 2022.
EBA vacancy notice for a Seconded National Expert (Policy Expert) in Reporting to support integrated reporting initiatives, including roadmap development, data dictionary, and stakeholder coordination, based in Paris with applications extended to 12 October 2022.
EBA forwards key interpretation questions on SFDR and Taxonomy Regulation (TR) to the European Commission, addressing principal adverse impact disclosures, financial adviser obligations, product scope, good governance practices, and disclosure requirements for existing and discontinued financial products.
European Supervisory Authorities (ESAs) forward interpretation queries on the Sustainable Finance Disclosure Regulation (SFDR) and Taxonomy Regulation (TR) to the European Commission, covering principal adverse impact disclosures, financial adviser obligations, product transparency, good governance, and disclosure requirements for financial products.
European Supervisory Authorities (ESAs) seek clarification from the European Commission on key SFDR interpretation issues, including sustainable investment definitions, carbon emissions reduction disclosures, principal adverse impacts (PAI) considerations, and periodic reporting requirements for financial products.
Joint Committee Autumn 2022 Report on Risks and Vulnerabilities
EBA Opinion on measures in accordance with Article 133 (EBA-Op-2022-09)
The European Banking Authority (EBA) published today an Opinion following the notification by De Nederlandsche Bank (Central Bank of the Netherlands) of its intention to extend a macroprudential measure introduced in 2020 and activated on 1 January 2022. The measure imposes a minimum average risk weight on Dutch housing loan portfolios for credit institutions that have adopted an internal ratings-based (IRB) approach. Based on the submitted evidence the EBA does not object to the extension of the measure.
The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their Autumn 2022 joint risk report. The report highlights that the deteriorating economic outlook, high inflation and rising energy prices have increased vulnerabilities across the financial sectors. The ESAs advise national supervisors, financial institutions and market participants to prepare for challenges ahead.
The European Banking Authority (EBA) today issued a revised list of validation rules for its reporting standards (Technical Standards and Guidelines), highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these reporting standards should not be formally validated against the set of deactivated rules. In addition, the EBA also reactivated some validation rules, which should be applied again.
Validation Rules